A new $2 coin commemorating the end of the Vietnam War has skyrocketed in value and is now selling for up to $1,200 online. The Royal Australian Mint released two $2 coins earlier this month to commemorate 50 years since the end of Australia's involvement in the Vietnam War.
The original red poppy coins were released in 2012, Mr Kandiah said, and had a mintage of 503,000 – 40,902 of which were C-mintmarked. In 2018, for the 30th anniversary of the $2 coin set, another version was released with a mintage of 30,000, he said.
“Now the sets are being valued at $6,000. “It's purely down for people's attraction to the $2 Mars coin. To see its value increase nearly 30 fold in five years is beyond ridiculous.”
The 2012 Red Poppy, 2013 Coronation and 2014 Green Dove coins also have value due to the fact that they were the earliest coins released. This means that as collectors have come along and started collecting coloured $2 coins, they have been forced to buy the harder-to-find ones.
The 2012 remembrance $2 coin, which has a red poppy on one side, was one of the lowest-minted coins in Australian history, with just 503,000 entering circulation, according to coin and banknote expert @TheHistoryOfMoney on TikTok. If you have one of those in your spare change it could fetch you a massive $370.
Your Lincoln penny could be worth $300,000 – the exact date for a 'holy grail' find. A PENNY worth six figures has been found on a deceased grandmother's property, and there are specific elements to keep in mind to spot it.
Australia's rarest one dollar coin is the 2000 $1/10c mule - this is the one to look for! A few years ago, a mint condition example sold at auction for more than $10,000.
'It's purely down for people's attraction to the $2 Mars coin. To see its value increase nearly 30-fold in five years is beyond ridiculous,' Mr Kandiah said.
Mr Kandiah tells us that these 2 coins are amongst the rarest ever minted in Australia with only 503,000 of The 2012 Red Poppy and a slightly larger 995,000 minted 2013 Purple Coronation $2 coins.
“In that time, it seems that heightened demand for the coronation coin also increased demand for the red poppy. “Since the Queen's passing, the price of the coin in mint condition has increased from $310 to $400 in that time!”
In a recent video, he revealed the 2012 Red Poppy coin and the 2013 Purple Coronation coin were now fetching a combined price of up to $550.
A list of valuable 50c Australian coins is fairly short - most are only worth their face value unless they are in premium grade. One of the first 50 cent piece designs that many people notice in their change are the fifty cent coins struck for the Centenary of Federation - there is one for each state and territory.
Although the 2014 $1 WWI Centenary Unc will be issued for circulation, this is an irresistible opportunity to keep your collection complete in strictly Uncirculated condition. Better yet, this key type can be yours at a mere A$6.95 apiece!
"The market has been hot for these two $2 coins, which are the lowest minted coloured circulating $2 coins in Australian history," he said. A $2 coloured Red Poppy coin with a red poppy on it is now selling for between $150 to $370. An uncirculated Red Poppy is currently on sale on eBay for $850.
1943 Bronze Lincoln Penny. Now we're getting into some serious money. The 1943 Bronze Lincoln penny has gone for hundreds of thousands of dollars, but it could go for as much as $1 million in perfect shape, according to CoinTrackers.com.
1803 Draped Bust Silver Dollar - This is one of the rarest and most valuable coins, and only four of them are known to exist. Each of these coins are worth around $1 million if they are in good condition.
The reverse depicts an Australian Koala sitting in a eucalyptus tree. The $200 gold coin with the koala reverse was minted in 1980, 83, and 84 with the Machin obverse and in 1985-86 with the Raphael Maklouf portrait of the Queen.
A collectible $2 commemorative coin with a coloured poppy released through the normal sales channels to mark the historical significance of this coin being the first commemorative design for the $2 circulating coin. It is also a mintmark.
2013 Purple Coronation (No Mintmark) Value
Right now an average circulated purple coronation $2 in EF or better grade might sell for $30-$40. A genuinely uncirculated example seems to fetch $50-$75. Of course genuinely uncirculated examples are not seen very often and we've seen very few in several years of collecting.
The HH on them does not make them a rarity and between them, nearly 200 million examples were produced between 1988 and 1989. It is amazing that people still think these coins are valuable and this is the result of some articles that have been published that are absolute nonsense.