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One of the most common coins for coin noodlers or coin fossickers look through is the 1 dollar coin. To those who are new to the hobby of noodling it’s usual to ask those with more experience if something they’ve found that looks a bit odd is actually valuable. The inevitable next question is, ‘what is the most valuable 1 dollar coin you can find in change?’. In this article we’ll look at what we think are the three most valuable Australian $1 coins that you might have some chance of finding in change or while noodling.
Australia 2001 Upset 1 Dollar Coin
The most valuable Australian 1 dollar coin you can find in change is undoubtedly the 1992 Mob of Roos dollar coin. The Royal Australian Mint website lists the coin as having a mintage of 8000 but we doubt that to be true. We’re actually only aware of two (yes 2) evey being sighted. A guide to recent Australian coin releases, including coin photos and summary details for each. These coins focus on products from The Perth Mint of Australia. Once again the 'King of American Coins' takes one of the top 10 spots on the list of The World's Rarest and Most Valuable Coins. This coin was auctioned as part of the D. Brent Pogue coin collection auction jointly by Stack’s Bowers Galleries and Sotheby’s over the span of two and a half years. This specimen has a small D punched in a cloud. While some may be hard to spot, coins with small minting mistakes - known as 'mules' by collectors - can easily fetch thousands of dollars. A rare $1 Australian coin with a minting error was. 2020 1 oz Silver Australian Bull and Bear Coin Perth Mint NGC MS 70 Early. Was - $100.00 33% OFF. 2020 5 gram Silver Foil James Bond 007 No Time To Die Movie Poster Perth Mint. Was - $100.00 47% OFF. 2020 1 oz Silver Lunar Year of The Mouse / Rat Australia Perth PCGS MS 70 FS.
Rotated 2001 Federation Dollar Coin
Seen above is a year 2001 Federation of Australian Dollar coin with the obverse die rotated incorrectly to the reverse die. The most commonly found of the three valuable Australian 1 dollar coins we’re talking about today it is the result of a loose obverse die during one die pair production run. The degree of rotation (or upset) changed continuously during the production run and as a result coins with any angle of upset can be found.
Worth $20-$30 in average circulated grades some have sold for a few hundred dollars in brilliant uncirculated grades. You’re not going to find an uncirculated example in your change but $20-$30 for coin in your pocket is not worth sneezing at!
A Valuable Mule Dollar Found in Change
The Year 2000 $1 / 10c mule
Of the three dollar coins we’re looking at today the Year 2000 $1 / 10c mule is probably the best known and most desirable. Dedicated coin noodlers have been finding them since 2003 and at the time we wrote this article (November 2018) we are still hearing reports of mules being found every week or two. Mules found in change have been sold for more than $2000. However, these were fantastic quality coins found way back in 2003 or 2004 and those found today might be worth $300 or $400.
Circulation 1992 Mob of Roos One Dollar -we’ve made this one up, does it exist?
1992 Mob of Roos Dollar Coin
The most valuable Australian 1 dollar coin you can find in change is undoubtedly the 1992 Mob of Roos dollar coin. The Royal Australian Mint website lists the coin as having a mintage of 8000 but we doubt that to be true. We’re actually only aware of two (yes 2) evey being sighted. One sold at auction for more than $1000, and the other was accidentally spent on a cup of coffee. So, what is the the 1992 Mob of Roos dollar worth? Probably $2000+, or even more if two dogged decimal error collectors get into a fight over one at auction.
With values like that the 1992 Mob of Roos is clearly the most valuable Australian 1 dollar coin you can find in your change!
Important Note: Values are approximate only and current at time of writing of this article (November 2018). If you find one of these dollar coins in your change you can only ever know the true value when you sell it.
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Most Valuable Australian Coins
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This rare $1 coin could be worth thousands.Source:Facebook
Australians could be unknowingly hanging on to a $1 that could be worth thousands of dollars.
A mother in Melbourne has posted on the Facebook group Melbourne with Kidz that she was amazed to discovered a “mule” dollar coin from the year 2000.
These coins were inadvertently produced following a technical error by the Australian Mint in Canberra twenty years ago.
Mule dollars are a little thicker than a regular $1 coin in appearance and also have a double rum around the Queen’s head.
This rare $1 coin could be worth thousands. Picture: FacebookSource:Facebook
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“It’s a small number of the year 2000 $1 coins that had been minted using the incorrect obverse die (heads side) and released into circulation by mistake and only discovered a year or two later,” the mum wrote after doing some research.
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“With just a 1.4 millimetre difference in diameter between the 10 cent and $1 coin, you can clearly see a double rim circle going around the edges of the coin.”
TheDaily Mail Australia has reported that there are only 6000 of these coins that were minted incorrectly.
Some have been placed on eBay at a value ranging from $700 to $5000.
“Check your change and empty out the kids piggy bank! You could be sitting on a winner,” the mum said.
Meanwhile, the Australian Mint has launched a new commemorative $2 coin to honour the nation’s brave firefighters after the devastating bushfires.
The 'mule' dollar was released into circulation by mistake.Source:Supplied
The design of the coins includes a stylised representation of two firefighters standing back to back, with a coloured fire ball in the centre of the coin.
The identity of the two firefighters has been hidden, but the figure on the right is shown as masculine and the figure on the left as feminie as a symbol of the diversity within Australia’s firefighting ranks.
Rare Australian Coins $1
The Royal Australian Mint said two million of the coins would be released into circulation through the banks and Australians would start seeing the coin in their change over the coming weeks and months.
Royal Australian Mint general manager Mark Cartwright also announced that $125,000 from the proceeds of the sale of an uncirculated version of the coins would go to fire and emergency service organisations across the country.
Mr Cartwright said the coins would serve as an everyday reminder of the ongoing commitment of the nation’s firefighters and emergency service personnel to protect lives and property.
“The Mint is immensely aware of the bravery and sacrifice that goes in to being a firefighter,” he said.
The circulated commemorative $2 coin released by the Royal Australian Mint honouring Australia’s FirefightersSource:Supplied
The back of the commemorative $2 coin released by the Royal Australian Mint.Source:Supplied
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“Providing some financial benefit back to the firefighting community is a tangible way for us to assist these critical organisations to prepare for the summer ahead.
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“We should not forget that it was less than 12 months ago that large parts of Australia was on fire. Our firefighters – both career and voluntary – courageously combated the extreme conditions to keep us safe.”
“After a very long protracted fire season, to have volunteer firefighters’ amazing efforts recognised on a struck coin will mean a lot to all volunteers past and present around the country,” he said.
About 40,000 of the “C” Mint marked uncirculated coins have been struck and are being sold for $15. The circulating $2 coin of the same design can also be bought for $10.
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The coins are Australian legal tender and can be purchased from the Mint’s eShop or contact centre on 1300 652 020.
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To coincide with the launch of the coins, photographs and objects from previous bushfire seasons will be on display at the Royal Australian Mint from November 3 to January 28.
Rare Australian Coins 1971
The national peak body responsible for representing fire, emergency services and land management agencies in the Australasian region, the Australasian Fire Authorities Council, partnered with the Mint on the project.