If there's ever been a time to check your lose change, this is it, with the value of rare $2 coins are skyrocketing following the death of the Queen. The 2012 Red Poppy coin and the 2013 Purple Coronation coin were now fetching a combined price of up to $550, avid coin collector Joel Kandiah said.
A $2 Vietnam War coin has skyrocketed in value.
The first coin was an uncirculated $2 C Mintmark gold coin, with a retail price of $15 and a mintage of 80,000. The second was a $2 C Mintmark silver coin, with a retail price of $80 and a mintage of just 5,000.
One is made of the same traditional gold colour of Australian $2 coins and was minted 80,000 times. However, the second, which is a silver colour, was only minted 500 times. Due to this small number, it could be worth up to $1200, according to a coin expert.
“Coins made in 1988 and 1989 with 'HH' on them are only worth $2,” he said in the video. “As there were 198 million of these minted.”
We get many calls a week from people asking if the $2 coloured coins they've found in their change or worth money. The answer from us is most often, “no”.
And the purple 60-year coronation coin from 2013 has jumped up in value to between $75 and $180. Both coins have been in circulation for several years now, but their unusual design and their low mintage numbers have made them very collectible.
In his video titled “Australia's rarest circulating $2 coin”, the man showed exactly how to detect a fake $2 coin featuring the iconic red flower. “The 2012 red poppy currently has a value of $180,” Joel said. “Due to its high value, people have been trying to make imitations and sell them on the market.”
Age - Older 2-dollar bills are more valuable than newer ones, as a general rule. Serial number - 2-dollar bills feature different serial numbers, some of which are more valuable. Misprints - Certain misprints, such as seals that are doubled or not placed properly, are very rare but are valuable.
1. 2002 Commonwealth Games Northern Ireland - £43. In 2002, four different designs of this £2 coin were created to commemorate the Commonwealth games, but the Irish version is the rarest with only 485,500 minted.
The standard $2 design (seen above) has been issued from 1988 to date. The latest version of the Pocket Guide to Australian Coin and Banknotes lists the UNC values for various years ranging from $3 to $25. Remember these are for brilliant uncirculated coins either taken directly from a roll or from a mint set.
The Royal Australian Mint has released a $2 collectors' coin to celebrate 200 years since the introduction of the European honeybee. At the time of writing, one of the 60,000 uncirculated coins was selling for as high as A$36 – but that's not the only sting in the tail of this commemorative release.
And the silver crisis of 1945 and 1946 and the 1945 Penny, Australia's rarest penny. And this 1946 cupro nickel florin, an experimental strike in an alternative metal and the the only example held by a private collector. The Melbourne Mint produced four florins in cupro nickel.
The demand for the $2 Mars coin follows the spike in value of two other $2 coins - the 2012 Red Poppy and the 2013 Purple Coronation - since the Queen's funeral. “The demand for the $2 Mars coin is unprecedented,” he said.
The 1933 Saint-Gaudens Double Eagle is one of the rarest coins of the modern era (if not the rarest, not counting one-off mint errors). The 1933 Saint-Gaudens Double Eagle easily has the richest history of any modern coin.
The value of a 1953 2-dollar bill largely depends on its condition. Generally, those used for everyday transactions are worth less than $10, but uncirculated banknotes can cost anywhere from 20 to 30 dollars.
The $2 bill was often thought to be bad luck, as “deuce” was a name for the devil. Recipients would tear off one corner, believing it would negate the bad luck of the bill. This caused many of the bills to be taken out of circulation as mutilated currency.
Without any paint at all, these $2 coins can get you $50. Another coin with some red paint remaining can fetch you $100. And if the coin hasn't been in circulation at all and is in perfect condition, selling the coin can fetch you $200 or more, “depending on the grade,” according to Kandiah.
Which Australian One Dollar Coins Are Valuable? 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.
You can however find the initials of the designer Horst Hahne (HH) on every 1988 2 dollar coin. This coin has no value beyond it's face value of $2. Take a closer look at the 2 dollar coin in your pocket, purse or wallet, does it have a tiny HH on the torso of the Aboriginal in the picture?
How much will they cost? “On Thursday, the Royal Australian Mint (RAM) will release a 2022 C-mintmark version of the famous 2012 Red Poppy $2 coin,” Kandiah said. “60,000 coins will be minted and they will cost $15 each. “There won't be any released into circulation, nor any mint rolls will be made.”
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.
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.