Rare Australian mule $1 coin selling for more than $4000 | 7NEWS

Crack open your mint jars because you could be sitting on an absolute goldmine ! A rare australian one dollar mint, known as a ‘ mule ’, is being sold at auction for more than $ 4,000. A mix up at a batch in 2000 created a rare $ 1/10c loanblend – besides called a mule mint – which is valued by rare coin collectors at thousands of times its face measure.

Watch the latest news program on Channel 7 or stream for release on 7plus > > And while at first glance, the mule looks like any other gold mint, a closer look reveals a pair of all-important differences, including a double rim edge. The coin was made when a technician at the Royal Australian Mint unintentionally paired the kangaroo-patterned ‘ tails ’ side of the mint with the ‘ head ’ of a 10c piece, explains the australian Coin Collecting Blog .The 2000 $1 mule coin.

The 2000 $1 mule coin.

Credit: The Australian Coin Collecting Blog

It ’ second estimated there would be around 6,000 of the mule coins in circulation. The majority of them wound up in Perth, and while the mule craze peaked around 2003/2004, the rare mint is even in circulation. It ’ s a timely admonisher to check your one dollar coins from now on, as you might just win a pot .You can see how the mule (left) has a double rimmed edge.

You can see how the mule (left) has a double rimmed edge.

Credit: Australian Coin Collecting Blog

Five super rare Aussie coins

Earlier this class, a Melbourne mum revealed how a simple error on a batch of one dollar coins could earn you $ 3000. That ’ s not the only electric potential payday either. There are presently five coins across 20 penny, one dollar and fifty dollar bill penny denominations that could be worth thousands of dollars. Find out more in the video below.

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2007 ‘double head’ five cent coin

2007 double obverse five cent coin.

2007 double obverse five cent coin.

Credit: The Australian Coin Collecting Blog

sometimes the coins that you might not think are worth much are actually worth the most. The australian Coin Collecting Blog explains that the ‘ double head ’ was measuredly paired by a Mint worker using two 2007 heading dies. The press was then run, and it ’ s estimated thousands of coins were printed.

If you come across one, you could earn yourself a massive 299900 per cent render on the face value of the coin. You can read up more on this coin here and tips on how you can spot it .

2010 ‘upset’ 50 cent coin

The 2010 'upset' 50 cent coin.

The 2010 ‘upset’ 50 cent coin.

Credit: The Australian Coin Collecting Blog

An operator error during a 2010 production run of australian 50 cent coins where the die was installed falsely caused the heads of some coins to be rotated at 30 degrees from the overrule ‘ tails ’ side of the coin. There were an calculate 200,000 of these coins in circulation. It might be a very hard to spot the error, but some of these coins have previously sold for $ 50 on eBay. You can read more on The australian Coin Collecting blog here .

2000 ‘incuse flag’ 50 cent coin

The 2000 'incuse flag' 50 cent coin.

The 2000 ‘incuse flag’ 50 cent coin.

Credit: The Australian Coin Collecting Blog

The 50 cent ‘ millennium ’ mint is one of the hardest errors to spot and is besides known as the ‘ incuse iris millennium ’ coin. The err affects the Cross of St. Andrew on the Union Jack which is sunk into the coin rather than raised in the wide circulated version. It ’ sulfur believed that there are entirely around 200,000 of these coins in public with a value of around $ 50 .

1966 wavy baseline 20 cent coin

1966 wavy baseline 20 cent coin.

1966 wavy baseline 20 cent coin.

Credit: The Australian Coin Collecting Blog

On most australian 20 penny coins, the base of the number two is a heterosexual channel. But in a series of coins released in 1966, the basis has a flimsy curve in the shape of a wave. Though it ’ s a minor detail, it can multiply its respect to collectors hundred-fold. One of the coins is selling on eBay for $ 300, with members in a coin collecting Facebook group saying the same coin could go for up to $ 800.

The Royal Australian Mint, which manufactures Australia ’ second coins, says it tries to limit mistakes or misprints and understands why “ mistake coins ” become circulate. however, even with the hard-and-fast screen summons, it ’ s impossible to say precisely how many have made their way into Aussie wallets. “ Due to the curio of these coins, avid mint collectors are continually on the hunt in campaign to add these valuable coins to their collections, ” a spokeswoman for the Mint previously told 7NEWS.com.au .

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