“People are trying to furiously collect,” she said. The knowledge of the Queen’s historical significance has driven a “major influx in new customers”, according to the coin expert of 50 years. Queen Elizabeth II has been the only monarch to feature on a decimal coin since they were introduced in 1966.Ĭoin expert Joel Kandiah has shared insights into which coins to collect. The managing director of CoinWorks Australia noted the Queen had overseen the transition from pre-decimal currency, including pennies and shillings, to the decimal currency in use now. “Coinage does chart history and the Queen’s passing is historical,” she said. Rare coin expert Belinda Downie said the death of the Queen has had a “positive effect” on the coin collecting industry as Australians try to get their hands on a bit of history. “I’ve been collecting for 27 years and I’ve never seen price rises like that ever,” Mr Kandiah said/ The 2019 “Effigies Over Time” collector set has also seen a huge spike in demand, with the price soaring from $50 two weeks ago to $250 in the current market. Following the Queen’s death, the numismatist said the coin is now valued at $100. The coin is the silver 50c coin released for the Queen’s Platinum Jubilee, which was initially sold for $12.50. (Baddest Of Them All) - Eliza Rose & Interplanetary Criminal Because of the rarity of these coins slipping through the Mint’s control processes, they command a price of up to $3,000 today.$2 Coins #coins #australia #coincollecting #money #edutok #needtoknow #tiktokaustralia ♬ B.O.T.A. In a break from coins linked specifically to the Royal Family, another corner of collecting rare currency is what is known as “double struck” coins, where the coin has been stamped twice. 2008 or 2009 Double Struck $2 Dollar Coins Image credit: You can expect to pay between $250 and $1,000 for this set today. 2019 “Effigies Over Time” 6-Coin Collector SetĪnother set of valuable coins linked to our late Monarch is the “Effigies Over Time” set, which includes all six Australian coins with different depictions of the Queen’s effigy as it evolved from 1953 to 2019. After the Queen’s death, these rare coins are now selling for between $70 o $100. Released last year to celebrate 70 years on the throne of Queen Elizabeth II, this coin was uncirculated and originally retailed for $12.50. “In the last week its value has shot up to $75 to $180,” Kandiah said. The 2013 Purple Coronation $2 coin has a slightly higher mintage of 995,000, but its value has also soared. With another relatively low mintage of 995,000 in circulation, these rare coins have also seen an absolutely crazy jump in interest following the Queen’s passing, with the two coins we’ve just mentioned enjoying a hefty combined price. The 2013 Purple Coronation 2-dollar coin was the very first time that the Royal Australian Mint released a coloured coin, with a distinct purple stripe on its surface.
#Australian rare coins drivers#
One of the other drivers of the increase in interest in coin collecting has been a Perth teacher by the name of Joel Kandiah, who has amassed a huge following of more than 125,000 followers on TikTok ( and 46,000 followers on Instagram ( As a self-confessed numismatist and coin-noodler, he’s been collecting coins for nearly three decades and has taken to the platforms to educate his followers on the intricacies of collecting coins and the most valuable coins to look out for. With the coronation of King Charles III set to take place in May this year and the updated currency that will come with his appointment, rare Australian coins depicting Queen Elizabeth II are expected to continue to rise in value, while the first coins depicting King Charles III will establish an entirely new collecting market.
The coin-collecting market has been hot in recent years but has been supercharged following the passing of Queen Elizabeth II last September, with a number of coins from the Royal Australian Mint that celebrated her Coronation and Platinum Jubilee skyrocketing in value. However, that change takes on a whole new meaning when you consider that some of the best rare Australian coins in Australian history are actually both collectible and highly valuable. For most of us, the idea of carrying loose change in our pockets has moved from the handy by-product of a transaction that helps with parking to an annoyance that only drives incentive to pay by card.
0 kommentar(er)
