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Rare Australian $1 Coins Worth Collecting
Australian coin enthusiasts have identified three noteworthy $1 coins that could hold significant value beyond their face value: the 2001 Centenary of Federation rotation error coin, the 2021 Mob of Roos coin, and the 2016 Changeover Coin. Here’s a detailed look at these rare finds.
2001 Centenary of Federation Rotation Error Coin
The 2001 Centenary of Federation coin is a prized find, especially if it features a rotation error. Coins with this error can fetch between $50 and $100. The rotation error occurs when the die used for minting is improperly rotated, causing the coin to be misaligned. According to Doug Mcrostie, founder of Coinxchange, various rotation angles exist, creating a unique collection opportunity. Collectors may encounter coins with rotations at 1, 2, or even 3 o’clock, with the most sought-after being those flipped at a direct 90 or 180 degrees.
The Royal Australian Mint produced around 27.9 million of these coins, but it remains uncertain how many feature the error. Mcrostie estimates that several thousand may still circulate today.
2021 Mob of Roos Coin
Next on the list is the 2021 Mob of Roos coin, which holds value between $10 and $25. What makes this coin special is not an error, but its limited mintage. With only 106,000 coins released, it’s the lowest quantity of a $1 coin minted for circulation, ensuring its rarity.
2016 Changeover Coin
Finally, the 2016 Changeover Coin honours the 50th anniversary of Australia’s transition to decimal currency. This coin can command a price of $20 to $50 and features a commemorative design on one side depicting the Australian Florin, which circulated from 1910 to 1963, while the reverse celebrates the iconic Mob of Roos design. The total mintage for this coin was 560,000, marking it as another significant piece for collectors.
Conclusion
Collecting rare coins can be an exciting and rewarding pursuit for enthusiasts and investors alike. Among the $1 coins to be on the lookout for, the 2001 Centenary of Federation rotation error coin, the 2021 Mob of Roos, and the 2016 Changeover Coin stand out for their unique features and potential value. Whether for heritage appreciation or financial investment, these coins are worthy of attention in the world of Australian numismatics.
