How to spot the $1 coin that’s actually worth $1000

Hunt is on for rare dollar coin that could get you thousands!

Time to start paying attention to your $1 coins!

A mix up at a mint in 2000 created a rare $1/10c hybrid – also called a mule coin – which is valued by rare coin collectors at thousands of times its face value.

The coin was made when a technician at the Royal Australian Mint accidentally paired the kangaroo-patterned ‘tails’ side of the coin with the ‘head’ of a 10c piece, explains the Australian Coin Collecting Blog.

This created a coin that is slightly thicker than a regular $1, gold, with a double rim around the Queen.

Learn to spot the rare ‘mule’ coin and cash in! (Credit: Australian Coin Collecting Blog)

Those keen on collecting the coin in the early 2000s withdrew tons of $1 coins from banks, and went hunting in casinos for change.

The majority of the coins wound up in Perth, and while the mule frenzy peaked around 2003/2004, the rare coin is still in circulation.

Double check your $1 coins from now on! You might just win a jackpot!

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