Money

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!

http://www.ebay.com.au/itm/2000-Australian-1-dollar-MULE-error-coin-/272567508883?hash=item3f764a1f93:g:7YgAAOSwB-1YsAGX
http://www.ebay.com.au/itm/2000-1-10c-MULE-ONE-DOLLAR-RARE-AUSTRALIAN-ERROR-PCGS-GRADED-XF45-/272577166705?hash=item3f76dd7d71:g:sCsAAOSwTA9X2JN0
http://www.ebay.com.au/itm/2000-Australian-One-Dollar-Mule-Coin-error-coin-RARE-ghVF-/222427714221?hash=item33c9b992ad:g:o~IAAOSwCU1YuPZS
http://www.ebay.com.au/itm/Australian-One-Dollar-2000-MULE-1-10c-Very-Rare-Minting-Error-/302143281864?hash=item4659249ac8:g:D44AAOSwiDFYMOnB

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