Search

Placeholder Content Image

This $1 coin could get you thousands of dollars in return

<p>Australians could be hanging on to a $1 that could be worth thousands of dollars, and not even know it!</p> <p>A mother in Melbourne has posted on the Facebook group <a rel="noopener" href="https://www.facebook.com/melbournewithkidz/posts/3364153870285984" target="_blank" title="">Melbourne with Kidz </a>that she found a “mule” dollar coin from the year 2000.</p> <p>These coins were produced due to a technical error by the <a rel="noopener" href="https://www.facebook.com/RoyalAustralianMint/" target="_blank" title="www.facebook.com">Australian Mint </a>in Canberra twenty years ago.</p> <p><img style="width: 500px; height: 281.25px;" src="https://oversixtydev.blob.core.windows.net/media/7838803/sam-armytage-3.jpg" alt="" data-udi="umb://media/8d47c8539c5a4a4793cb1713be19d0e3" /></p> <p>Mule dollars are slightly thicker than a regular $1 coin in appearance and also have a double rum around the Queen’s head.</p> <p>“It’s a small number of the year 2000 $1 coins that had been minted using the incorrect obverse die (heads side) and released into circulation by mistake and only discovered a year or two later,” the mum wrote after doing some research.</p> <p>“With just a 1.4 millimetre difference in diameter between the 10 cent and $1 coin, you can clearly see a double rim circle going around the edges of the coin.”</p> <p>The<span> </span>Daily Mail<span> </span>reported that there are just 6000 coins that were minted incorrectly.</p> <p><img style="width: 500px; height: 281.25px;" src="https://oversixtydev.blob.core.windows.net/media/7838804/sam-armytage-2.jpg" alt="" data-udi="umb://media/3b10ff7bf936450f8ce57b5b74502c87" /></p> <p>A few of these coins have been placed on eBay at a value ranging from $700 to $5000.</p> <p>“Check your change and empty out the kids piggy bank! You could be sitting on a winner,” the mum said.</p>

Money & Banking

Placeholder Content Image

Why this rare $1 coin could have you pocketing thousands

<p>One minor mistake to a $1 coin could be worth thousands of dollars.</p> <p>The Royal Australian Mint made an error when making the “Mule Dollar” coins meaning small amount of $1 coins from the year 2000 were designed using the wrong print.</p> <p>The Mule dollar has a double rim around the edge while a standard regular $1 coin has just one. </p> <p>A Melbourne mum excitedly revealed the fun find on social media.</p> <p>“We found the famous MULE Dollar” she wrote in a post on Instagram, under the username @melbournewithkidz. </p> <blockquote style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" class="instagram-media" data-instgrm-captioned="" data-instgrm-permalink="https://www.instagram.com/p/B8h1QVzAhCo/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="12"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"></div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"></div> </div> </div> <div style="padding: 19% 0;"></div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"></div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <p style="margin: 8px 0 0 0; padding: 0 4px;"><a style="color: #000; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none; word-wrap: break-word;" rel="noopener" href="https://www.instagram.com/p/B8h1QVzAhCo/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank">We found the famous MULE Dollar. 🙌 What's a Mule dollar? It's a small number of the year 2000 $1 dollar coins that had been minted using the incorrect obverse die (heads side) and released into circulation by mistake and only discovered a year or two later. The Royal Australian Mint accidentally minted the coins using the smaller 10 cent obverse die (head side) by mistake. With just a 1.4 millimetre difference in diameter between the 10 cent and $1 coin you can clearly see a double rim circle going around the edges of the coin. These errors are worth anywhere from $500 to $3000! Check your change and empty out the kids piggy bank!!!!!!! You could be sitting on a winner! Let us know if you have found any interesting coins in your change. Disclaimer: for use of images or content please contact us contact@melbournewithkidz.com #australiancoins #coincollecting #rarecoins</a></p> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;">A post shared by <a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px;" rel="noopener" href="https://www.instagram.com/melbournewithkidz/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank"> Tanya / Melbourne With Kids</a> (@melbournewithkidz) on Feb 13, 2020 at 5:20pm PST</p> </div> </blockquote> <p>“Royal Australian Mint accidentally minted the coins using the smaller 10 cent obverse die (head side) by mistake.”</p> <p>How to spot a real Mule Dollar</p> <p>Mule dollars have a unique look and design, including its year make which can only be 2000.</p> <blockquote style="background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);" class="instagram-media" data-instgrm-permalink="https://www.instagram.com/p/BuLtwpTl54n/?utm_source=ig_embed&amp;utm_campaign=loading" data-instgrm-version="12"> <div style="padding: 16px;"> <div style="display: flex; flex-direction: row; align-items: center;"> <div style="background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;"></div> <div style="display: flex; flex-direction: column; flex-grow: 1; justify-content: center;"> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;"></div> <div style="background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;"></div> </div> </div> <div style="padding: 19% 0;"></div> <div style="display: block; height: 50px; margin: 0 auto 12px; width: 50px;"></div> <div style="padding-top: 8px;"> <div style="color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;">View this post on Instagram</div> </div> <p style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;"><a style="color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;" rel="noopener" href="https://www.instagram.com/p/BuLtwpTl54n/?utm_source=ig_embed&amp;utm_campaign=loading" target="_blank">A post shared by Drake Sterling Numismatics (@drakesterling)</a> on Feb 22, 2019 at 3:51am PST</p> </div> </blockquote> <p>For the rare coin to be legitimate it must also have a clear double rim around most or all of the heads side of the coin, about 0.5mm wide, according to<span> </span>Australian Coins.</p> <p>“With just a 1.4mm difference in diameter between the 10 cent and $1 coin you can clearly see a double rim circle going around the edges of the coin.”</p> <p>She said the coins are worth anywhere from $500 to $3000. </p> <p>One commenter left a handy tip to anyone who might find themselves in luck with a real mule dollar, and urged people NOT to wash the coin as it can result in its value decreasing dramatically.</p>

Money & Banking

Placeholder Content Image

Refreshing blueberry Moscow mule

<p>The weather is warming up – have a chilled afternoon with this sweet and punchy recipe.</p> <p><strong>Ingredients:</strong></p> <ul> <li>225g (1/2 cup) fresh blueberries</li> <li>110ml (1/4 cup) lime juice</li> <li>60ml vodka</li> <li>160ml (2/3 cups) ginger beer</li> <li>Blueberries, for garnish</li> <li>Lime wedges, for garnish</li> </ul> <p><strong>Method:</strong></p> <ol> <li>Divide blueberries and lime juice amongst two glasses and using a drink muddler, lightly mash blueberries.</li> <li>Fill each glass with crushed ice and equal amounts of the vodka. Top with ginger beer and garnish with additional blueberries and a lime wedge.</li> </ol>

Food & Wine

Placeholder Content Image

Australian $1 mule coin sold for over $2,000

<p>The Aussie $1 mule coin that is worth much more than what you may initially think. Thicker than standard coins, mule coins are being sold on eBay for more than $2,700.</p> <p>Created due to a technician’s error at the Royal Australian mint in Canberra, <a href="http://www.australian-coins.com/collecting-coins/which-australian-dollar-coin-is-worth-1000/" target="_blank"><span style="text-decoration: underline;"><strong>The Australian Coin Collection Blog</strong></span></a> have explained that the mule coins must bear the date of 2000, are thicker than usual and have a double rim on the Queen’s side of the coin.</p> <p>The Coin Collection Blog said, “The mule was made when a technician at the Mint in Canberra accidentally paired the mob of 'roos dollar reverse with the Queen's head obverse, normally used for the 10 cent piece.”</p> <p>The mule coins are being sold on eBay from anywhere between $400 to just over $2700.<br /> <br /> “The value of your rare coin will now depend on the condition after spending 17 years in circulation some coins are more valuable than others,” the blog said.</p> <p>Coin collectors say they first discovered the mule coins in 2003.</p> <p>The majority of the mule coins were sent to Perth so many local residents withdrew $1 coins from banks and casinos.</p> <p>The mule hunt has decreased as the coins have been circulated around the rest of Australia, however, there are still some to be found by those who can spot them.</p> <p>Do you own a mule coin? Let us know in the comments bellow. </p> <p><em>Image credit: The Australian Coin Collection Blog</em></p> <p><strong>Related links:</strong></p> <p><span style="text-decoration: underline;"><em><strong><a href="http://www.oversixty.com.au/finance/money-banking/2017/03/the-secret-to-finding-the-best-superannuation-fund/">The secret to finding the best superannuation fund</a></strong></em></span></p> <p><span style="text-decoration: underline;"><em><strong><a href="http://www.oversixty.com.au/finance/money-banking/2017/03/clever-trick-to-save-40-per-cent-on-flights/">Clever trick to save 40 per cent on flights</a></strong></em></span></p> <p><span style="text-decoration: underline;"><em><a href="http://www.oversixty.com.au/finance/money-banking/2017/03/stranger-buys-elderly-womans-groceries/"><strong>Kind stranger pays for elderly woman’s groceries</strong></a></em></span></p>

Money & Banking

Placeholder Content Image

Scam alert: could you be a drug mule and not know it?

<p>Are you about to jet off for an overseas trip of a lifetime? If so, you need to be aware of the travel scam targeting retirees.</p><p>Aussie holidaymakers over the age of 60 have become the unwitting targets of a new overseas travel scam.</p><p>The warning was issued by the Western Australian government after a Canadian national was sentenced to nine years in jail for being involved in an elaborate illicit drug scam. The 38-year-old was charged with trying to import methamphetamine with the intention of selling the illegal drug to the Australian public.</p><p><em><strong>Related link: <a href="/money-banking/money-banking/2014/06/top-tips-for-avoiding-scams.aspx" target="_blank">Learn how to avoid being scammed</a></strong></em></p><p>WA minister, Michael Keenan, says the government is making it harder for criminals to import drugs, which is leading them to more desperate acts. In this case, targeting our older Australians.</p><p>However, just to show how strong Aussie seniors are, a Perth couple aged in their 60s managed to thwart one drug delivery after returning from an overseas trip.</p><p>The couple had returned from a holiday they “won” in a web-based competition for a trip to Canada, which included seven nights’ accommodation and new luggage. What the couple didn’t know was that the luggage was stashed with illegal drugs hidden in secret compartments, ready to be picked up in Australia by local criminals or switched without the travellers realising.</p><p>The switched-on couple sensed something was amiss with the luggage and alerted airport authorities as soon as they touched down in Australia. Lucky they did because an estimated $7 million of methamphetamine was concealed inside.</p><p>“Criminals will exploit any opportunity to get drugs such as ice into our communities,” Mr Keenan explains. “Be alert to bogus offers and elaborate scams so you don’t wind up being unwitting drug mules.”</p><p>Scams often start out as an email that looks legitimate, but they may offer products or prizes that are just too good to be true. It’s always best to be cautious when receiving emails or phone calls from people or companies out of the blue. You never know what their intentions may be. &nbsp;</p><p>Head to <a href="http://www.scamwatch.gov.au" target="_blank">www.scamwatch.gov.au</a> for news and information on scams affecting Australians or contact Crime Stoppers on 1800 333 000 if you have any information on such scams or believe you’ve been a victim of one.</p>

Money & Banking

Our Partners

Over 60

© Copyright 2024 OverSixty.All Rights Reserved.