Australian $1 mule coin sold for over $2,000
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.
Created due to a technician’s error at the Royal Australian mint in Canberra, The Australian Coin Collection Blog 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.
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.”
The mule coins are being sold on eBay from anywhere between $400 to just over $2700.
“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.
Coin collectors say they first discovered the mule coins in 2003.
The majority of the mule coins were sent to Perth so many local residents withdrew $1 coins from banks and casinos.
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.
Do you own a mule coin? Let us know in the comments bellow.
Image credit: The Australian Coin Collection Blog
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