Rare $1 coin could be worth thousands (2024)

Australians are being urged to check their pockets for a rare $1 coin that could be worth thousands of dollars.

Experts in coin collecting are urging Aussies to keep an eye out for a $1 coin minted in 2000 that contains a significant error made by the Royal Australian Mint.

The error could fetch the owner anywhere up to $3000 online, based on the coin’s condition.

Rare $1 coin could be worth thousands (1)

The rare coin has been minted with a “double rim” around its perimeter, while a regular $1 coin only has one rim.

The Australian Coin Collecting Blog is urging people to check their coins.

“Check the date. It needs to be a year 2000-dated $1 coin,” the blog reads.

“If your 2000-dated coin does have the double rim on the Queen’s head side then what you have is a $1/10c mule, a variety of the Australian dollar coin that’s worth well over face value.”

Rare $1 coin could be worth thousands (2)

“After spending 17 years in circulation, some coins are more valuable than others.”

The blog explains 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, which is usually used for the 10 cent coin.

The smaller size of the 10c coin resulted in the thick, double rim.

According to the blog, the error wasn’t spotted for at least three years.

“A coin’s value is ultimately determined by the price a buyer will pay and the price that a seller will accept,” the blog says.

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Rare $1 coin could be worth thousands (2024)

FAQs

Rare $1 coin could be worth thousands? ›

Some Sacagawea Dollars are known to have been struck on the wrong planchets, creating an off-metal transitional error and making them worth thousands. Similarly, certain Presidential Dollar coins with missing edge lettering or other errors can be worth a lot of money.

Are there any $1 coins that are worth a lot of money? ›

The Morgan Dollar (1878-1921):

The Morgan Silver Dollar is one of the most well-known and prized among all American coins. These big silver coins are prized for their worth, attractive design, flawless strike, and elegant appearance. Morgan Silver Dollars were struck between 1878 and 1904 and then again in 1921.

How to tell if a 1 dollar coin is rare? ›

One of the easiest ways to tell if a coin is rare is to check the date. If the coin is from before 1800, it's likely rare. Coins minted in the 19th century are also generally considered rare, with a few exceptions. Coins from the 20th century are less likely to be rare, but there are still some that meet the criteria.

What makes a 2000 Sacagawea coin valuable? ›

With the Sacagawea coin value, several factors come into play. The condition of the coin, its rarity or scarcity, any mint errors or variations, as well as demand from collectors all contribute to its overall worth. Collectors need to assess these elements before buying or selling these coins carefully.

What coin is worth over $1000000? ›

1943 Bronze Lincoln Penny. Now we're getting into some serious money. The 1943 Bronze Lincoln penny has gone for hundreds of thousands of dollars, but it could go for as much as $1 million in perfect shape, according to Urban Aunty — as long as it's missing a mint mark (and thus from Philadelphia).

How much can you sell a $1 coin for? ›

If you're talking about any of the $1 coins made for circulation since 1971 (Eisenhower, Anthony, Sacajawea, presidential, etc.) they're generally only worth a buck in circulated condition.

How much is 1776 to 1976 one dollar worth? ›

Price Guide
PrAgGVF
$1.05$1.05$1.05
1 more row

Are $2 bills worth anything? ›

If the $2 bill was minted and printed before 1976, it would likely be worth more than its face value on the collectibles market. In some cases, it might be worth only $2.25. The highest value is $4,500 or more for uncirculated notes from 1890, although most of those bills range in value from $550 to $2,500.

What are the errors in $1 coins? ›

Valuable $1 coins

It's not the only valuable $1 coin to keep an eye out for. A 2000 $1 coin featuring a “double rim” around its perimeter (instead of just one rim) can fetch as much as $3,000 online, based on the coin's condition. These error coins are known as a 'mule' coin.

How do I know how much my dollar coin is worth? ›

The value of a coin is based on its date, mintmark, mintage, and condition. Run an online search to identify what kind of coin you have, then contact a local coin dealer to assess your coin's value. Check recently sold eBay listings to see what people are paying for your coin type.

Is a Sacagawea Coin worth 100000? ›

The 2000-P Sacagawea Dollar Mule with State Quarter Obverse numbers fewer than 20 specimens and has hammered for over $100,000 at auction. Courtesy of PCGS TrueView. Click image to enlarge. In numismatic parlance, the term “mule” doesn't refer to a horse-donkey hybrid, as is well known in agrarian circles.

How do I know if my Sacagawea dollar is worth money? ›

As with any coin, the value of a Sacagawea Dollar depends on its condition and its rarity. Most of the coins you find will be worth about face value, though you can usually get a few cents more than $1 because they are so prized. But there are a few error varieties that fetch tens of thousands of dollars.

Are Kennedy half dollars worth anything? ›

The coin has been printed since 1964 in honor of Kennedy after his assassination. The Kennedy half dollar coin from pre-1975 is worth between $10 and $1,500+, depending on condition and rarity.

What is the most sought-after $1 coin? ›

Morgan Silver Dollars, minted between 1878 and 1921, are some of the most sought-after dollar coins.

Why is the 1976 Bicentennial Quarter worth so much? ›

Mint. But as Chronicle Collectibles noted, some of the bicentennial quarters were composed of 40% silver — an important distinction because the silver coins are rarer and therefore much more valuable. The coin's condition also plays a part in its value, with those in pristine condition commanding the highest prices.

What coin is worth 2 million dollars? ›

Bullion Shark, LLC

The 1894-S Barber Dime is one of the most storied and rare coins in American numismatics, often placed alongside the 1913 Liberty nickel and the 1804 silver dollar as one of the "Big Three" rarities.

What are good dollar coins worth? ›

GoodDollar Price Summaries

GoodDollar's price today is US$0.00003027, with a 24-hour trading volume of $38. G$ is -1.54% in the last 24 hours. It is currently -13.27% from its 7-day all-time high of $0.0000349, and 0.01% from its 7-day all-time low of $0.00003027. G$ has a max supply of 2,200 B G$.

Are president $1 coins worth anything? ›

As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors. From 2007 to 2016, the Mint issued four Presidential Dollar coins per year, according to its website.

How much is a 1972 dollar coin worth? ›

According to the NGC Price Guide, as of May 2024, a Eisenhower Dollar from 1972 S in circulated condition is worth between $10.50 and $11.75. However, on the open market 1972 S SILVER Silver Dollars in pristine, uncirculated condition sell for as much as $3000.

How much is a 1971 dollar coin worth? ›

The 1971 Eisenhower dollar is worth a wide range of prices, from $1 for a beat-up circulated example, to potentially $10,000 or more dollars for virtually flawless examples in the Superb Gem grade of MS67. Finer examples have yet to be certified.

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