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Check your wallets: Rare 20 cent coin could be worth $800

Jessica Yun
·2-min read
(Source: Getty, eBay)
(Source: Getty, eBay)

Grab your coin jar; a 20 cent coin with a very specific detail that could make that coin much more valuable than it looks.

On most Australian coins, the base of the ‘2’ of the 20 cent coin is completely straight.

But a handful of coins released in 1966 feature the base of the ‘2’ that is slightly curved – and it’s worth hundreds to serious collectors.

(Source: eBay)
(Source: eBay)

According to the Royal Australian Mint, the coins are “error coins” and the curve is a misprint.

It’s not certain how many of these were made, but one thing is for sure: they’re highly coveted by collectors.

“Due to the rarity of these coins, avid coin collectors are continually on the hunt in effort to add these valuable coins to their collections,” Royal Australian Mint told 7News.

Serious collectors are always on the hunt for rare finds: a rare $5 banknote from 1969 is worth an eye-watering $2,250 on collectors site M.R Roberts Wynyard Coins.

Meanwhile, a $1 coin that was wrongly minted with the obverse die for a 10 cent coin, known as a mule dollar, is worth as much as $5,000 on eBay.

And decades-old $2 and $10 notes with the word ‘specimen’ printed on them can go for $4,500.

The Mint has recently released a number of new banknotes and coins, with the newly released $100 note featuring commemorated Australians Sir John Monash and Dame Nellie Melba.

The Mint’s new $2 coin also honours the contributions made by those who fought in the 2019-20 bushfires.

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