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CHECK YOUR $1 COINS: Rare detail could make you $5,000

Eliza Bavin
·Personal Finance Editor
·1-min read
$1 coin with rare detail being highlighted. A hand holding many Australian $1 coins.
Does your $1 coin have this rare detail? (Source: Getty)

An Australian money expert TikToker has revealed how to tell if your $1 coin is worth as much as $5,000.

Sharing on TikTok, user TheHistoryOfMoney said there is a small detail that could separate your $1 coins from the others.

“This $1 coin could fetch you between $325 and $5,000. Here’s how to find it,” he said.

“Find a 2000 $1 coin and check the heads side. If there is a double rim on the heads side...you’re in the money.”

Screenshot of TikTok video showcasing rare detail on $1 coin.
If there is a double rim on the head side you could be in luck (Source: TikTok @thehistoryofmoney)

In the video, you can see the extra rim around the edge of the coin that could earn you a fortune.

TheHistoryOfMoney TikToker has made a name for himself on the platform for exposing the little-known details in Australian money that makes it rare.

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He has also exposed the details that could make your $5 note, $50 note and $100 note worth more than you’d think.

Check out the whole video below.

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