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Melbourne mum finds $1 coin worth $3k

Lucy Dean
·1-min read
Pictured: Child with precious 'mule dollar', Facebook text.
This type of $1 coin is worth thousands. Images: Melbourne with Kidsz (Facebook)

A Melbourne mum is counting her lucky stars after finding a $1 coin with a small error that means it could be worth thousands.

The $1 coin made in 2000 was minted using the incorrect obverse die for 10 cent coins before being released into circulation. These coins, dubbed Mule dollars, are notable for having two rings on the head side of the coin.

Mule dollars on eBay sell for $700 to $5,000 with only 6,000 of those coins minted, according to The Right Note.

Pictured: Melbourne with Kidz Facebook post about Mule dollar.
Image: Melbourne with Kidz

“We found the famous Mule dollar,” the mum shared in Facebook group Melbourne with Kidz.

“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!” the mum said.

Child's hand holding Mule Dollar.
Image: Melbourne with Kidz

However, one person queried whether she found it, or her kids.

“It's also finders keepers for the kids, very good nick for a 20-year-old dollar coin,” a fan of the page.

Smiing child with mule dollar.
Image: Melbourne with Kidz

“Kids have already claimed it!” the mum confirmed.

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