Yahoo Finance Rare $1 coin surges in value as Bluey 'dollarbuck' crashes Australia Post website: 'Selling for $250'
Australian Post has been inundated by hopefuls trying to get their hands on the new collectable $1 Bluey dollarbucks coins.
New $1 Bluey dollarbucks coins have been released by Australia Post today and it’s sent coin collectors and fans into a frenzy. The sheer demand caused the Australia Post website to crash, with the coin being sold for as much as $250 on eBay.
Australia Post released the hotly anticipated coins through its online shop and outlets across the country today. But Bluey fans have complained they have been unable to access the online store and are receiving messages that the “website is currently unavailable”.
Meanwhile, Aussies have shared images of huge queues forming outside Australia Post outlets as fans rush to get their hands on the ten $1 collectable coins featuring Bluey, Bingo and their family and friends.
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“Due to overwhelming demand for the Bluey Dollarbucks collectables, our Online Shop is experiencing technical difficulties which we're working on getting back online shortly. We appreciate your patience,” Australia Post told customers online.
The 2024 Bluey dollbuck $1 coins can be purchased individually for $10 each or the full coin and folder set is available for $29.
Aussies can also get their hands on a special coloured Bluey coin, which will be randomly placed in one-in-ten coin sets.
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Aussies fume over coin release
Aussies have lashed out at Australia Post after being unable to access the online shop this morning, with some sharing they were also unable to get their hands on the coins in person.
“Technical difficulties?! Your website has not been working since before 8:30am … your website said no pre-orders yet I went to a post office this morning who opened before 9am and somehow he was sold out?!” one wrote.
“My post office sold out in a few mins… why only give them such little stock?” another added.
“Not enough stock at local post offices! First 2 people in line bought the lot at ours,” a third wrote.
Others shared their disappointment at the fact the coins were already being sold on eBay for much higher prices.
Coins sell for hundreds more
The price of the coins have already skyrocketed online, with an eBay search revealing the full 10 coin set has already sold for as much as $250. That’s more than eight times the recommended price of $29.
Other sellers are betting that people will be willing to fork out even more, with one listing the full set of coins for $599 and single coins for $20.
It’s worth noting that just because the coins are listed for this amount, doesn’t necessarily mean they are worth that much.
Coin expert Matthew Thompson of Thompson’s Coins and Collectables told Yahoo Finance the Australia Post Bluey coins had a much higher mintage than the coloured coins released earlier in the year.
"[The September release] are not coloured so not quite as rare or collectable. But, anytime there is Bluey involved, there's going to be a lot of demand,” he said.
How can I get the Bluey coins?
You can buy the new Bluey dollarbucks coins from your local Australia Post office and from the online shop from Monday, September 2. However, that will all depend on stock levels and whether or not you can get through to the website.
If you pay in cash at Australia Post, you might also be lucky enough to get one of the Bluey coins in your change. Till coins will be available until Sunday, September 29, or while stocks last.
An online ballot to buy the coins from the Mint closed at 8.30am Monday.
Australia Post executive general manager retail Josh Bannister said the new coin collection captured the playful charm of Bluey and its impact on Aussie culture.
“Whether you’re enchanted by Bluey’s adventures or someone who has enjoyed the show from its early days, these coins are a unique way for fans to connect with the characters they love and celebrate a show that has touched the hearts of families across Australia and beyond,” he said.
BBC Studios ANZ director of brands and licensing Kate O’Connor said the coins were a “celebration of the joy Bluey brings to families”.
"These new Bluey Dollarbuck coins are more than just currency; they're a playful slice of Aussie culture, perfect for fans young and old,” she said.
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