Latest news with #RedPoppy
Yahoo
25-04-2025
- Business
- Yahoo
Rare $2 coin worth $300 due to key difference: ‘Still out there'
A $2 coin can fetch you up to $300 thanks to one key detail. While they are very rare, one coin expert said there's still a chance you could find one in your change. In 2012, the Royal Australian Mint released two $2 coins to commemorate Remembrance Day. The $2 Gold Poppy coin was the uncoloured version with the iconic flower, while the $2 Red Poppy coin featured a vibrant coloured flower at the centre. Nova Coins owner Janelle Hulme told Yahoo Finance the $2 Red Poppy coins were the first coloured coins made by the Mint and were still extremely popular among collectors. RELATED Rare Aussie banknotes worth up to $19,500 ATO's $24,097 tax blow for every Aussie worker Centrelink's blunt warning over $1,200 'one-off' cost-of-living payment: 'Be mindful' 'There is interest in red poppies all the time,' she said. 'There's always interest. I can't keep them. If I put them up for sale, they sell instantly, they're very popular.' Hulme said the $2 Red Poppy coins usually sold for $300, but values could range from $250 to $350 depending on supply and demand. The Gold Poppy coins, in comparison, can go for between $40 and $60, but that's for ones that haven't been in circulation. Hulme noted the paint on the Red Poppy coins can come off, so it could be 'quite hard' to find a nice coin with all the paint intact. But even Red Poppy coins with the paint chipped off can be worth a decent amount. 'If you find a 2012 Red Poppy and the paint has completely come off it and there's no poppy there at all, they can go for $80 to $100,' Hulme told Yahoo Finance. Only 500,000 of the Red Poppy coins were minted, with the coins released to the public through the RSL Red Poppy Appeal. The Mint also created C Mintmark versions of the coins, which is where the Mint put a letter C on the coin for Canberra. Only 40,902 of the mintmark coins in the official folders were released. 'C mint $2 coins are worth more, they are the next level up from the standard strikes,' Hulme said. "They were going for about $800 to $1,000. I think they've dropped down to about the $600 mark." There were 5.8 million of the Gold Poppy coins minted. Hulme said she knew of lots of people who had found the $2 Red Poppy coins, with one customer finding one in his change from a bottleshop. But she said it was becoming harder to find them. 'I've been looking for a red poppy for ages,' she said. 'I know a lot of people that have found red poppies, but they are going through a lot of coins to find them. 'It's becoming rarer and rarer that people will find it but they're still out there.' The Mint also released a 10-year anniversary version of the $2 Red Poppy coin for collectors, which are currently worth around $ in to access your portfolio
Yahoo
27-01-2025
- Business
- Yahoo
Rare $2 coloured coins worth up to $500: ‘Go the distance'
Have you found a coloured $2 coin in your change? While not all of them will be rare and valuable, there are some that could be worth hundreds more than their face value. The 2012 Red Poppy coin was the first coloured circulating coin to be released by the Royal Australian Mint. Coin expert Matthew Thompson told Yahoo Finance the coin, which commemorates Remembrance Day, continued to be one of the most valuable coloured $2 coins you could find. 'At the moment, the standard issue ones are going for something around $200 to $300, which is a lot more than the original $10 issue price from the RSLs,' the director of Thompsons Coins and Collectables said. RELATED Rare $2 coloured coins for Australia Post customers who pay in cash: 'Really popular' Centrelink warning over $1,321 cash boost now available for thousands: 'Can add up' Surprising 'entry-level' FIFO job paying up to $80 per hour: 'Super easy to get' The $2 coin features a red poppy flower at its centre and was released in the lead-up to Remembrance Day through the RSL Red Poppy Appeal. Only half a million of the coins were minted, making them a rare find. The 2013 Queen's Coronation coin was the second coloured coin created by the Mint and is another valuable find. The purple-striped coin commemorates the 60th anniversary of the Coronation of Queen Elizabeth II and features St Edward's Crown in its centre. A million of the coins were produced, with the Queen's Coronation and the Red Poppy coins the lowest minted coloured circulating coins in Australian history. 'That one is around about that $50 to $100 mark,' Thompson told Yahoo Finance. 'But if you get, it's called the C Mintmark version, which is when the Mint put the little letter C on it for Canberra, that one is still selling for over $500.'While these coloured $2 coins could fetch you a tidy sum, not all coloured coins are worth much more than their face value. Thompson cautioned people into buying into 'hyped' coins to simply try and make a quick buck. Recently, the Mint and Australia Post released coloured $2 coins for the Australian Open and some of them skyrocketed in price online with rarer Privy Mark versions selling for as much as $155 a piece on eBay. 'I'm not sure how much longevity a theme like that has for collectors,' Thompson said. 'When you look at the $2 coin market, the ones that really go the distance are things like the Red Poppy Coin, which has that Anzac war theme, which resonates with a far broader audience.' Regardless of how much the coins are worth, Thompson said coin collecting could be a great hobby to get into and it could be worth holding onto any unique coins you find. 'Any coin that's out of the ordinary is worth holding on to if you're interested in them and particularly if you then take the time to learn a bit about the subject matter,' he said. 'If you get a 1996 $1 with Henry Parkes on it, maybe Google the guy and learn a bit about the father of Federation… but not so much in terms of it will make you astronomically rich overnight.'Sign in to access your portfolio
