11 hours ago
Rare $1 coin worth 10 times more due to ‘unfortunate' detail: 'Keep your eye out'
An 'unfortunate' detail on these $1 gold coins means they can be worth more than their face value. 'Spew roo' coins have an extra bit of metal on them that makes them look as though one of the kangaroos has thrown up.
Victorian coin collector Michael McCauley recently found one of the coins and said they usually sold for between $5 and $10. He said the error usually looked like the top roo had thrown up on the roo immediately below it.
'[It's] got an extra blob of metal underneath the mouth of the top kangaroo. It's an error and referred to as a 'spew roo' as though the kangaroo has had a spew,' he said.
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McCauley said the extra bit of metal was 'not supposed to be there' and was caused by an issue in the minting process.
The coins are caused by the propensity of the $1 die to break, which causes 'cuds' resembling an extra blob on the coin's surface.
McCauley said the value could depend on the condition of the coin, how big the error is and potentially also the date the coin was minted.
He said it was worth "keeping your eye out" for them.
'You can get them on pretty much any date, so it's worth going slow if you want to try and find something like that,' he said.
Other cud errors include the Backpack Roo, where the top kangaroo has an extra bit of metal across its back, and the Rabbit Ears, where the top kangaroo looks like it has 'floppy ears'.
Another $1 error coin worth looking out for is the 2015 coin, where the third kangaroo from the top has a missing leg underneath its belly.
McCauley said these were selling for between $2 and $10 if you found in to access your portfolio
