New Next Generation Australian $10 Banknote Release


Expect to see the next generation new $10 banknotes in your change from tomorrow as the Reserve Bank of Australia releases the new note into circulation. This is the next step in the upgrade of our banknotes to be continued through the next few years. As with the next generation $5 note introduced a year ago the new tenner will be quite similar in appearance as the old note but with enhanced security features, anti-counterfeiting improvements and additional tactile features for the vision impaired. The colours remain the same and the new notes still feature AB ‘Banjo’ Paterson and Dame Mary Gilmore.

Posted in Banknotes

eBay Error Coins of the Week


It’s time to have a look at some of the most interesting error coins available to Australian buyers via eBay auctions or BIN listings.

Australia 1964 Ramstrike Penny

The ramstrike or high lip coin error is a favourite among collectors. The error is a result of the coin blank not engaging properly with the collar die when struck and part of the blank is extruded as the blank is driven down into the anvil die by the hammer die. In this case, as the high lip is on the reverse of the coin the obverse was the anvil die and the reverse the hammer die.

If you’re looking for a high grade example of the ramstrike then the 1964M penny is probably going to be the easiest to find. The example in this auction has a decent sized bulging lip, is mostly toned brown, but still has a decent amount of remaining mint red and looks like it would be a good example of the type.

View the 1964M Ramstrike Penny on eBay

1946 Florin struck with Broken Die Error

There are broken dies and then there are broken dies. The 1946 florin in this auction was struck when the reverse die has cleanly broken into two parts with one segment shifting a millimetre or two away from the other. What’s more it appears that the broken part of the die has tilted slightly. The result is a massive reverse die crack and extensive strike weakness due to the broken part of the die tilting or moving when the coin was struck. A quite remarkable error and not one we’ve seen before.

View the 1946 Florin struck with Broken Die Error on eBay

Buyer Beware

We only found a couple of errors worth posting up this week but while we were looking about we saw a number of coins with multiple bids that were being sold as errors but were clearly NOT errors. We remind our readers to educate themselves with regards to the coin manufacturing process and to never bid on anything that they are unsure about. We also encourage you to read our These Coins ARE NOT Errors article as at least a couple of the “errors” we saw with multiple bids are excellent examples of fabricated errors we talk about in that article.

Disclaimer
Information provided in this article is our opinion only on the coin depicted in the images shown in the eBay listing. It is not an endorsement of any seller and any purchase our readers make through eBay is at their own risk and adheres to eBay’s terms and conditions.

Posted in Error Coins

Coloured 2017 Possum Magic $2 Coins In Circulation


Left: Week 1 blue Invisible Hush, Middle: Week 2 purple Vegemite Hush, Right: Week 3 orange Happy Hush (images courtesy ramint.gov.au)

Left: Week 1 blue Invisible Hush, Middle: Week 2 purple Vegemite Hush, Right: Week 3 orange Happy Hush (images courtesy ramint.gov.au)

All three coloured Possum Magic coins can now be found in circulation so it’s worth posting up an article with them side by side to see the differences in the designs and colours used. The collectable $2 coins all have a magical ring of multi-colour. It’s this colour that makes the coin most identifiable from a distance and when you’re glancing down at your change in your hand it can be hard to tell. Although the coloured “magical dust” ring is made up 5 different colours, one colour appears dominant when you look at the coins together. The first coin blue, then purple, and one orange.

The first blue coin is titled “Invisible Hush hangs from a tree”. It shows the backside of Hush hanging upside down with her tail curled around a tree branch, her head peering forward. Whilst the coin appears predominantly blue, the coloured ring is made up of dark blue, pale blue, green, pink and orange stars. The legends read “POSSUM MAGIC TWO DOLLARS”. The obverse is the standard head of Queen Elizabeth II we see on all coins dated 2017 by Ian Rank Broadley. 2 million of these coins have been sent into circulation, struck by the Royal Australian Mint and distributed via the security companies through Woolworths supermarkets.

The second purple coin is titled “After eating a Vegemite sandwhich Hush can see her tail again”. It shows invisible Hush holding a Vegemite sandwich with a bite taken looking back at her now visible tail. Whilst the coin appears predominantly purple, the coloured ring is made up of purple, dark pink, light pink, orange and pale blue stars. The legends read “POSSUM MAGIC TWO DOLLARS”. The obverse is the standard head of Queen Elizabeth II we see on all coins dated 2017 by Ian Rank Broadley. 2 million of these coins have been sent into circulation, struck by the Royal Australian Mint and distributed via the security companies through Woolworths supermarkets.

The third orange coin is titled “Happy Hush is visible again”. It shows a jubilant Hush as she is able to be seen again. Whilst the coin appears predominantly orange, the coloured ring is made up of orange, red, dark pink, yellow and pale blue stars. The legends read “POSSUM MAGIC TWO DOLLARS”. The obverse is the standard head of Queen Elizabeth II we see on all coins dated 2017 by Ian Rank Broadley. 2 million of these coins have been sent into circulation, struck by the Royal Australian Mint and distributed via the security companies through Woolworths supermarkets.

Posted in Coin News

Possum Magic Week 3 Coloured $2 Coin

image courtesy ramint.gov.au

image courtesy ramint.gov.au

Check your change at Woolworths this week as the last of the 3 Possum Magic coins are now available. There’s a chance you could receive any of the three coloured coins that are now in circulation. The week 3 coin is mostly orange coloured and depicts Happy Hush as she’s visible again from the popular Mem Fox children’s tale “Possum Magic”.

Week 2 and 3 coins appear similar in colour so if that confuses you look closely for the Vegemite sandwich -that’s a week 2 coin. The week 2 Vegemite sandwich Hush is a more purpley coloured coin and the Week 3 Happy Hush more orange.

All three new coloured 2 dollar coins have been minted by the Royal Australian Mint and are being distributed through the tills at Woolworths supermarkets. Most stores are adhering to store policy of “pot luck” change distribution so personally I’ve been purchasing a whole hand of bananas one at a time though the self-checkout (yes checkout staff, that’s exactly what I was doing) and I’ve received quite a few that way although it’s very random. Checkout staff may give you up to 2 coins in change when you make a purchase, again adhering to the policy set by Woolworths. Other staff have freely given as many coins as requested by the customer, handed over opened security bags and even unopened bags are now appearing for sale on sites such as eBay -that’s less in the tills for my random banana purchasing.

Have a read of our previous articles on Week 1 blue Invisible Hush and Week 2 purple Hush eats a Vegemite sandwich. You can also pick up these coins in a complete collection the 2017 Possum Magic coin collection.

Posted in Coin News

Possum Magic 2017 Coin Collection

The Royal Australian Mint has released a special coin collection distributing the coin set and coloured circulation coins through Woolworths supermarkets. The collection celebrates Australia’s most popular childrens book “Possum Magic” that has sold over 3 million copies since it was written in 1983. Written by Mem Fox, this enchanting tale is illustrated by Julie Vivas and it is Julie’s whimsical illustrations that adorn the reverses of three coloured circulation $2 coins, four one dollar coins and a special limited edition one cent piece. Each coin depicts Hush, an adorable possum in various stages of her magical journey across Australia eating special foods including Vegemite sandwiches and lamingtons.

The $2 coins are proving popular being released into circulation via your change at the supermarket over a 3 week period. A sellout at most Woolworths now you can still purchase the coin sets from the Mint in Canberra or your local coin dealer. The sets in a foldout collector card feature the circulation coloured 2 dollar coins, four commemorative $1 coins and special 1 cent piece.

Left: Week 1 blue Invisible Hush, Middle: Week 2 purple Vegemite Hush, Right: Week 3 pink Happy Hush (images courtesy ramint.gov.au)

Left: Week 1 blue Invisible Hush, Middle: Week 2 purple Vegemite Hush, Right: Week 3 orange Happy Hush (images courtesy ramint.gov.au)


Multi-coloured magic dust 2 dollar coins are included in this set and are also being sent into circulation. From left the first coin is predominantly blue and depicts Invisible Hush hanging from a tree. The middle coin predominantly purple shows Hush on her invisible journey, after eating a Vegemite sandwich she can see her tail again. Right is the predominantly orange coin with an elated happy Hush being visible again.
Possum Magic Dollar reverses (image courtesy ramint.gov.au)

Possum Magic Dollar reverses (image courtesy ramint.gov.au)


The commemorative dollar coins all depict Hush and Grandma Poss as illustrated by Julie Vivas. From left the first coin depicts Grandma Poss magically turning Hush invisible, the second racing across Australia in search of food to make Hush visible again, the third eating lamingtons as they are magical and a cure for invisibility and then far right Hush and the magical food that will help her stay visible forever.
2017 Possum Magic 1 Cent (image courtesy ramint.gov.au)

2017 Possum Magic 1 Cent (image courtesy ramint.gov.au)

The limited edition 1 cent is the first change to the one cent Australia has seen since it’s introduction in 1966 and then removal in 1992. Fittingly the design is still a possum but a change from the well-known Stuart Devlin design to the adorable Hush from the book Possum Magic illustration by Julie Vivas. The new 1c was designed especially for this set and is currently the only way to obtain the commemorative one cent.

Issue price for the set is $15. For a set with a face value of $10.01 that’s very good value!

image courtesy ramint.gov.au

image courtesy ramint.gov.au

Posted in Collecting Coins

Possum Magic Week 2 Coloured $2 Coin

image courtesy ramint.gov.au

image courtesy ramint.gov.au

Look out for the second coin in the 3 coin series of Possum Magic coins available from today at Woolworths. The purple and pink multi-coloured coin for week 2 depicts character Hush from the Mem Fox book Possum Magic. Here she is holding a vegemite sandwich looking back at her bushy feather-tailed glider tail -the coin titled “Hush can see her tail”.

The coins have been minted by the Royal Australian Mint and are being distributed into circulation by Woolworths and if you are lucky you might receive one or two in change. If you don’t receive a coin in change or use your card these days like most shoppers then you can still purchase the collection in a folder which includes the 3 $2 coins with colourful magical dust rings, 4 collectable dollar coins with Possum Magic reverses and a new design 1 cent piece. Stocks are limited so if you see that your store has a set, snap it up quick. $15 for a coin set of $10.01 face value is a good buy in my opinion. These are available at Woolworths, your local coin dealer and the Royal Australian Mint. They are not available if you do your Woolworths shopping online.

Did you miss week 1’s coin -have a read here. Also see the coin for Week 3.

image courtesy ramint.gov.au

image courtesy ramint.gov.au

image courtesy ramint.gov.au

image courtesy ramint.gov.au

Posted in Coin News

Possum Magic Coloured 2 Dollar Coins at Woolworths

australia-2-dollar-possum-coin-1-reverse

image courtesy ramint.gov.au

Partnering with the Royal Australian Mint, Woolworths (Safeway) are handing out in change the newest additions in the coloured $2 coins for collectors. Possum Magic is the popular children’s tale by Mem Fox and the theme for three coloured $2 coins being released into circulation over the coming weeks. The coin for this week is called “Sad and invisible Hush”, is predominantly blue and is pictured above. Make a purchase at your local supermarket and you might get one of these shiny new coloured coins in your change. Coin sets are also available from Woolworths, the Mint and your local friendly coin dealer which include the three coins (blue, red and pink), four specially designed dollar coins and a book-worm possum 1 cent piece. The 1c being a whimsical take on the feather tailed glider design not seen in circulation since 1992. This is the first commemorative 1 cent piece Australia has seen. These coin sets with a face value of $10.01 are surprisingly good value for issue price of $15. This is an exciting release with coloured $2 proving very popular with collectors.

See also the 2nd coin in this series and the last coin. Also available in sets.

Posted in Coin News

New Coins For Ford Enthusiasts And More Coloured 2 Dollar Coins On The Way

Every so often the Mints in Australia put forward their designs to Australian parliament for them to be approved before they can be made as legal tender. This is the case for collector coins and circulating coins. The 4th Royal Australian Mint currency determination for 2017 has been released and it gives us a first look at the ideas that the mint have about what they’ll release next.

If you thought 160 years of Holden was special well Ford fans hold onto your road service card hats. It looks like we’ll see a fleet of Ford themed coloured collector 50 cent coins celebrating the Australian classic Ford -the Model T, Model 40 utility, Mainline utility, XK Falcon, Cortina MK1, XR Falcon GT, XY Falcon GT-HO, XA Falcon, ZH Fairlane, XC Falcon Cobra and the XE Falcon ESP. A special uncoloured design featuring the Model T will also be released and called “Ford Australian Classics -The Manufacturing Era”.

Cars not your thing? How about trains then. The Canberra Mint are looking at releasing a coloured 50 cent celebrating the 75th birthday of the heritage icon the 3801 Steam Locomotive in 2018. The Jolly Green Giant is currently undergoing a major overhaul so one could expect an unveiling perhaps in 2018.

Remembrance Day will again be represented by another coloured $2 coin this release featuring a rosemary flower and rosemary wreath. A circulation coin will be complemented by a collector coin with a C mintmark. What colour will this $2 coin be?

Other issues in the pipeline include an Armistice Centenary dollar, 50 cent celebrating the 70th Anniversary of the Royal Wedding (Queen Elizabeth II and Prince Philip 20 November 1947), Gold Coast 2018 Commonwealth Games issues and $1 and $5 Battle of Beersheba: Change of the Light Horseman.

Posted in Coin News

eBay Error Coins of the Week

It’s time to have a look at some of the most interesting error coins available to Australian buyers via eBay auctions or BIN listings.

Australian 1966 Upset Coin Error

The upset 1966 London minted 10 cent is a particular favourite of ours. The result of a moving obverse die these errors are available in a variety of degrees of upset. The one in this eBay auction is upset by what appears to be a bit less than 270 degrees, which is very similar to one of the coins in our article about this interesting error. The upset 10c available in the eBay auction appears to be circulated, but it’s an error that shows up infrequently and with uncirculated examples worth quite a bit more might be a bargain for the collector looking for one for their collection.

1947 Great Britain Sixpence Struck on a Split Planchet

Coins struck on split planchets are among the scarcest of decimal errors. These are different from the much more common split planchet coins, in that they are split BEFORE the coin is struck, while split planchet coins split AFTER the coin is struck. They are rare enough that we’re aware of less than 10 extant examples in the Australian decimal series. As a consequence if you want one you’ll most likely have to look at a foreign coin. In this eBay auction we’ve got a 1947 British sixpence that was struck on a split planchet. It shows the tell-tale striations on the obverse and strike weakness on the reverse. It’s a decent example of this unusual type of error.

View the 1947 Sixpence on a Split Planchet Error on eBay

2001 Centenary of Federation Upset Full Clockface Set

The 2001 Centenary of Federation Upset Dollar Error is the best known of all Australian upset coin errors. They are reasonably common and at any one time there’s usually several on eBay. What’s not common is someone having the patience to put together of 12 of the coins whose amount of die upset represents each hour of the clock face. That is, 30 degrees as 1 o’clock, 60 degrees as 2 o’clock, and so on. This eBay item does represent that though, 11 upset COF dollars and one properly manufactured coin giving a full clock face of upsets. We know of a few other people who have searched many thousands of coins to put together one of these sets!

View the 2001 Upset Dollar Coin Set on eBay

Disclaimer
Information provided in this article is our opinion only on the coin depicted in the images shown in the eBay listing. It is not an endorsement of any seller and any purchase our readers make through eBay is at their own risk and adheres to eBay’s terms and conditions.

Posted in Error Coins

2016 50th Anniversary of Decimal Currency Commemorative Coins

2016 Mint Set. Top L-R 5c, 10c, 20c. Bottom L-R 50c, $1, $2 (image courtesy ramint.gov.au)

2016 Mint Set. Top L-R 5c, 10c, 20c. Bottom L-R 50c, $1, $2 (image courtesy ramint.gov.au)


Commemorating the changeover to decimal currency (in 1966) 50 years ago in 2016 all of our beloved coin designs were released into circulation with special obverses. Instead of a different design on the “tails” side of the coin we still see all the familiar animals that have adorned our coins since 1966. It’s the side depicting Queen Elizabeth II that has been changed to commemorate this 50 years. The effigy designed by Ian Rank-Broadley was greatly reduced allowing for a reminder of our pre-decimal coins to be added to the obverse. The 5 cent has an added halfpenny/penny kangaroo, the 10 cent the wheat sheaf of the threepence, the 20 cent an added Coat of Arms as seen on the sixpence, the 50 cent a shilling ram, $1 the florin Coat of Arms and the $2 a crown from the crown! There is also an addition to the legend reading “FIFTY YEARS”.

2016 Mint Set and Proof Sets Issued. Image from The Mint Issue 108 Feb 2016

2016 Mint Set and Proof Sets Issued. Image from The Mint Issue 108 Feb 2016

You can find all of these coins in your change as millions of these have been sent into circulation. With the exception being the dollar coin which is harder to find. Just 359,000* of this denomination was released. The Mint Set for 2016 also includes each of these commemorative coins. The Royal Australian Mint was also giving out empty folders during the Changoever Tour in 2016 for collectors to add their own coin finds in, with a push-in spot for each denomination.

Add your own coins RAM folder (image courtesy ramint.gov.au)

Add your own coins RAM folder (image courtesy ramint.gov.au)

*as per the 2015-16 Royal Australian Mint annual report.

Posted in Collecting Coins

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Current Coin Values, Bullion Prices and Exchange Rates

AUD $7.28
Australian 1966 Round 50c
AUD $382.87
Gold Sovereign
AUD $479.31
Australian $200 Gold Coin
AUD $21.31
Silver Price (per Oz)
AUD $1,626.33
Gold Price (per Oz)
USD $0.7975
Australian Dollar

 
These values are updated hourly using New York market prices. Coin values are purely the value of the gold or silver they contain and do not account for any numismatic value.
Prices Last Updated: 08:04 23 Sep 2017