A Perth-based TikToker and numismatist has revealed the tiny element on a uncommon 20c coin that may fetch eye-watering costs of as much as $4000.
Joel Kandiah, whose video has garnered greater than 46,000 views, has urged Aussies to “empty out (their) coin jars” and examine for one of many particular cash.
According to Mr Kandiah, who goes by @thehistoryofmoney on TikTok, the coin may be value between $250 and $4000 – a staggering 20,000 occasions its nominal worth.
“Find a 20c coin from 1966 and turn it over to the tails side,” Mr Kandiah stated.
“Look at the bottom of the number two – at the top of the base, if it’s wavy, you’re gonna be in the money.”
Around half of the Australian 20c cash made in 1966 had been struck by the Royal Mint in London the place one of many tails dies used was broken and touched up, ensuing within the distinctive “wave” sample on the quantity two.
The 1996 wavy baseline 20c remains to be probably the most wanted uncommon Australian 20c coin.
The cash are nonetheless in circulation, with one particular person commenting on the TikTok that they’d three of the uncommon cash.
Mr Kandiah additionally identified that cleansing a uncommon coin might reduce its worth to a collector.
Collectors are sometimes keen to pay hundreds of {dollars} greater than the nominal worth of a banknote or coin relying on components comparable to its date and situation.
The Australian 20c coin was first launched with decimal forex in 1966, with Stuart Devlin’s platypus design remaining unchanged till 1995.
It changed the florin, a coin value two shillings or a tenth of a pound.
The platypus continues to be the usual design for the reverse face aside from commemorative designs, whereas 4 completely different obverse face designs have featured on the coin.
Queen Elizabeth II, Raphael Maklouf (a British sculptor) and Jody Clark (a British engraver employed on the Royal Mint whose portrait of the Queen featured on Australian greenback cash) have all featured on the 20c coin.
Source: www.perthnow.com.au
