A coin expert has revealed why you should pay more attention to your loose change, with some rare 5c, 20c and $1 coins worth up to $20,000.
A $1 coin recently was put up for auction at $4000, with similar coins – defined by small minting mistakes and known as a ‘mule’ – among the most sought after by collectors around the world.
Among his personal collection is a five-cent coin where both sides are heads – what he called a “striking error”. “Value-wise, it starts off at about $1000, depending on the quality – and it goes up to about $4000 for really nice ones.” “It’s very valuable. There are less than 10 that are known to exist, and they value anywhere between $15,000 and $20,000.”Only ten of these 20-cent coins are believed to be in circulation, and are worth between $15,000 and $20,000. Picture: The Morning ShowMr Jobson advised people hang onto any strange-looking loose change – which can be worth a little bit of money if you have multiple versions of the same coin.
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