![]() ![]() If this theory is true, no one really knows the fate of the other 7,999 coins. ![]() Later the mint decided to produce its 5 cent coinage in steel with nickel and chromium plating, and all but one of the tombac 1944 coins were melted down. The 1944 Canadian mint report has been interpreted to say that in 1943, $400 in face value, or 8,000 5 cent pieces were produced on tombac planchets, dated 1944. There are two theories surrounding this coin:ġ. The 1944 tombac piece is identical to the 1942-43 tombac pieces with a weight of 4.55 gms and a specific gravity of 8.77. A substantial number of the new tombac 5 cent pieces were struck and the tombac alloy was continued with a new design, into 1943. In 1942, Canada, like the U.S., had a severe shortage of nickel caused by heavy usage during the war effort and was forced to change the composition of its nickel coinage ![]() Because of the rarity of these coins slipping through the Mint’s control processes, they command a price of up to $3,000 today.The 1944 Tombac 5-Cent (known examples: 1) In a break from coins linked specifically to the Royal Family, another corner of collecting rare currency is what is known as “double struck” coins, where the coin has been stamped twice. 2008 or 2009 Double Struck $2 Dollar Coins Image credit: You can expect to pay between $250 and $1,000 for this set today. 2019 “Effigies Over Time” 6-Coin Collector SetĪnother set of valuable coins linked to our late Monarch is the “Effigies Over Time” set, which includes all six Australian coins with different depictions of the Queen’s effigy as it evolved from 1953 to 2019. After the Queen’s death, these rare coins are now selling for between $70 o $100. Released last year to celebrate 70 years on the throne of Queen Elizabeth II, this coin was uncirculated and originally retailed for $12.50. “In the last week its value has shot up to $75 to $180,” Kandiah said. The 2013 Purple Coronation $2 coin has a slightly higher mintage of 995,000, but its value has also soared. With another relatively low mintage of 995,000 in circulation, these rare coins have also seen an absolutely crazy jump in interest following the Queen’s passing, with the two coins we’ve just mentioned enjoying a hefty combined price. The 2013 Purple Coronation 2-dollar coin was the very first time that the Royal Australian Mint released a coloured coin, with a distinct purple stripe on its surface. One of the other drivers of the increase in interest in coin collecting has been a Perth teacher by the name of Joel Kandiah, who has amassed a huge following of more than 125,000 followers on TikTok ( and 46,000 followers on Instagram ( As a self-confessed numismatist and coin-noodler, he’s been collecting coins for nearly three decades and has taken to the platforms to educate his followers on the intricacies of collecting coins and the most valuable coins to look out for. With the coronation of King Charles III set to take place in May this year and the updated currency that will come with his appointment, rare Australian coins depicting Queen Elizabeth II are expected to continue to rise in value, while the first coins depicting King Charles III will establish an entirely new collecting market. The coin-collecting market has been hot in recent years but has been supercharged following the passing of Queen Elizabeth II last September, with a number of coins from the Royal Australian Mint that celebrated her Coronation and Platinum Jubilee skyrocketing in value. However, that change takes on a whole new meaning when you consider that some of the best rare Australian coins in Australian history are actually both collectible and highly valuable. For most of us, the idea of carrying loose change in our pockets has moved from the handy by-product of a transaction that helps with parking to an annoyance that only drives incentive to pay by card. ![]()
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