Check your pockets! A four-year-old dollar coin sells for more than $8,000.
The limited edition Donation Dollar was first released in September 2020, with a plan to mint 25 million over the next few years – one for every Australian.
The world’s first coin was designed as a reminder to give to those in need.
But those who are more selfish can profit from the soaring value of the currency.
Several 2020 donation dollars are listed on eBay for over $8000.
The Royal Australian Mint said the intention behind the coin was twofold: to promote charitable behaviour and to provide a tangible and accessible way for people to enjoy the benefit of donating a small amount more frequently.
Dr Andrew Leigh, Assistant Minister for Finance, Competition and Charities, said last year that the Donation Dollar is “helping to build a more reconnected Australia”.
“When we give to others, we experience the well-known ‘helper’s high’ – the joy that comes from helping others,” said Dr. Leigh.
The limited edition Donation Dollar (pictured) was first released in September 2020, with a plan to mint 25 million over the next few years – one for every Australian.
Several 2020 donation dollars are listed on eBay for over $8000.
Royal Australian Mint chief executive Leigh Gordon said a donation dollar had been minted for every Australian as a reminder of the importance of giving back.
“The Donation Dollar is an example of how innovation can inspire additional behavior and the importance that cash can inject into the community,” Gordon said.
‘The number of people who have been inspired to make a donation by coming across a Donation Dollar far exceeds the value of that dollar.’
Royal Australian Mint chief executive Leigh Gordon said a donation dollar had been minted for every Australian as a reminder of the importance of giving back.
It is estimated that there are currently about six million in circulation.
The coin is instantly recognizable by the words “Donate to Help Others” and a green center that is designed to wear away each time it is donated.
Since its launch, the Donation Dollar has generated an additional $55 million in incremental charitable donations, which will only increase in the years ahead.