Australia’s rare $2 coin issued in 2015 to commemorate the Gallipoli landings is now worth 20 times its value
- Rare coin now worth $40
- A rare $2 coin commemorating the First World War battle
- Aussies urged to be on the lookout for the collectible
Australians could get more than their money’s worth with a $2 coin now worth 20 times its face value.
The rare coin, minted to celebrate 100 years since Australian troops landed at Gallipoli in 1915 during World War I, could now fetch up to $40.
The limited edition coin first released in 2015 is encrusted with symbols commemorating the sacrifice of Australian diggers.
A rare $2 coin celebrating the centenary of the ANZAC landings at Gallipoli in 1915 during World War I could fetch up to $40.
The words “Let’s not forget” are inscribed in the middle of the coin, adorned with a red circle representing poppies – the iconic flower dedicated to the memory of soldiers who fought in the two world wars.
Carvings of diggers adorn the outer rim of the coin, in remembrance of the men who served in battle on the Turkish shores.
Australians have been urged to keep the collector’s coin which Joel Kandiah, a self-proclaimed specialist coin researcher and collector, says will fetch a fair price if sold.
Kandiah, posted a video about the rare coin on his TikTok account thehistoryofmoney, to reveal its current value.
“If you find one, they’re between $20 and $40,” he said.
A researcher and coin enthusiast says the rare and striking coin could be worth between $20 and $40 if sold
The limited edition coin has a very modest mintage, with only 1.46 million versions made by the Royal Australian Mint.
By comparison, more than five million $2 coins currently in circulation have been printed by the Mint.
Several TikTok users commented on Mr Kandiah’s post, sharing their thoughts on the precious coin.
“I have 10,” wrote one.
“Love this piece,” said another.
“Still worth $2.00 (sic) in purchases alone,” another user wrote.
There are several other $2 coins that have been recently released that are priced well above their face value.
The $2 coin that features the image of a red poppy is worth $280.
Only 500,000 versions of the coin – minted in 2012 – were minted.
A similar coin encrusted with a gold poppy made the same year to commemorate Remembrance Day can fetch up to $30.
Several other coins that have recently been minted could fetch well above their face value, with a $2 coin depicting a red poppy being worth as much as $280.
Australian coins have gained international acclaim, with the mint winning two awards at the International Coin of the Year Awards earlier in August 2023.
The 2022 $2 Honey Bee Gold Coin and the Rich and Rare Beauty – $100 Great Barrier won the top gongs out of 500 coins worldwide.