The Royal Australian Mint’s Platinum Jubilee coin, worth $12.50 prior to the Queen’s passing, is now worth over $100 and is expected to continue to rise. Experts say it could reach around $300 soon. Imagine the vending machine somewhere out there with untold fortunes just sitting there waiting to be collected. And I don’t mean the original Milo bars.
The urgency for collectors to get their hands on the last coins issued under Queen Elizabeth II will only be rivalled by the need to acquire the first minted with King Charles III’s effigy.
The Queen has been the only monarch to have been featured on the Australian decimal currency and, since the first issue in 1966, has been updated just four times, the last change being made back in 2019. Queen Elizabeth has appeared on currency in 35 different countries during her reign, more than any other person in history.
So it looks like it may be worth holding on to those coins for now as collectors continue to grab as much memorabilia as they can get their hands on, and I don’t know about you, but I love the idea of giving someone 50 cents and getting $300 change. But hold on to those fivers, as The Reserve Bank has confirmed they will not be withdrawn any time soon.
Next year will see the introduction of coins with an effigy of King Charles III, but in keeping with a tradition dating back to the 1600s, the new king will be facing left. The tradition states that each new monarch must alternate the direction they gaze.
The most expensive Queen Elizabeth II coin was a commemorative coin minted in late 2023. This coin, minted to mark the one-year anniversary of the Queen's death, is worth $23 million. It's called "The Crown."
Originally Answered: How much is a 1998 non-magnetic two pence Elizabeth II coin worth? Two pence. One fiftieth of a pound sterling, or approximately one and a half US cents. It's not a rare coin, there were over 200 million 2p pieces struck in 1998.
Over the nearly 70 years Queen Elizabeth II has been featured on coins, there have been a total of five different coin portraits used by The Royal Mint bearing the Queen's effigy.
The very first coinage portrait of Queen Elizabeth II was created by Mary Gillick in 1953, and was used on coins in the United Kingdom and other countries until 1970.
In 1990 the Mint marked her 90th with another Crown with a reverse design by Leslie Durbin, this time denominated at Five Pounds (available in BUnc, silver proof and gold proof). The Queen Mum reached her 100th birthday in 2000, an occasion celebrated by a further £5, created by Ian Rank-Broadley.
Generally, the higher the grade, the higher the state of preservation, the more valuable the coin is. And the third variable that determines the value of a coin is demand. There are coins that are always in high demand, there are coins that are rarely in demand, and then there are coins that are cyclical.
Introduction: My name is Kelle Weber, I am a magnificent, enchanting, fair, joyous, light, determined, joyous person who loves writing and wants to share my knowledge and understanding with you.
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