A NSW man has sold a 5c coin for $2000 — a decade after finding it in his childhood money box. The coin, which was taken into Adelaide coin shop The Purple Penny earlier this year, features a double obverse — the late Queen Elizabeth II’s effigy on both sides. Minted in 2007, its two heads are also 180 degrees rotated from each other, whereas on a normal coin the images on each face are the same way up.
“A person in Adelaide looks through hundreds ... they’ve looked through more than a million coins and never found one.” Money expert Joel Kandiah posted a video featuring the double-headed coin on his TikTok account thehistoryofmoney. He estimated it is worth $2000 to $5000. Kandiah also noted in 2000 a “mule” coin was released combining the $1 and 10c coins. It can now fetch from $300 up to $4000 depending on its quality.
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