The $2 coin that has increased its value to $3,000 in five years – here’s what is so special about it
- A space-themed set of Australian coins has soared in price from $170 to $6k
- The 10-piece Planetary Coins Collection set from 2017 show each of the planets
- Coin guru Joel Kandiah said the $2 coin spiked in popularity since Queen’s death
- The $2 coin from the set is attracting prices up to $3,000 from online collectors
A $2 coin from a 2017 set of Australian coins is selling for up to $3,000 online as collectors scramble for the unique design.
The coins are part of the 10-piece Planetary Collection set from 2017 that show each of the planets, including the Sun and dwarf-planet Pluto.
The 10 coins range from one cent to $5 and were originally priced at $170 – but there is one coin that is driving the whole set up in value.
The coins (pictured) range from one cent to $5 but there is one that is driving the whole set up in value
The Mars-themed coin (pictured) is worth half the solar-system set’s asking price at $3,000
The Mars-themed coin is worth half the set’s asking price at $3,000.
Australian coin expert Joel Kandiah (pictured) said he has never seen anything like the popularity of the Mars $2 coin
Australian coin expert Joel Kandiah said demand for this coin has shot through the roof.
‘This is the big one – it is the most saleable $2 that’s out there and I’ve honestly never seen anything like it,’ he told 7News.
He said demand for $2 coins has been growing since 2020, when collectors were hunting for every single different version.
But the Mars $2 coin within the new set is the one that people are keenest to get their hands on.
Joel Kandiah said people started buying the entire sets (pictured) to get their hands on the Mars $2 collectors’ items
‘People started buying up the entire sets because it’s still relatively affordable. And that started pushing demand up for that coin specifically in a short space of time,’ the social media influencer said.
Halfway through last year the sets were selling between $1,800 to $2,000.
‘It’s purely down for people’s attraction to the $2 Mars coin. To see its value increase nearly 30-fold in five years is beyond ridiculous,’ Mr Kandiah said.
The 2012 Red Poppy and 2013 Purple coronation $2 coins are also spiking in value.
The demand for the $2 coins has shot up even more after the death of Queen Elizabeth II.
The coins in the box set were never intended to be used in circulation, so shoppers should not expect to find one as they pass through the cash registers.
Halfway through last year the sets (pictured) were selling between $1,800 to $2,000, now they are going for $6,000