The $2 coin that has increased in value to $3,000 in five years: here’s what’s so special about it
- A set of Australian space-themed coins has jumped in price from $170 to $6k
- The 2017 10 Piece Planetary Coin Collection showcases each of the planets
- Coin guru Joel Kandiah said that the $2 coin has increased in popularity since Queen’s death.
- The $2 coin in the set is attracting prices of up to $3,000 from online collectors.
A $2 coin from a 2017 Australian coin set is selling for up to $3,000 online as collectors scramble for the unique design.
The coins are part of the 2017 Planetary Collection 10-piece set featuring each of the planets, including the Sun and the dwarf planet Pluto.
The 10 coins range from a penny to $5 and were originally priced at $170, but there is one coin that is driving the value of the entire setup.
The coins (pictured) range from a penny to $5, but there is one that is driving the value of the entire setup.
The Mars-themed coin (pictured) is worth half the retail price of the solar system set at $3,000
The Mars-themed coin is worth half the selling price of the set at $3,000.
Australian coin expert Joel Kandiah (pictured) said he had never seen anything like the popularity of the Mars $2 coin.
Australian coin expert Joel Kandiah said that the demand for this coin has skyrocketed.
“This is the big one, it’s the most sellable $2 out there and honestly I’ve never seen anything like it,” he said. 7News.
He said that the demand for $2 coins has been growing since 2020, when collectors were looking for each different version.
But the Mars $2 coin within the new set is the one people are most interested in getting their hands on.
Joel Kandiah said people started buying the complete sets (pictured) to get their hands on $2 Mars collectibles.
“People started buying the full games because it’s still relatively affordable. And that started driving demand for that coin specifically in a short space of time,” the social media influencer said.
In the middle of last year, the sets were selling for between $1,800 and $2,000.
“It’s purely because of people’s attraction to the $2 coin from Mars. To see its value increase almost 30-fold in five years is beyond ridiculous,” Kandiah said.
The 2012 Purple Coronation and 2012 Red Poppy $2 coins are also increasing in value.
The demand for the $2 coins has skyrocketed after the death of Queen Elizabeth II.
The coins in the box were never intended to be used in circulation, so shoppers shouldn’t expect to find one when passing the cash registers.
In the middle of last year, the games (pictured) were selling for between $1,800 and $2,000, now they are $6,000