Rare $2 coin could sell for thousands—do you have one in your pocket?

Collectors are always on the lookout for rare finds, especially when it comes to coins with unique errors.

Occasionally, a small mistake during production can turn an ordinary piece into a sought-after treasure—sometimes fetching thousands of dollars at auction.

One such coin has recently captured attention, featuring an unusual detail that sets it apart from the rest.


A rare $2 coin featuring a striking ‘bullseye’ error was expected to fetch up to $5,000 when it went under the hammer this week.

The error, which placed the coloured circle on the wrong side of the coin, had only been found on a ‘handful’ of pieces, according to Roxbury’s Auction House director Scott Waterman.

The $2 National Rugby League Premiership coin was originally released by the Royal Australian Mint and Anaconda in 2023, celebrating both the men’s and women’s NRL premierships.


image1.png
Rare $2 coin could fetch thousands at auction. Image source: Roxbury’s Auction House


Customers who made cash purchases in-store at Anaconda had the chance to find the limited-edition coins in their change.

Instead of the usual placement of green paint on the tail side, this particular coin had its colouration surrounding the image of Queen Elizabeth II.

Waterman said he had only ever come across one of these error coins and expected it to sell for more than its estimated value of $3,500 to $4,500.

‘This one I think will probably get close to $5,000. It’s in nice condition and a popular issue. It’s a lot of money for a $2 coin and someone found this,’ he shared.


He explained that collectors had become particularly interested in the so-called ‘bullseye’ error since the introduction of coloured $2 coins in 2012.

‘The coin is the wrong way around when it goes through the process of putting the colour on the tail side,’ he said.

‘Collectors love these because it’s depicting a bullseye over the Queen and it’s just a bit outrageous.’

The NRL coin was part of a major auction featuring more than 3,000 rare Australian and international coins and banknotes, with the entire collection valued at around $2.5 million.


Other notable pieces included the historic Holey Dollar and the rare 1930 Penny.

Among the collection was another ‘bullseye’ coin—a 2019 $2 Mr Squiggle piece celebrating the 60th anniversary of the beloved children’s TV show.

Waterman noted that while the Mr Squiggle error coin was still valuable, it was more common than the NRL version.

‘The Mr Squiggle are fairly common. When I say fairly common, there’s maybe 50 of them whereas some of them, there’s one or none,’ he said.

One of the Mr Squiggle error coins had already sold for $3,200.


In a previous story, another rare $2 coin made waves after turning up in Woolworths shoppers' change.

Some lucky locals unknowingly carried a small fortune in their pockets.

Check out how these coins could be worth up to $3,000.

Key Takeaways
  • A rare $2 NRL coin with a ‘bullseye’ error was expected to sell for up to $5,000 at auction.
  • The error placed the coloured circle around Queen Elizabeth II instead of on the tail side.
  • Roxbury’s Auction House director Scott Waterman said only a ‘handful’ of these coins existed.
  • A similar 2019 $2 Mr Squiggle error coin had already sold for $3,200.

With collectors willing to pay thousands for rare coin errors, would you double-check your change for a hidden treasure? Let us know your thoughts in the comments.
 
  • Like
Reactions: Kevin. A.

Seniors Discount Club

Sponsored content

Info
Loading data . . .
Buyer beware there are many counterfeit coins being put on to the market. The best way to keep ahead of the counterfeiters is to only buy coins which have been authenticated and verified as genuine.
 
Buyer beware there are many counterfeit coins being put on to the market. The best way to keep ahead of the counterfeiters is to only buy coins which have been authenticated and verified as genuine.
I have a handful of weird coins from foreign countries that look very similar to our $1 and $2 coins that I have received in change.

Try making a purchase with them. No go! But shopkeepers are more than willing to palm them off as change. :devilish:
 

Join the conversation

News, deals, games, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.

Seniors Discount Club

The SDC searches for the best deals, discounts, and bargains for Aussies over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, the club is all about helping you make your money go further.
  1. New members
  2. Jokes & fun
  3. Photography
  4. Nostalgia / Yesterday's Australia
  5. Food and Lifestyle
  6. Money Saving Hacks
  7. Offtopic / Everything else
  • We believe that retirement should be a time to relax and enjoy life, not worry about money. That's why we're here to help our members make the most of their retirement years. If you're over 60 and looking for ways to save money, connect with others, and have a laugh, we’d love to have you aboard.
  • Advertise with us

User Menu

Enjoyed Reading our Story?

  • Share this forum to your loved ones.
Change Weather Postcode×
Change Petrol Postcode×