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Cryptocurrency News Articles

Rare Misprinted "Mob of Roos" Silver Dollar Could Fetch Over $1,000

Mar 27, 2024 at 11:07 am

A rare "$1 Mob of Roos" coin from 2005, featuring misaligned kangaroos and the missing "AUST" on its reverse side, is estimated to be worth over $1000 due to its notable printing errors.

Rare Misprinted "Mob of Roos" Silver Dollar Could Fetch Over $1,000

Erroneous Silver Dollar from 2005 Could Fetch Over $1,000

A uniquely flawed "Mob of Roos" one-dollar coin, minted nearly two decades ago, has emerged as a lucrative collectible, potentially fetching over $1,000 in auctions.

This peculiar coin, part of a reported 5.8 million in circulation since 2005, bears distinctive deformities resulting from an unusual printing error. Notably, the "AUST" in Australia is absent from one face, while the heads of three kangaroos are truncated on the reverse, creating a crescent-shaped pattern.

The misprinting originated with the planchet, the plain metal disc on which coins are pressed. It was reportedly fed into the press approximately 2-3 centimeters off-center, causing the coin's unique appearance.

The misaligned collar die, responsible for imprinting the design, also resulted in a small tear-shaped chip on the portrait of the late Queen Elizabeth II.

Despite thorough quality control measures at the Royal Australian Mint, the coin somehow escaped detection and entered circulation. Today, it commands a substantial premium among coin collectors.

Goldsmith, silversmith, and renowned jewelry designer Stuart Devlin AO is credited with the design of the Mob of Roos coin, as well as coins for over 30 other countries.

Currently, one of these rare one-dollar coins is listed for $1,850 on eBay, illustrating the high value collectors place on this exceptional numismatic anomaly.

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Other articles published on Jan 11, 2025