In the world of coin collecting, certain pieces stand out as hidden treasures, and the 1968 2-cent Australian coin – worth a whopping $495 today – is undoubtedly one of them.
Discover the story of the rare 1968 2-cent Australian coin, a hidden gem with an intriguing history and a price tag that’s been growing since 2013.
With a mintage of just 16,995,000, it’s the second lowest mintage issued 2-cent coin and is considered the key to the 1966-91 2c series.While most examples have naturally circulated and lost their original shine, a few have been preserved in pristine condition.Among the well-preserved specimens, a select few have been graded by leading independent third-party coin verifiers, Professional Coin Grading Service , at MS66, the equivalent of Gem Uncirculated condition.
Its reverse featured a frill-necked lizard designed by Stuart Devlin, a renowned coin designer. Notably, Mr Devlin’s initials, “SD,” were meant to appear under the lizard’s belly on these coins.On an unknown number of 1968 2c coins, the famous designer’s initials, “SD,” are missing.This unusual occurrence also extends to some 1967 and 1981 issues, making it a puzzling anomaly in Australian coin history.
The value of these 2-cent coins has steadily increased over the years, driven by collector demand and the uniqueness of the “SD” missing varieties.Officials are trying to contact a person who purchased the winning ticket while a group of 20 takes home the other $20m.Academics have figured out what makes Australia’s ‘ideal main street’, but one thing Aussies say is essential is rapidly vanishing from towns nationwide.
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