They call them “Toss Coins.” The money the referee flips in the air to determine which team or player gets first choice. Then they auction that coin used. Prices can get crazy. The toss coin used for the India/Sri Lanka cricket championship last year sold for $100,000. (India won) Right now the coin used at the 100th Australian Open Mens’ Tennis Championship is listed on eBay. Bidding closes Jan.31.The coin used in the Australian Womens’ Open Championship is also for sale, but no bidders have yet emerged. The reserve price for that Australian $1 is a bargain at 99-cents. The amusing fact about the Cricket coin is they had to flip it twice. The stadium noise was so great the referee couldn’t hear the player’s first call.
Value of Aussie ‘Toss Coin’ Up In Air
January 27, 2012
$3.6m Expected For Australia’s First Banknote
May 7, 2013Australia’s first banknote, issued 100 years ago, is expected to realize $3.6m in a private sale at Coinworks in Melbourne. If it does, it will be the highest price ever paid for an Australian coin or banknote. The 10 shilling bill, hand-numbered M000001 and issued May 1, 1913, was discovered 12 years ago among the effects of Judith Denman, daughter of Lord Denman, Australia’s governor-general at the time of the currency’s issue. The historic banknote last sold at auction for $1.9m.
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Over $3m For Rare Nickel
April 26, 2013Few American coins are as rare as the 1913 Liberty Head Nickel that Heritage offered this week in Illinois. Even fewer have as colorful a history. Recovered from a fatal car crash and initially dismissed as a fake, the coin—one of only five known examples– languished in a box for four decades. Only after what Heritage called “a secret midnight meeting in Baltimore in 2003,” did its owners discover its true value. Yesterday they received more substantial confirmation when it sold for $3,172,500.
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Grand Price Expected For $1000 Bill
April 3, 2013There was so much sliver pouring out of Nevada in the 1890s, they printed $1000 and $10,000 bills to soak up the bullion. That ended and the $1000 notes are now so rare, the only one believed still in private hands goes to auction at Heritage later this month for an anticipated $2m.
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