What is the value of Australian 2 Dollar Coin 1988? Find out all about this collectible coin and its worth in today’s market.
Australian 2 Dollar Coin 1988 Value is a topic that has been subject to much interest and debate amongst numismatists and coin collectors alike. This coin was first minted in 1988 to commemorate the Australian bicentenary, and it holds significant historical and cultural value. The unique design of the coin featuring an aboriginal elder and a British monarch has caught the attention of many collectors, making it a highly sought-after piece. Moreover, the rarity of this coin has added to its allure, as it was only minted for one year. For those looking to expand their coin collection or invest in a valuable piece of Australian history, the 2 Dollar Coin 1988 is definitely worth exploring further.
Australian 2 Dollar Coin 1988 Value
Introduction
The Australian 2 dollar coin was first introduced in 1988 to replace the $2 banknote. It became the highest value coin in circulation in Australia at that time. The coin features the portrait of an Aboriginal man, Gwoya Jungarai, also known as One Pound Jimmy. This coin has become a collector’s item due to its unique design and limited mintage.
Design
The reverse side of the coin features an image of an Aboriginal elder, Gwoya Jungarai. He was a member of the Warlpiri people from the Tanami Desert region of central Australia. The design was created by Horst Hahne, an artist from Berlin, Germany, who won a competition held by the Royal Australian Mint to design the new coin.
Mintage
The Australian 2 dollar coin was first minted in 1988 and has been minted every year since. However, the 1988 coin is considered to be the most valuable because it was the first year of issue and has a lower mintage compared to subsequent years. Only 10 million coins were produced in 1988, making them very rare and highly sought after by collectors.
Composition
The Australian 2 dollar coin is made of two metals, an outer ring of copper-nickel and an inner core of aluminum-bronze. The coin has a diameter of 20.5 mm and a thickness of 2.8 mm. It weighs 6.6 grams.
Value
The value of an Australian 2 dollar coin from 1988 can vary depending on its condition and rarity. A coin in uncirculated condition can be worth up to $50, while a circulated coin may only be worth its face value of $2. The value of the coin is also influenced by the current market demand for it.
Collectibility
Due to its limited mintage and unique design, the 1988 Australian 2 dollar coin has become a highly collectible item. Collectors are willing to pay a premium price for coins in excellent condition. The value of the coin is expected to increase over time as its rarity increases.
Where to Find
The best place to find an Australian 2 dollar coin from 1988 is at a coin dealer or collector’s shop. Online auction sites such as eBay can also be a good source for finding the coin. It is important to purchase the coin from a reputable dealer to ensure its authenticity.
Caring for Your Coin
If you have a 1988 Australian 2 dollar coin, it is important to take proper care of it to maintain its value. Store the coin in a protective case or holder to prevent scratches and damage. Avoid touching the coin with your bare hands, as the oils from your skin can cause discoloration.
Conclusion
The 1988 Australian 2 dollar coin is a rare and valuable item that has become highly sought after by collectors. Its unique design and limited mintage make it a special item to add to any collection. If you have one of these coins, it is important to take proper care of it to maintain its value over time.
Introduction: The Australian 2 Dollar Coin 1988
The Australian 2 Dollar Coin 1988 is a special coin that was minted in celebration of the bicentenary of Australia. This coin is an important part of Australia’s numismatic history and is highly sought after by collectors around the world. It is a unique and beautiful coin that captures the essence of Australia’s culture and heritage.
Design of the coin
The Australian 2 Dollar Coin 1988 features a design that is both intricate and symbolic. On one side of the coin, we see an Aboriginal elder with the Southern Cross and native flora in the background. On the other side of the coin, we see an image of Captain Arthur Phillip, the first governor of New South Wales, alongside the words Australia 1788-1988. The design of this coin was created by renowned artist Horst Hahne and is considered to be one of the most beautiful designs in Australian coinage history.
What makes this coin so special?
There are several reasons why the Australian 2 Dollar Coin 1988 is so special. Firstly, it was minted in celebration of the bicentenary of Australia, making it an important symbol of Australia’s heritage and culture. Secondly, the design of the coin is incredibly intricate and beautiful, capturing the essence of Australia’s natural beauty and history. Finally, the rarity and value of the coin make it a highly sought-after item among collectors and investors alike.
Historical background of the coin
The Australian 2 Dollar Coin 1988 was minted in 1988 to commemorate the bicentenary of Australia. The coin was part of a series of coins that were produced to celebrate this historic occasion. The decision to produce a 2 dollar coin was made to replace the banknotes of the same denomination, which were found to have a short lifespan due to the high demand and frequent use.
Rarity of the coin
The Australian 2 Dollar Coin 1988 is considered to be a rare coin, as only a limited number were produced. This coin was only minted for a single year and has not been reissued since. The rarity of the coin makes it highly sought after by collectors and investors, driving up its value in the numismatic market.
Factors that affect the value of the coin
Several factors can affect the value of the Australian 2 Dollar Coin 1988. These include the condition of the coin, the rarity of the coin, and the demand for the coin among collectors and investors. Coins that are in pristine condition and have not been circulated are generally worth more than coins that have been used. Additionally, coins that are rare or highly sought after by collectors will command a higher price than more common coins.
Collecting the coin
If you are interested in collecting the Australian 2 Dollar Coin 1988, there are several things you should keep in mind. Firstly, you should research the coin and its history to gain a better understanding of its significance and value. Secondly, you should look for reputable dealers who specialize in numismatics to ensure that you are purchasing an authentic coin. Finally, you should consider the condition of the coin, as this can have a significant impact on its value.
Storage and care of the coin
If you own an Australian 2 Dollar Coin 1988, it is important to take good care of it to maintain its value. You should store the coin in a protective case or holder to prevent damage from scratches and other forms of wear and tear. Additionally, you should avoid handling the coin with your bare hands, as the oils and acids from your skin can cause damage to the surface of the coin.
Where to sell the coin
If you are interested in selling an Australian 2 Dollar Coin 1988, there are several options available to you. You can sell the coin to a reputable dealer who specializes in numismatics, or you can sell it through an online auction site such as eBay. It is important to do your research and find a reputable buyer to ensure that you are getting a fair price for your coin.
Should you invest in the coin?
Whether or not you should invest in an Australian 2 Dollar Coin 1988 depends on your personal financial goals and objectives. While this coin can be a valuable addition to any numismatic collection, it is important to remember that the value of the coin can fluctuate over time. Additionally, investing in coins requires a significant amount of research and expertise to ensure that you are making informed decisions about your investment portfolio.
In conclusion, the Australian 2 Dollar Coin 1988 is a special coin that holds great significance in Australia’s numismatic history. Its rarity, beauty, and historical background make it a highly sought-after item among collectors and investors around the world. Whether you are interested in collecting the coin or investing in it, it is important to do your research and work with reputable dealers to ensure that you are making informed decisions about your investment portfolio.
Once upon a time, the Australian 2 dollar coin of 1988 value was just another addition to the currency system. However, as time passed, it began to hold significant cultural and historical value that cannot be measured in terms of money.
From the perspective of a collector, the 1988 2 dollar coin holds immense value due to its rarity and unique design. Only 3.5 million coins were minted, making it a rare find for numismatists. The coin features an Aboriginal elder, with the Southern Cross and native grass trees in the background, symbolizing the rich history and culture of Australia’s indigenous people.
For Australians, this coin represents a significant moment in their country’s history. In 1988, Australia celebrated its bicentenary, marking 200 years since the arrival of the First Fleet. The 2 dollar coin was introduced to commemorate this occasion, and its design reflects the country’s diverse population and heritage.
Moreover, this coin has become a symbol of national pride and unity. It reminds Australians of their shared history, values, and aspirations. It serves as a reminder of the sacrifices made by the country’s forefathers to build a prosperous and inclusive society that embraces diversity and promotes equality.
In conclusion, the Australian 2 dollar coin of 1988 value holds more than just monetary worth. It is a representation of Australia’s identity, culture, and history. Whether you are a collector or an everyday citizen, this coin serves as a reminder of the country’s past, present, and future.
The Australian 2 Dollar Coin 1988 Value: A Summary
- The coin is rare, with only 3.5 million minted
- Its design reflects Australia’s diverse population and heritage
- The coin commemorates Australia’s bicentenary in 1988
- It represents national pride, unity, and shared history
- The coin holds immense cultural and historical value, beyond its monetary worth
Well, dear visitors, it’s been a fascinating journey exploring the Australian 2 Dollar Coin 1988 Value. We hope you’ve enjoyed learning about this impressive coin and its various features as much as we have. From its unique design to its rarity, there is no doubt that this coin is one of the most sought-after collectibles in Australia.
As we’ve discussed, the Australian 2 Dollar Coin 1988 Value is not just any ordinary coin; it holds significant historical and cultural value for the country. It was created to commemorate the 200th anniversary of the arrival of Captain Arthur Phillip and the First Fleet, marking the beginning of European settlement in Australia. The coin’s intricate design also reflects the country’s diverse flora and fauna, making it a true masterpiece in the world of numismatics.
Finally, if you are lucky enough to own one of these coins, we hope you’ve gained some insight into its worth and rarity. Whether you’re a seasoned collector or just starting out, the Australian 2 Dollar Coin 1988 Value is undoubtedly a valuable addition to any collection. We encourage you to keep an eye out for it and take good care of it, as its worth will only continue to rise with time.
Thank you for joining us on this journey through the world of Australian coins, and we hope to see you again soon for more exciting numismatic adventures!
People often ask about the value of Australian 2 Dollar Coin from 1988. Here are some common questions and answers:
- What is the value of an Australian 2 Dollar Coin from 1988?
- Is the 1988 2 Dollar Coin rare?
- What is special about the 1988 2 Dollar Coin?
- Where can I sell my 1988 2 Dollar Coin?
- Can I still use the 1988 2 Dollar Coin as legal tender?
The value of an Australian 2 Dollar Coin from 1988 varies depending on its condition and rarity. Generally, circulated coins are worth face value or slightly more, while uncirculated coins can fetch up to $10 or more.
Yes, the 1988 2 Dollar Coin is considered rare as it was only produced for circulation that year, and has since been replaced by a different design. However, the exact rarity of individual coins depends on factors such as mintage numbers and condition.
The 1988 2 Dollar Coin was issued to commemorate the bicentenary of Australia’s settlement in 1788. It features an Aboriginal elder and a British sailor, symbolizing the meeting of two cultures. Additionally, the coin was the first to be bi-metallic in Australia, with a copper-nickel center and an aluminum-bronze outer ring.
You can sell your 1988 2 Dollar Coin through a reputable coin dealer, online auction site, or private collector. However, it’s important to research the value of your coin and verify its authenticity before making a sale.
Yes, the 1988 2 Dollar Coin is still legal tender in Australia and can be used to make purchases. However, its rarity and collector value may make it more valuable as a collectible than as a means of payment.
