2002 $1 Outback Coin Value

3 min read Jul 24, 2024
2002 $1 Outback Coin Value

2002 $1 Outback Coin Value

The 2002 $1 Outback coin is a unique and highly sought-after coin among collectors and enthusiasts. As part of the Royal Australian Mint's (RAM) program to commemorate Australia's rich cultural heritage, this coin celebrates the country's iconic Outback region.

Design and Specifications

The 2002 $1 Outback coin features a stunning design that showcases the vast, sun-baked landscapes of Australia's Outback. The coin's obverse side depicts the Queen Elizabeth II effigy, while the reverse side features an image of a desert landscape with a windmill, a symbol of the Outback's remote and rugged terrain. The coin is made from aluminum-bronze and has a weight of 9 grams, with a diameter of 25 millimeters.

Mintage and Rarity

The 2002 $1 Outback coin has a mintage of approximately 28 million coins, making it a relatively scarce coin compared to other circulating coins in Australia. The coin's rarity is further enhanced by its unique design, which has made it a highly sought-after item among collectors.

Value and Price

The value of the 2002 $1 Outback coin can vary depending on its condition, rarity, and demand. In general, uncirculated coins in excellent condition can fetch higher prices than those that are worn or circulated.

Here are some approximate values for the 2002 $1 Outback coin:

  • Uncirculated: AU$5-AU$10
  • Circulated: AU$2-AU$5
  • Proof: AU$10-AU$20

Collectibility and Investment

The 2002 $1 Outback coin is a great addition to any Australian coin collection, and its unique design and relatively low mintage make it a valuable investment opportunity. If you're considering adding this coin to your collection, it's essential to ensure that it's in good condition and has been stored properly to preserve its value.

In conclusion, the 2002 $1 Outback coin is a remarkable coin that celebrates Australia's iconic Outback region. Its unique design, relatively low mintage, and potential value make it a highly sought-after item among collectors and enthusiasts.

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