2001 Centenary Of Federation 1 Dollar Coin Value
Introduction
The 2001 Centenary of Federation 1 dollar coin is a commemorative coin that was released by the Royal Australian Mint in 2001. It was minted to celebrate the 100th anniversary of the federation of Australia.
Design
The reverse side of the coin features a map of Australia divided into six segments, each representing a state or territory. The segments are surrounded by 25 dots symbolizing the federation of Australia in 1901. The obverse side features the effigy of Queen Elizabeth II, designed by Ian Rank-Broadley.
Composition and Specifications
The 2001 Centenary of Federation 1 dollar coin is composed of aluminum bronze and has a diameter of 25mm. It weighs 9g and has a thickness of 2.5mm. The edge of the coin is reeded.
Mintage
The Royal Australian Mint produced a total of 39,948,000 2001 Centenary of Federation 1 dollar coins. The coins were released into general circulation and are still in circulation today.
Value
The 2001 Centenary of Federation 1 dollar coin is worth face value, which is one dollar in Australia. However, due to its commemorative nature and limited mintage, the coin may be worth more to collectors. The value of the coin depends on its condition, rarity, and demand in the market.
Factors that Affect the Value of the Coin
The value of the 2001 Centenary of Federation 1 dollar coin is affected by several factors, including:
- Condition: Coins that are in excellent condition are worth more than those that are worn or damaged.
- Rarity: Coins with low mintage are more valuable than those with high mintage.
- Demand: Coins that are in high demand among collectors are worth more than those that are not.
- Authenticity: Coins that are certified by a reputable grading service are worth more than those that are not.
Where to Find the Coin
The 2001 Centenary of Federation 1 dollar coin can be found in circulation, but it may be difficult to find in excellent condition. The coin can also be purchased from coin dealers, online marketplaces, and auction houses. The price of the coin varies depending on the factors mentioned above.
Conclusion
The 2001 Centenary of Federation 1 dollar coin is a valuable and unique commemorative coin that celebrates the federation of Australia. While the coin is worth face value in Australia, it may be worth more to collectors due to its limited mintage and commemorative nature. The value of the coin depends on several factors, including its condition, rarity, and demand in the market.