A COIN expert has shared how he builds his collection with valuable money.
In a recent TikTok video, the influencer introduced his followers to a new game for coin collectors.
Eric Miller (@thecoinchannel) is an affiliate of the Professional Coin Grading Service and an influencer for those looking to make it big with little pieces of metal.
By playing a new game organized by PCGS, he got a surprise coin sent to him.
It was an Australian Kookaburra dollar coin, which could sell for up to $41 in US money, much more than the value of a dollar from down under.
The Australian dollar is currently worth about 67 cents, meaning the high-quality Kookaburra dollar could sell for 61x more than its normal value.
Rare coins
You may be holding something valuable in your wallet. Check out these articles on rare coins to see if you may have a treasure hidden deep in your pockets.
It’s named for the bird featured on one side of the coin.
The other side features the newly-crowned King Charles III of England.
British royalty is featured on many Australian coins, as the country is a member of the Commonwealth of Nations, an international group made up of former British colonies.
The value comes partly from its silver content and uncirculated quality.
PLAYING THE GAME
Miller got the coin from PCGS’ “ultra breaks” game, which can send you a surprise coin, similar to buying a pack of baseball cards.
By playing ultra breaks, you buy a package with a certified uncirculated coin inside.
Each package contains a low-mintage coin, meaning that the value will be higher than ordinary coins.
The game was introduced in September and packets sold out within seconds of going on sale, PCGS said.
Miller’s coin was part of a Down Under series of the game, which offered only Australian coins.
Packets sold for $160.
Each had a 1 in 10 chance of containing a gold coin.
However, 1 in 100 packets contains an “ultra infinity label,” marking some of PCGS’ most valuable coins.
Each series of the game has a limited number of packs and different odds.
Remember to gamble responsibly
A responsible gambler is someone who:
- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn’t gamble if they’re upset, angry, or depressed
If you or someone you know is struggling with gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling online.
COIN CRAZY
Miller has made a name for himself in coin collecting circles by creating videos sharing exciting coin finds.
He recently shared a $6,000 nickel that could be mistaken for an ordinary five-cent coin.
Experts with PCGS recently credited TikTokers like Miller for revitalizing the age-old hobby of coin collecting — officially called numismatics.
Others have found rare coin stories on the History Channel TV series Pawn Stars.
A father of five recently found an “insane” box of coins hidden in an attic.