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GOBankingRates
GOBankingRates
Vance Cariaga

These Old Australian Coins Could Be Worth up to $1.3 Million

Ensup / Getty Images/iStockphoto

Because the first British settlement in Australia was a penal colony, there wasn’t much need for coins or currency. As The Perth Mint noted in a blog, authorities envisioned a “self-sufficient settlement” where convicts worked for free and everyone (including jailers) got food and supplies from the government store. Australia eventually adopted its own currency, and now some of its rare coins can make you very rich.

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