Alternatively, you can take your coin to a coin dealer and ask them to value it for you. You can check the value by looking at how much other coins like yours have sold online on, for example, eBay. The higher up a coin ranks on the scarcity index, the harder it is to come by, and the more likely it is that a collector would pay good money for it. The Change Checker scarcity index can help you find out if your coin features a rare, collectible design. They also offer an authentication service, so you can be sure your coin is genuine. The Royal Mint website has information about all the coins they’ve ever produced, whether they were intended for circulation or not, that can help you track down your design. If you get a coin in your change that has a design or an error that you’ve not seen before, a good first step is to look it up online. What to do if you think you have a rare, valuable coin However, it’s important to recognise the difference between an imperfection on a coin, such as where the design isn’t as clearly stamped on the coin as you’d expect, and an error like an incorrect date or the wrong metal being used. So, even with strict quality measures in place, it’s not unthinkable that the odd error on a coin makes it out into circulation. The Royal Mint manufactures millions of coins each day. Two metals do, however, mean a greater possibility of errors being made.īack in 2017, a keen-eyed collector spotted that the £2 Standing on the Shoulders of Giants coin was made entirely of nickel-brass which, of course, was a mistake.ġ0,270,000 of this coin were released into circulation, however, only a few were made of nickel-brass – which experts believe make the coin worth more than £1,000. £2 coins are made up of two kinds of metal – the silver cupro-nickel disc in the centre, surrounded by a nickel-brass ring round the outside. An ultra-rare £2 coin worth more than £1,000 This mistake is what makes them valuable to collectors, with some being snapped up on eBay for £1700. Someone somewhere didn’t get the memo though, and a batch of 2p coins dated 1983 was accidentally minted with the old wording on. “New pence” is old wording that featured on 2p coins between 19 to help people adjust to decimalisation after it came into effect. These coins feature the wording “new pence” on their fronts when they should have said “two pence”. The rarest copper coins in circulation are reported to be from a batch of 2p coins that were minted in 1983 and feature a mistake.
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