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A New Rare £1 Coin With Minting ‘Error’ Has Been Discovered & It's Selling For a Fortune on eBay

A New Rare £1 Coin With Minting ‘Error’ Has Been Discovered & It's Selling For a Fortune on eBay

If you're the kind of person that double-checks your change to see if you can make a quick buck (pun completely intended) on finding rare ones, this is for you.

These people do exist as well - and people make a mint out of it (again, completely intended) - with some people setting up a business that turns over such a good profit that they manage to quit their jobs to sift through coins full time.

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Anyway, a new rare pound coin has been discovered and if you find one it could be worth around £205 ($290) to you. It's a coin that was made in error and they tend to go for big money on eBay and other marketplace sites.

This one in particular is a new pound coin that has been made using the blank from an old pound coin. They are very rare, very collectable and potentially worth several hundred quid. Get fishing around in your pockets right now.

If you haven't got one, don't be surprised. So far the website Change Checker (which does this kind of thing) has only found three of them - one of which was definitely sold for £205 on eBay by a seller from Burnham-on-Sea.

A £1 coin with this 'error' has sold for £205 on eBay. Credit: eBay
A £1 coin with this 'error' has sold for £205 on eBay. Credit: eBay

Another is due to go to auction at an auction house in London on 21 February 21 this year and is expected to attract quite a bit of attention.

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The website suggests that anyone who finds one of these send it to the Royal Mint Museum, who will verify any coins for you for free.

If you think your change might be worth more than the number it says on it, send it to: Dr Kevin Clancy, Director of the Museum, The Royal Mint Museum, Llantrisant, Pontyclun, CF72 8YT.

It's worth remembering that these coins are not definitely worth loads of money - they could sell for nothing, and also the Royal Mint have not yet confirmed whether they are even really made by them yet. They could be counterfeit.

Stranger things have happened, though. Last year a window cleaner found a pound coin that had two different dates printed on it and experts expected it to sell for about £3,000 ($4,250). We don't know how he got on in the end, but 'experts' aren't usually wrong are they?

So check your change people. It could be worth a fortune to you - and not just if you're one of those people who keeps it all in an oversized bottle and cashes it in for £20 every other year.

Featured Image Credit: PA

Topics: uk news, ebay, Royal mint, Money, Interesting, Finance, currency

Tom Wood

Tom Wood is a freelance journalist and LADbible contributor. He graduated from University of London with a BA in Philosophy before studying for a Masters in Journalism at the University of Salford. He has previously written for the M.E.N Group as well as working for several top professional sports clubs. Contact him on [email protected]

 

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