Have YOU got one? Rare new £1 coin found with different dates on it worth a small fortune
A WIDOW cleaner claims to have found an "extremely rare" new £1 coin which is dated 2016 - the year before it came into circulation. The coin was not introduced into circulation until March this year.Mr Bird, who turned to coin collecting after gaining a lot of coins during his rounds, admits spending hours raiding through change to spot a rare or special one.Mr Bird, of Hull, West Yorkshire, said: "This one is an error coin. It's a rare one from the Royal Mint where they have just made an error in the production of it. "I looked for information on it but couldn't find anything, apart from one mention on change-checker so I think there's only one other recorded one."The Royal Mint don't seem to have even realised they have made this mistake."Money collector website Change-checker reports rumours of the existence of coins with this genuine error by the Royal Mint in production.If it is confirmed, the website believes the rare engraving is the result of miss-matched 2016 and 2017 dies being used during production. Mr Bird says he is so passionate about collecting coins, his local bank has even stopped allowing him to take cash out in large sums of change due to his habit.He added: "I'm a window cleaner and get a reasonable Amount of change doing the job, and started getting into coin collecting."There were coins I saw pictures of, and thought I have that and it was worth money. Sometime now I will see someone with a 50p coin and say I'll give them £2 for it, and they're aghast."I started getting a lot of change, with work and asking for it with shops. I must have been getting £2,500 in change at times. "I started taking it more seriously and was then selling gold and silver.
"I had been getting so much change from the bank that they wouldn't let me have more. I was chasing ice cream vans to get more change."A spokesman for changechecker.org said: "We've heard a few reports of differing dates on either side of the new £1 coin."While we haven't seen any physical examples of these ourselves, it does seem to be a genuine minting error caused by using one 2016 dated die with a 2017 dated die."As for its value, it's always difficult to say without knowing how many have been struck in this way."However, a similar die error in 2008 that resulted in around 250,000 20p coins going into circulation without a date is currently worth between £50 and £75."A veteran coin expert has labelled the rare find as one which could fetch up to a cool £3,000 - but only if it gets verified by the Royal Mint itself.Analyst Ken Walker from Britain's largest coin catalogue site Coin Centre UK, said: "Before the coin is worth anything it would need to be sent to the Royal Mint for them to check it."If the coin has two different dates on, this is usually where another coin has been stuck in the dye, incused and raised. "That could be a major error if it was verified - meaning if it went up on eBay it could go for up to £3,000.""An error like that could be worth a lot of money if it is the case, but the price of the coin would only be nominal until then."Asked about the quantity the dodgy coin could fetch, he added: "People list coins for huge amounts - thousands - on eBay, but it is only the price that they sell for which actually matters."This style of selling coins for high value is common across coin collecting and I would urge Mr Birdsays to send the coin to the Royal Mint to be checked."Unfortunately, until it has pedigree after being verified it is not worth anything.". 00FastNews. New source of news.
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