Posts Tagged ‘Error Coin’
Could this Bee a new error £1 coin?
2.975 million King Charles III Bee £1 coins entered circulation in August 2024. Since then, the race has been on to track down these new coins creating a buzz in the collecting world!
Many collectors have already been lucky enough to come across the Bee £1, but perhaps none so lucky as Diane Bath, who spotted a rare error on one of the coins…
The error coin causing a buzz
Diane runs The Post Office in Broughton-in-Furness, Cumbria, where she found a King Charles III Bee £1 struck in entirely one colour!
The image below shows the single metal coin, without the silver-coloured inner piece seen on standard United Kingdom £1 coins:
£1 coins are struck from a nickel-brass outer ring and an inner piece made from a nickel-plated brass alloy. It’s possible that this error coin was created due to the inner section not being punched out of the nickel-brass before the coin was struck. For confirmation of this, we’d suggest sending the error coin to The Royal Mint for verification.
Diane, a postmistress of over 20 years, told the press: “I am absolutely over the moon. Obviously we handle cash all the time and it’s the most exciting find I’ve ever had in over two decades.”
Worth a pretty penny
The coin was auctioned on 18th October by Ryedale Auctioneers, and whilst it had an estimated value of £500-£800, it actually sold for £1,250!
Image Credit: Ryedale Auctioneers
A similar error occurred when the first 12-sided £1 coins were released back in 2017, although only a small handful of these error coins were ever found. Reportedly, one such error coin sold for over £2,000 at auction!
Ultimately, the selling price of a rare error item like this at auction depends on how much a collector is willing to pay to get their hands on it. So remember, if you’re looking to secure an error coin on the secondary market, always do your research and be aware of fakes before you buy.
Have you spotted any errors on the new King Charles III coinage? Let us know in the comments below!
Secure the Complete Set of New UK Coinage!
Whilst the Bee £1 and Salmon 50p can now be found in your change, it could be years until all 8 coins can readily be found in circulation…
So don’t miss out! Own the complete set now, with each coin including a special privy mark to set them apart from the coins in your change!
Secure the complete collection for just £32.50 + (p&p) here >>
Can you spot the ‘major design error’ on The Gruffalo’s Child 50p?
I knew this 50p would hit the headlines, but I didn’t think it would be because of a major design ‘error’!
The brand new 50p released today celebrates the 20th anniversary of the best-selling children’s book – The Gruffalo’s Child. Following in the footsteps of the sell-out Gruffalo 50ps from 2019, the 2024 The Gruffalo’s Child is already proving incredibly popular with collectors.
But you might already have noticed something unusual is afoot with the coin’s design…
How many toes?
The coin’s design brings to life a pivotal moment in the story when the Gruffalo’s Child comes face to face with the cunning mouse. The mouse can be seen to the left, sporting a sneaky smirk and the Gruffalo’s Child waits anxiously on the right, Stick Man in hand.
Whilst I’m sure you’ll agree this new 50p is simply adorable, what you might not have realised is that the design includes a major ‘error‘…
If you look closely, you’ll see the Gruffalo’s Child is depicted with three toes on each foot. Interestingly, eagle-eyed collectors out there have noticed that this could be a potential error on the coin. That’s because the original illustrations from the book show the Gruffalo’s Child with four toes (or rather claws!) on each foot, as does the 2011 BBC film adaptation.
Although the coin design features an image taken from an illustration in the book, it seems that the book version shows the Gruffalo’s Child’s toes hidden in the snow, whereas they can be seen above the snow on the coin. And this is where the ‘error’ can be spotted.
You’ll also notice that although the footprints in the snow aren’t clearly defined in the original illustration, on the coin they clearly show just three toes on each of the Gruffalo’s Child’s footprints.
Whilst this could be due to the viewing angle where two toes might be hidden by the snow, there’s no doubt that the footprints only have three toes on each!
Previous design ‘error’
This isn’t the first time there’s been a design ‘error’ like this on a UK coin, as the 2021 H. G. Wells £2 featured a four-legged tripod, making it arguably one of the most controversial and talked about coin designs in recent years. The unusual design hit the headlines when collectors noticed the additional leg featuring on the Martian from Wells’ famed War of the Worlds when the coin was issued in the 2021 Annual Coin Set.
Could this make The Gruffalo’s Child 50p even more sought-after?
This isn’t technically an ‘error coin’, but could show an issue with the design if indeed The Gruffalo’s Child is missing two toes!
Something like this generally makes coins even more collectible and sought-after amongst collectors. It certainly makes for interesting collecting and, with press articles already popping up about the ‘major error’, this 50p is certainly one to watch…
Don’t miss out on the chance to own yours!
Secure the 2024 The Gruffalo’s Child 50p for your collection >>
The 20p coin that could make you a mint!
Have you ever noticed something particularly unusual about one of your coins? Perhaps a missing date, denomination or an error in the design?
Well, that’s what happened to one collector who noticed something unique about their 20p coin…
A ‘spectacular error’
The 20p in question was minted in 1990 for a British overseas territory, and was sold as part of a set. However, instead of having the usual cupro-nickel finish, it was struck on a copper-plated blank intended for a different country.
Credit: SWNS
Collector, Alun Barker saw this unusual coin listed on eBay in December 2017 and bought it for just £50. But he was pleasantly surprised when, just a month later in January 2018, the coin was confirmed as a genuine error by The Royal Mint, who issued a certificate of accreditation. They also confirmed it was the only known 20p in existence with with error, making it one of a kind!
Exceeding expectations at auction
Alun decided to have the coin valued by specialists, Tennants Auctioneers, who initially estimated it could fetch as much as £1,200 at auction. However, when he decided to part with the coin in August 2023, Alun was astonished to find out it had sold for a whopping £1,400!
Credit: tennants.co.uk
Not the first rare 20p error…
The ‘Bronze 20p’
In 2017, collector David Crosier found a 20p coin with an unusual finish, which he assumed to be bronze plated. He sent the coin to The Royal Mint to check, and after x-ray fluorescence spectrometry, they confirmed it was a genuine minting error.
Somehow, a 1p blank had made its way into the presses and a 20p was mistakenly struck onto it.
Find out more about this extremely rare error coin >>
The undated 20p
Considered by many as the ‘Holy Grail of change collecting’, the undated 20p is undoubtedly at the top of most serious collectors’ wish lists. In 2008, an unknown number of 20p coins were released into circulation without a date on either the obverse or reverse. This followed a die mix up after the new Royal Shield design was introduced.
The Royal Mint confirmed this was the first time in over 300 years that a coin had entered circulation without a date, making it extremely sought-after by collectors. They also confirmed that, whilst exact quantities are unknown, no more than 250,000 of these undated coins made it into circulation.
These coins have been listed on the secondary market with a value as high as £10m, however you should always check the sold listings on secondary market sites to see how much collectors are actually willing to pay for a coin.
Our latest eBay Tracker shows that the undated 20p is currently selling for around £52.
Find out more about the undated 20p >>