|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
New £1 coin error could be worth thousands after they entered circulation in August
Oct 07, 2024 at 04:58 pm
Three million of the “bee” £1 coins have made their way into tills and into our pockets since then. However, a version with an error was also entered into circulation
Three million of the “bee” £1 coins have hit tills since August, but a version with an error could be worth thousands.
TikTok user @coincollectingwizard highlighted the blunder in a video.
They said: “All new £1 coins are made with two metal rings.
"The outside is made from nickel brass while the inside is nickel-played brass alloy.
"But the rare £1 coin that has been found recently is all one colour.”
The £1 piece has been spotted by online coin enthusiasts after they entered circulation in August.
The coins are adorned with the iconic Kew Gardens design, which features 26 different types of British flowers, plants and bees.
The £1 piece was first introduced in 1983 to replace the £1 note.
It is made from two rings of metal, with the outer ring being composed of nickel brass and the inner ring being composed of nickel-plated brass alloy.
The coin is legal tender in the United Kingdom, the Channel Islands and the Isle of Man.
However, a version of the coin with an error was also entered into circulation.
The error is caused by the coin being struck only once, instead of twice.
This results in the coin being only one colour, instead of two.
Coin experts believe that the error coin could be worth thousands of pounds.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Rare American coin from 1776, the year of the Declaration of Independence, found in a TOFFEE TIN and sold for £25,000
- Oct 07, 2024 at 08:25 pm
- The Continental Dollar, made of pewter and measuring 38mm across, is believed to be one of only around 100 remaining from an original minting of approximately 6,000.
-
- Atlantic Salmon 50p coin featuring the King's portrait is the rarest in circulation, dethroning the Kew Gardens 50p from the top spot for the first time in 15 years
- Oct 07, 2024 at 08:25 pm
- Only 200,000 of these Atlantic Salmon 50ps have been distributed to UK banks and post offices, which is 10,000 less than the 2009 Kew Gardens coin