Rare £2 coin error could be worth a small fortune - how to spot the valuable coin in your change

A coin expert has been sharing videos on his TikTok page highlighting a special commemorative coin with an error on it.

A coin expert has been sharing videos on his TikTok page highlighting a special commemorative coin with an error on it.

The rare £2 coin in question is a 2014 print featuring Lord Kitchener, most known from the famous First World War recruitment posters.

The Royal Mint produced approximately 5,720,000 copies of these £2 coins to mark 100 years since the war started.

However, a certain misprint, known as a “mule error”, could bump the actual value of the coin up to £1,240.

The Coin Collector UK explained in one post: “One of these £2 coins sells for £1,240. So the one that you want to be looking out for in your change, is this one right here. This is the Lord Kitchener from 2014 and there's an extremely rare error to be found on this coin.

“So, the error that you want to be checking for when we flip the coin over to the Queen's head side, the obverse, you can see just at the bottom, it says the words ‘two pounds’. However, the Royal Mint mistakenly minted a number of these without the words ‘two pounds’ and this is called a mule error.”

In a more recent, pinned video on his page, which has had 2.1 million views so far, the expert is seen still on the hunt for the elusive coin.

The clip, entitled 'Another day hunting for the Lord Kitchener error worth £1,240', has him flipping through multiple bags of £2 coins.

In it, he finds coins featuring Shakespeare tragedies and histories, Guy Fawkes, the abolition of the slave trade and VE Day. Unfortunately there are no Lord Kitchener coins, let alone one with the sought-after error.

In another post from last year, the collector said that "only two" have so far been found.

One of the coin expert's 155,000 followers commented: "Do you lose money coin collecting cause technically you just buy more coins with coins that don’t have special worth and the ones that do have more worth make you money right?"

While another claimed their grandma unwittingly bought a very expensive drink: "I swear on everything my grandma had that coin and I told her it is rare but she didn’t believe me and she got thirsty and got a drink. After that I told her that it cost £1000."