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Cryptocurrency News Articles

This ULTRA-RARE coin is selling for ten thousand times its original value - but can you spot the fault?

Jan 22, 2025 at 08:44 am

The 2016 coin has been listed on eBay and you won't believe how much it is going for.

This ULTRA-RARE coin is selling for ten thousand times its original value - but can you spot the fault?

A 2016 £1 coin is being sold on eBay for ten thousand times its original value - but can you spot the fault?

The coin, which is usually worth £1, has been listed on the online auction site for a whopping £10,000.

Anyone with loose change down the back of the sofa could be lucky enough to find the valuable item, which was minted a few years ago.

It has been listed for over 10,000 times its £1 value, leaving the lucky owner with an incredible opportunity.

The rare misprint, which shows Queen Elizabeth II on the back, has been described as a "collector's dream".

While most misprints are caught before coins are released to the general public, some can "slip through the net".

The incredible find shows the defect as the inner circle has not been set in place correctly.

Those thinking of putting in a bid will have to fork out an extra £3.30 for the delivery fees on top of the starting price.

Based in Swindon, any interested collector has the chance to make an offer or buy the item at the listed price.

The listing reads: "Mishapen £1 coin. 2016 New Shape coin. This is a rare mis printed coin. One in a million!

"A collectors dream coin to have as it is so very rare. Coins are sifted through to stop mis prints getting out but some slip through the net, which makes it so exciting when a coin like this surfaces."

The seller has included pictures of the coin alongside a comment it claims is from The Royal Mint.

It reads: "Hi we can't authenticate a coin without inspecting it here first, however, based on your picture, we are confident that this is not counterfeit.

"We produce around five billion coins each year, and will be striking 1.5bn new £1 coins in total.

"As you would expect, we have tight quality controls in place, however variances will always occur in a small number of coins, particularly in the striking process, due to the high volumes and speed of production."

If you are wondering whether your wallet has something valuable in store, then you will want to keep an eye out for the serial numbers.

There are a few ways you can go about selling a rare coin if you manage to bag one for yourself.

Online platforms like eBay, Facebook marketplace, or trading apps can be easy to use.

What are the most rare and valuable coins?

Disclaimer:info@kdj.com

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Other articles published on Feb 02, 2025