A £2 coin from 2014 could make you a significant amount of money – but only if it has a certain error. Here’s what you need to look out for when checking your change
A coin enthusiast has sparked a frenzy among collectors, urging them to dig through their pockets for a rare 2014 £2 coin that could be worth a whopping £1,240. It’s not just any £2 coin from 2014, it must have a certain mistake for it to cash in this high value.
A TikTok video from Coin Collector UK reveals that a misprinted version of the Lord Kitchener £2 coin released to mark 100 years since the start of the Great War, recently sold for a tidy sum at auction. Out of the 5,720,000 Lord Kitchener coins minted by The Royal Mint in 2014, only those with a “mule error” are fetching over 600 times the price of its street worth.
The TikToker advises: “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.”
To hit the jackpot, the coin must lack the inscription “two pounds” on the Queen Elizabeth II side – that’s the golden ticket for collectors.
He detailed a rare minting blunder, saying: “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.”
He pointed out that technically such a coin is “no value” as it lacks a denomination but added: “This is a very rare error and some error collectors will pay a lot for this coin. The average selling price seems to be around the £1,000 mark. One sold just a few months ago at auction for £1,240.”
He wrapped up with a tip: “So the next time you come across the Lord Kitchener (known from iconic WWI posters) £2 coin in your change, it’s definitely worth checking. If it doesn’t say the words ‘two pounds’ you could have a very rare coin worth a significant amount of money.”
