While many of us think of spare change as just that, certain rare coins are highly sought after by collectors, and some can fetch eye-watering sums at auction
You should check your £2 coins now because they could be worth an incredible £1,000 if they have these very specific details.
While many of us think of spare change as just that, certain rare coins are highly sought after by collectors, and some can fetch eye-watering sums at auction. So, if you’re looking to cash in, it might be worth digging out your old coin collections and seeing if you’ve got any hidden treasures.
The value of coins isn’t just determined by their age but by their rarity and unique history. If you happen to have one of these elusive pieces, you could be sitting on a small goldmine. Here are four rare coins that could make you a lot richer than you think.
On TikTok, the coinseeker, said there are two errors with the technology £2 coin. They said the first error is if the entire coin is brass. Normally £2 coins only have brass in the outside colour and silver in the middle. The second error to look for is if there is a rotation error by 45 degrees because of the dye slipping in the minting process, which means the Queen’s head will be at the bottom where the date should be.
Earlier we reported how an expert also revealed that an unusual £2 coin from 1996 could be worth a staggering £1,000. The piece in question was created to celebrate the 10th UEFA European Championships and resembles a football. What makes it especially sought after is the fact it is made from 22 carat gold. Speaking on social media platform TikTok, a money expert known as the Coin Collecting Wizard urged his more than 200,000 followers to keep an eye out for its distinguishing features.
“£1,000 for this old £2 coin,” he said. “In 1996 to celebrate the 10th European Football Championship the Royal Mint released a very limited £2 gold proof coin struck in solid, 22 carat gold.” However, it is vital that you look for the gold version. He continued: “Now pay attention as the one that is worth a lot of money is the gold proof version.”
While the obverse side of the coin, which is more commonly known as the “heads” side, features the standard image of Queen Elizabeth II, the other side is what makes it special. It was designed to replicate a football, with the year imposed in its centre. The expert continued: “On the reverse design by John Mills it gives the impression of a football. An impression which has been accentuated by the unusual dish or bowl-like effect.
“The special year of 1996 is highlighted amid the familiar pattern of the ball. The artist’s initials are placed in the top panel. And there are 16 small rings to symbolise each of the teams who will compete in the finals.”
