You might be sitting on a small fortune with this ‘super rare’ and valuable coin that could be worth an eye-watering £4,000. But there’s something specific that makes it desirable
People might not realise they’re sitting on a fortune when checking their rare coin collection. How about the one penny which is the “rarest in UK history” or a ‘super rare’ UK piece worth £4,000, finding either of these can bag you a fortune.
Now there’s another design to keep your eyes on, which is also worth around the £4,000 mark. In the past, we’ve looked at change from this era that could hold a huge value, but did you know coins from the 1930s are also desirable among collectors? Take this 1934 Full Crown which is ‘super rare and valuable’ that could essentially earn you some extra cash.
Popular Instagram account @CoinCollectingWizard, who boasts 30,800 followers, recently discussed the Wreath Crowns and revealed how they got their name.
He said: “The 1934 Full Crown coin is super rare and valuable, let’s find out how much this is worth.
“Wreath Crowns get its name from their distinctive reverse design.
“These highly collectible silver coins were produced in limited numbers between 1927 and 1936 as holiday gifts to important clients of the Bank of England, leading to their other common name the Christmas Crowns.
“The initials of Australian sculptor and medalist Bertram McKennel appear on King George V that graces the obverse of the 1934 Crown.”
Speaking about the 1934 Crown coins, these were struck with 50% silver as was typical of British coins in this period.
Only 932 silver coins were struck by the Royal Mint in that year, making the 1934 Wreath Crowns by far the lowest mintage issue of the series.
Discussing the special detail you must find, he concluded: “If you are lucky enough to have this coin in great condition, then you are looking at around £4,000 today.”
This Wreath Crown design by Kruger Gray was incredibly admired at the time.
So why is it so valuable?
Coins are desirable among people for a variety of reasons, including rarity, condition, visual appeal and, of course, the size of their collector base.
In this case, just 932 coins were produced which means it’s extremely rare to find one, but don’t let that put you off…
The purpose of these coins were also for a limited edition Christmas gift for Bank of England customers.
Its scarcity, combined with its attractive design and status, is what also drives its high value.
Think you own one of these coins?
With anything you think is desirable, it’s always important to get a second opinion to have it valued. Then it’s completely up to you what you want to do with the coin.
At this point, you can either sell it at auction or eBay, otherwise it’s also good to hold onto it.