Rare £ 2 coin would be worth £ 500 after a typo leaves the value out

A rare £ 2 coin with missing value was recently auctioned off and could now be worth over £ 500.

The first such coin to come to public attention was auctioned off in March for £ 500, with another coin being discovered and shared by Coin Hunter.

The 2014 World War I centenary two pound coins were produced with the design missing value. Coin Hunter experts say only two like this have been identified so far, hence the high auction price.

Sign up for Glasgow Live newsletters for more headlines straight to your inbox

Every year on royal coin publishes the mintage figures which would be the only official guide to the rarest coins in circulation.

Of course, the rarer a coin, the more valuable it is. However, the condition of the coin also has an impact on its auction price.

The organization Facebook page says: “About 5,720,000 coins were minted for circulation – it’s likely the bad heads were left in place when production moved from Trinity House 2014 to this coin, creating a number of unnamed coins.

“Check your coins that feature Lord Kitchener – if the front side doesn’t say ‘TWO BOOKS’ – you have an error which appears to be very rare.”

Coins with errors have been in the news lately, as recently a 20 pence coin sold for £ 56 due to a missing date after a 10-day auction on eBay that received 16 bids .

If you have some loose change lying around, it might be worth taking a closer look.

Comments are closed.