eBay: Rare ‘misprinted’ £1 coin selling for staggering £15,000 – do YOURS have this error?

eBay is the place to head when it comes to buying and selling rare coins, with hundreds of these items listed on the site every day.

One of the latest coins to be listed in a rare £1 coin, claiming to have minting errors.

The coin was listed last might for a whopping £15,000, 15,000 times the coin’s intended £1 value.

Not giving much away, despite the high asking price, the seller listed the coin as a: “Rare Missprinted 1 pound coin” (sic).

The coin was listed by eBay user harryjbarnes, who is based in Burnley and has 100 per cent positive feedback.

In the item’s description, the seller reiterates the listing’s title, stating: “Rare missprinted pound coins” (sic).

While it is not made clear in the listing, it appears the listing is for two £1 coins, both with minting errors.

The coins have also been made available for a seven-day auction, with a sky-high starting price of £10,000.

No additional detail is given on the listing regarding the coins’ exact minting errors, but it could be that the Queen’s silver head bleeds onto the outer gold rim.

Minting errors are increasingly common with £1 coins after production rates dramatically increased after the introduction of the new 12-sided £1 coin.

The 12-sided £1 coin was minted in 2016, and designed to combat fraud due to two different coloured metals and a hologram underneath the Queen’s effigy.

According to the Royal Mint, many of the old one-colour £1 coins are fake.

The new £1 coin was designed by David Pearce, and features rose, leek, thistle and shamrock encircled by a coronet.

Half a billion of the new £1 coins were minted in 2016, with production rates increased in 2017.

Due to the faster rates of production, many coins were misprinted or featured minting defects, often selling for sky-high prices on eBay.

Proving that these ‘rare’, misprinted £1 coins do sell on eBay, a 2017 coin was sold on the site last month for £200. 

A slight decrease in price from £15,000, the coin was listed as a “very rare” £1 coin with minting errors.

The coin seemed to be your standard 2017 pound coin, but when looking closely an error could be spotted.

The coin was listed as a “£1 very rare 2017 circulated £1 one pound coin mint error missprint miss strike” (sic).

The description simple read: “Very rare 2017 error £1. Leaked egg.”

Daily Express :: Life and Style Feed

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