One penny coin is 'rarest in UK history' and may be worth £72,000 if you have it
You might want to take a closer look at your loose change, as you could be unknowingly carrying a small fortune. Whether it's an unusual 20p piece with a flaw or a scarce 50p coin with only 200,000 in circulation, some coins are worth keeping a keen eye on.
If you've got a collection of rare coins, you may have come across this extraordinary one penny piece. Instagram user @CoinCollectingWizard, who boasts a following of over 30,100 coin enthusiasts, regularly shares hidden treasures to watch out for.
He recently highlighted the "British penny that could change your life overnight" – do you have it?
In his post, he mused: "Imagine finding a humble old penny in your change... only to discover it's worth a fortune."
He was referring to the legendary 1933 British penny – one of the rarest coins in UK history, reports the Mirror.
According to this avid collector, only six genuine examples are known to exist, and none of these would have been released into general circulation but were instead minted for ceremonial purposes.
"If you somehow stumbled across one, you could be looking at hundreds of thousands of pounds at auction," he added.
However, there's a catch. Due to their fame, there are far more counterfeits than real ones.
He warned: "Many replicas were made over the years, so before you start planning your dream holiday, always get your coin verified by a professional.
"The 1933 penny is the crown jewel of British coin collecting – but sadly, finding one in your change is like winning the lottery... twice."
This particular piece, the 1933 George V penny, is a collector's dream with experts valuing it at a cool £72,000. The scarcity of this coin stems from the fact that it was never meant for public use and thus never entered general circulation.
Some of these pennies are even more unusual, being "uniface" – meaning they have a design on only one side, leaving the other blank. Wondering how to spot a rare coin in your collection?
Start by checking the minting year, which can be a big indicator of its worth.
Additionally, keep an eye out for any anomalies such as errors, double strikes, incorrect metal composition or erroneous dates, as these quirks can greatly inflate the value of a coin.
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