Check your change for three rare £1 coins worth hundreds – including one error piece

Daily Record

5 days ago

A coin collector has warned people to keep an eye on three rare £1 coins which are worth hundreds more than their face value – including one with an iconic error
Rummaging through your loose change might reveal some rare coins that could be worth hundreds, including the holy grail of 50p coins. Whether they date back centuries or feature a distinctive mistake on their surface, spotting the minor details is essential.
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If you're hoping to earn some additional cash, check whether you possess any of these scarce £1 coins. In a TikTok video, user @CoinCollectingWizard, who amassed 253,100 followers, highlighted three particular pieces that deserve attention. He then exclusively disclosed what steps to take should you discover one of these coins in your possession.
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The clip started: "Valuable £1 coins you need to look out for. The last one is unbelievable.
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"This is a new pound coin from 2016 and what you need to look for is a small floral symbol at the bottom left of the coin, just above the letter 'E'. If you find this then it's rare and only 9,850 were minted.
"Next is an old round pound coin from 2016 with the shield design, only 38,000 of these coins were minted making it rare and worth around £30 to collectors. Just remember the date needs to be 2016."
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He then outlined a 2016 £1 coin which requires a magnifying glass to spot this mistake.
The TikTok creator went on: "Some of the 2016 coins were minted with the wrong engraving of 2017 making this super rare and valuable to coin collectors.
"So check around the edge for the date 2017 and if you find this, it's been know to sell for £500."
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Since the clip appeared on TikTok, it garnered hundreds of likes and now the expert has provided additional information about these rare coins.
He also revealed to coin enthusiasts how they can get their hands on one.
"The first pound coin is usually in collector sets from The Royal Mint so would only be found in your change if someone broke open the pack and spent it which does happen," he exclusively revealed.
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He continued: "The second coin is an old round pound coin and many are still out there around people's homes. You can't find the old pounds in change anymore but it is very possible they have one lying around somewhere.
"The third error coin with micro engraving has been found a few times by collectors and are definitely out there to find."
The TikTok expert also suggested people make one blunder with the coin as he continued: "They don't normally find many due to the tiny micro engraving and needing a magnifying glass to see if it has the error.
"The last one sold for £550. If you were to find them then eBay is a great place to sell or take them to your local coin shop/antiques. There are also many Facebook coin groups that collectors are always on buying and selling."