a day ago
Two 'old' UK pennies worth over £100,000 - how to spot them
Both of these coins are extremely rare making them highly sought-after
An expert has urged Brits to keep an eye out for two coins that combined could be worth a life-changing amount. These pre-decimal pennies, dated 1919 and 1933, might fetch more than £101,000 to collectors.
In both cases it is their rarity that makes these pieces so sought after. And while they are no longer in circulation, there is still a chance they could show up in an attic or old coin jar.
Speaking in a video uploaded to social media platform TikTok, an expert known online as the Coin Collecting Wizard explained what to look for.
He said: 'Who remembers these predecimal pennies? Check out these rare ones.'
Firstly he described what is known as the 1919 KN penny. The expert said: 'The 1919 KN penny is a rare and highly sought after coin among collectors and one to definitely keep an eye out for.'
Unlike most other penny coins of the era it features the initials 'KN' on its reverse side (tails side). This is because it was produced by the King's Norton Mint rather than the Royal Mint.
He continued: 'Struck at the King's Norton Mint, hence the KN Mint Mark below the date, it was part of a limited batch produced when the Royal Mint outsourced some coin production after World War One. While not all 1919 pennies are rare, the KN variety is much harder to find, especially in high grades.'
If you find this coin in great condition you could be able to sell it for more than £1,000. He said: 'In mint or uncirculated condition this penny can fetch well over £1,000 making it a valuable piece of British numismatic history.
'Its scarcity, historical context and distinctive mint mark all add to its appeal for collectors.' Next, he spoke about the infamous 1933 penny.
It is highly unlikely that you would find one in your change as it is thought only seven were ever made. This occurred because there was no requirement for new pennies in that year.
The coin features Britannia on its reverse and a depiction of George V on the obverse (head side). It could be worth an impressive £100,000 due to its rarity.
He said: 'The 1933 penny, yeah you are not going to find this one as only seven are known to exist but if you did then you are looking at over £100,000.'
