People are being urged to check their change for a rare £2 coin which could be worth up to £100. A “major error” was spotted in the inscription around the edge of some of the coins.
The coin in question was minted in 2016 and features an image of the military on one side. However, the words printed on the outer rim are believed to be from an entirely different piece.
It seems that some coins have engraved the words “the whole city in terrible flames”. These were for coins commemorating the Great Fire of London, reports The Mirror.
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The correct inscription, however, should say “for king and country”. Switch Experts coin hunter said they found examples of the coin which they believe could fetch around £100 if sold.
The first Army £2 coin of 2016 showing the incorrect marking on the edge was recently found in a bag of bank change in North Ayrshire. It is unclear whether the error occurred in coins minted for circulation or those sold by the Royal Mint in collector’s packs.
A total of 9,550,000 coins of this design were minted for general circulation. Only 50,047 Brilliant Uncirculated coins were minted for the collectible packs.
Anyone with one of the coin packages should be able to see the edge of the coin without opening the package. The 2016 Army £2 coin was the third issue in the Royal Mint’s First World War Centenary five-year series.
The reverse of the coin was designed by Tim Sharp and shows the outline of a soldier’s face. Coins that were made with errors are called “error coins” and are extremely valuable to collectors.
That’s because they might be just one of a handful, or one of a kind – so they’re hard to find. People should always be wary and do some research before buying a part on eBay because there are fakes floating around.
Change expert websites and Facebook groups like Coin Hunter can help people figure out if a coin is the real deal or not. The Royal Mint will also check the coins.
However, anyone selling a piece should be aware that there is no guarantee as to how much they might fetch on eBay unless a reserve price is set.