A Rare £1 Coin Sells for Nearly £700 Due to Minting Error! 🤑
Attention all coin collectors and treasure hunters! A unique £1 coin from 2017 just fetched an astonishing £699.30 on eBay, nearly 700 times its face value. Why so valuable? This coin boasts a minting mistake known as a ‘double strike’ — meaning it was struck twice, resulting in Queen Elizabeth II’s head appearing twice on the obverse side!
Typically, a double-strike happens when a coin isn’t fully ejected from the minting machine, and then gets a second strike off-kilter — a rare gem in the world of coin collecting. The lucky buyer, after an intense bidding war with 30 bids placed, snagged this piece of numismatic history.
The pound coin has gone through many transformations since its introduction in 1983, with the 2017 redesign changing it to the 12-sided shape we’re familiar with today. But it’s quirky errors like this that keep collectors excited and always inspecting their spare change.
Would you check your loose change more often if you knew a treasure could be hiding in plain sight? Let us know if you’ve found any interesting coins, or start digging through those couch cushions. You never know what might be hiding there!
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