[Archived] 20p Pieces Worth £50+

[Presty On Tour]

Quote:

A batch of 20p coins accidentally issued with no date on them could be worth £50 each, say coin collectors.

Tens of thousands of the coins have been produced in error by the Royal Mint at Llantrisant, near Cardiff.

They are said to be the first undated British coins to enter circulation for more than 300 years.

The Royal Mint said the issue had been resolved but wanted to reassure the public that the faulty 20p coins were still legal tender.

But with experts saying the coins could be worth up to £50 each, anyone finding an undated 20p may be reluctant to put it towards a loaf of bread.

The date on the new 20p was moved from the 'tails' to the 'heads' side when the country's coins were redesigned last year.

The coins without a date were created by accidentally pairing up the new 'tails' side with the old 'heads' - meaning no date appeared at all.

Legal tender

A batch of somewhere between 50,000 and 200,000 of the coins are thought to have entered circulation.

A Royal Mint spokesperson said: "The Royal Mint can confirm that a small number of new design 20 pence coins have been incorrectly struck using the obverse from the previous design, resulting in these coins having no date.

"The issue has now been resolved and the Royal Mint would like to reassure members of the public that these coins are legal tender."

Official Link

Keep your eye on the coin :!:

Edit: Just checked ebay and they are going for over £200 bucks on there!

[Presty On Tour]

WTF £5800!!

[RIML]

WTF £5800!!

Some people have more money than sense, that is so stupid and people thought i was mad buying a mountain bike for £1399

[Rover down South]

See the tricksters are on ebay now, trying to sell 20p coins with no date on the queens head side, then in small font "but it says 2005 on the other side, not sure if its worth anything or not"

Hmmmmm

[American]

Owe you a drink, Presty!

[Presty On Tour]

What's happened American?

[American]

Found one in my change stash (used to be a mug, but was transferred to a bag when we moved last week).

[Presty On Tour]

Nice one pal, congratulations!

If I had one, I know I would sell it and most probably on ebay. They are going for huge fee's right now but thoughts are will it raise more in value or decline over a period of time.

[matt65]

Found one myself,stuck now as to sell it or keep hold.

[dazmaz]

id keep it myself. wont be long untill the become really valueble (sp?)

the people who are actually buying them on ebay (the real one/s) will be collectors

[dave birch]

If there are lots in circulation, the only ones making money will be those selling now.

Collectors will have noted the numbers released.

[dazmaz]

apparently theres 200k

[American]

If there are lots in circulation, the only ones making money will be those selling now.

Collectors will have noted the numbers released.

Agree with this 200k is a lot to have been released.

[Blue n White Rover]

Got one myself today , I'll be putting it on eBay, trying to get as much as I can for it. They're roughly going for around £1000 so i'd be more than happy if I got that.

Fingers crossed!

[American Rover12]

That's fantastic. Best of luck selling them to our members who have them.

[Anti-Dingle-Brigade]

Good luck with that. Had a look through my pennies and no joy. I was surprised to find I had £55.11 in small change, so that softened the blow a bit.

[LeftWinger]

I found one. I've been going to the vending machines at work and putting 20p in and then asking for a refund. It gives you a different one everytime until you've been through them all in the machine. It took 10 minutes and now I should be about £200 richer thanks to ebay. I'm going to keep doing it every few days to see if anyone has put one in. We have a lot of Eastern European workers who I don't think realise what they are worth.

[dave birch]

With all due respects, if you pay more than a couple of quid for these, then you'll not see any profit for years, and years, and years.........

[Hughesy]

Maybe not but if you get one and stick it on ebay - you will get at least £200 for it! Iv seen some go for close to £400.

[LeftWinger]

Also - aren't the royal mint offering £50 for them back. So they are worth a guaranteed £50 whatever happens. £200 seems the going rate at the moment, I certainly wouldn't pay that though and I'm selling now because I don't think they'll be worth more than that for 15/20 years. There are just too many about.

[dave birch]

Maybe not but if you get one and stick it on ebay - you will get at least £200 for it! Iv seen some go for close to £400.

Caveat emptor.... buyer beware

also,

fools and their money are soon parted

If you don't believe me, check the prices for "rare" or bullion, proof coins coins on ebay.