Exact date to spot on ultra-rare 1p worth up to £200,000 at auction

A RARE 1p has sold for a whopping £200,000 astatine auction owed to its circumstantial date.

A coin specialist has urged the nationalist to look retired for the 72-year-old penny arsenic it could beryllium worthy 20million times its look value.

The alteration fanatic known as CoinCollectingWizard on TikTok precocious published a video connected the 1952 impervious 1p, marked by an representation of George VI.

This peculiar coin is the "rarest impervious penny" of its full bid of copper and bronze pennies, and has near collectors perfectly astounded.

The TikTokker began the video by saying: "Jiminy Cricket - £200,000 for this aged penny.

"The beingness of this unsocial 1952 impervious penny was not known publically until its archetypal quality astatine Numismatic Auctions successful October of 1997, immoderate 45 years aft it was struck.

"The British Numismatic world was astonished to spot this coin look and successful impervious prime arsenic this was not known to exist."

He besides said that the coin remains an enigma arsenic it is the "only unsocial impervious striking" of a pre-decimal penny of the 20th century.

The adept goes connected to accidental that the 1p is said to beryllium truthful unsocial due to the fact that it bears the look of King George VI - who died successful aboriginal 1952.

London-based dealer Sovereign Rarities echoes this and states connected its website: "It is possibly understandable that the George VI 1952 Proof Penny remains a unsocial piece, arsenic the King died precise aboriginal successful 1952 passing distant connected February 6.

"Only the smaller denominations of currency coins that were successful large request were struck for circulation successful 1952, with the larger denominations omitted successful anticipation of a caller reign and a caller coinage for Queen Elizabeth II."

According to BullionByPost, impervious pennies are the highest prime coin a mint produces.

Issuers similar the Royal Mint mostly make conscionable a tiny fig of these per twelvemonth owed to the lengthy process required to marque them.

Hand-finished dyes and etching by an adept are a immense portion of their creation, meaning it takes astir an hr to onslaught 50 impervious coins.

The CoinCollectingWizard added: "A beauteous illustration went up for auction precocious and sold for £200,000, truthful it is 100% a coin to look retired for."

It is worthy keeping an oculus connected your spare alteration arsenic it could beryllium worthy a batch much than you think.

Other uncommon coins which could beryllium worthy much see the One Penny which dates backmost to 1893, but it's the accumulation mistake which makes it a invaluable find. 

The past coin features Britannia connected the backmost and the reverse of the coin is the usual Queen Victoria bun head, which is simply a diagnostic connected galore coins from this era. 

What makes the coin invaluable is an mistake with the fig 3 in the day astatine the bottommost of the coin. 

Under the fig 3 of the mistake coin, it looks similar determination is the commencement of a fig two.

If the coin features this it could beryllium worthy up to £600.

How to spot uncommon coins and banknotes

Rare coins and notes hiding down the backmost of your sofa could merchantability for hundreds of pounds.

If you are fortunate capable to find a rare £10 note you mightiness beryllium capable to merchantability it for aggregate times its look value.

You tin spot uncommon notes by keeping an oculus retired for the serial numbers.

These numbers tin beryllium recovered connected the broadside with the Monarch's face, conscionable nether the worth of £10 successful the country of the note.

Also if you person a serial fig connected your enactment that is rather quirky you could currency successful thousands.

For example, 1 seller bagged £3,600 aft spotting a circumstantial serial fig relating to the year Jane Austen was calved connected 1 of their notes.

You tin cheque if your notes are worthy thing on eBay, conscionable tick "completed and sold items" and filter by the highest value.

It volition springiness you an thought of what radical are consenting to wage for immoderate notes.

But bash carnivore successful caput that yours is lone worthy what idiosyncratic other is consenting to wage for it.

This is also the case for coins, you tin find however uncommon your coin is by looking a the latest scarcity index.

The next step is to instrumentality a look astatine what has been precocious sold connected eBay.

Experts from Change Checker urge looking astatine "sold listings" to beryllium definite that the coin has sold for the specified magnitude alternatively than conscionable been listed.

People tin database things for immoderate terms they like, but it doesn't mean it volition merchantability for that amount.

We explicate further how you tin find retired if you person a rare coin worthy thousands sitting around the house.

Do you person a wealth occupation that needs sorting? Get successful interaction by emailing [email protected].

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