A coin expert has shared details of the piece which could potentially be worth up to £1,000 – and it might be in your change right now. So do you have this two penny?
You’ll never know if you own the ‘rarest coin in UK history’ until you examine your stash. Just recently, households were urged to check their change now for a 50p coin that sold for hundreds on eBay.
Now if you’re planning to do a clear out this bank holiday Monday, see if this two penny coin winds up in your collection. According to one expert, it’s worth up to £1,000 and rising in value. It’s so special, even after a few decades, and collectors will do just about anything to spot one in their change. So do you have this coin?
Discussing the 1983 New Pence coin, the @CoinCollectingWizard shared a clip with his 272,000 followers on TikTok where he warned many to never clean their change.
He then said: “Did you know about the New Pence 2p coin worth £1,000? Don’t worry though this one is 1971 and not the rare date.
“Want to know what rare New Pence coins to look out for, keep watching. After the design changed from New Pence to Two Pence in 1982, a mistake was made during production of a small number of 1983 coins.”
The expert explained these particular coins were mistakenly minted bearing the obsolete ‘NEW PENCE’ wording, rendering 1983 2p coins the authentic treasure to seek.
He stated: “If it says New Pence on the reverse instead of the words Two Pence then you have found it.
“If you are lucking enough to find a 1983 New Pence 2p in your change, then it is worth around £1,000. You are more likely to find the coin in the 1983 Royal Mint set though as this is where the mistake happened.”
Since he shared the information, many couldn’t get over the fact that some collectors would ever clean their coins. One said it was the “worst thing to do”, while another added: “Never clean coins.”
If you suspect you own the 1983 coin, the first thing to do is seek professional advice who can provide a proper valuation. To gain a profit, you must find the coin which displays the inscription ‘NEW PENCE’ on the reverse alongside the date 1983.
While a limited quantity of these 2p coins from 1983 are in circulation, the Royal Mint stated they were originally designated for special sets. However, they can still appear in your change.
All two penny pieces minted between 1971 and 1981 bear the inscription ‘NEW PENCE’ as part of their reverse design. In 1982 and in following years the inscription ‘NEW PENCE’ was substituted with the wording ‘TWO PENCE’.
However, a year afterwards, these coins were erroneously struck with the ‘NEW PENCE’ inscription.
