New Year’s Resolution: Check Your Change
Without knowing it, you could have a nice little windfall hiding amongst your change right now. And if you don’t check it out, someone else surely will.
Top left is an early version of the 50p coin released by the Royal Mint in 2011 to celebrate the London Olympics the previous year. Nearly all these coins have no lines going over the swimmer’s face but an unknown number of the coin’s original design (with lines shown here) were released in error. One was sold in May for £590.
The Kew Gardens 50p shown top right owes its value of roughly £100 purely to the fact that it was minted in fewer numbers than any other – just 210,000. Most of these are already in the hands of collectors so they should hold their value well – in spite of the fact that the Royal Mint reissued it as part of a limited run earlier this year. It sold out in seven hours….
You might think that a run of 1.8 million 50 pence coins would be plenty but apparently not. The 2017 coin commemorating the 375th anniversary of Sir Isaac Newton’s birth is now much sought after. Prices vary wildly though so this is a coin to keep as a long-term investment.
Finally, this humble 20p coin in the bottom right may look like any of the others in your change. But if yours has no date on either side then it is one of just 120,000 minted in error in 2008. Congratulations, it routinely sells for over £50.
It takes just a few seconds for this spot of homemade alchemy to see if you’ve turned base metal into gold but please beware: there are plenty of fakes out there, especially online. If you want to check on a coin’s authenticity you can always bring it down to the Home of Collecting itself: Charing Cross Market. We’re open every Saturday from 7am to 3pm.
Either way, while checking your change is always a good habit, keeping an eye out for these particular coins might be a profitable resolution for 2020. Happy hunting.