An expert has advised Britons to watch out for three uncommon £1 coins that might be worth considerably more than their nominal value. Together, these pieces could command over £500.
In a clip shared on social media platform TikTok, a specialist known as the Coin Collecting Wizard detailed how valuable these coins, which you might possess at home, could prove to collectors.
Addressing his more than 250,000 followers, he stated: “The valuable £1 coins you need to look out for. Pay attention to the details. The last one is unbelievable.” Initially, he outlined that a particular pound coin from 2016 might be worth £60.
The design of the coin is recognised as the “nations of the crown” coin. On the reverse side of the coin (the tail side) you will observe an English rose, Welsh leek, Scottish thistle, and Northern Irish shamrock emerging from crown.
Standard versions of this coin are worth no more than £1. It is only uncommon and valuable if it displays a small symbol on the reverse side.
He added: “This is a new pound coin from 2016. And what you need to look for is a small floral symbol at the bottom left of the coin just above the letter ‘E’.
“Here is a better example so you can see it. If you find this, then it’s rare as only 9,850 were minted.” The next rare coin is also from 2016.
He stated: “Next is an old round pound coin from 2016 with the shield design. Only 38,000 of these coins were minted, making it rare and worth around £30 today to collectors. Just remember the date needs to be 2016.”
The last coin on his list is particularly valuable, known to fetch approximately £500. This is another instance of a nations of the crown design as previously mentioned.
Although this coin is from 2016, there’s a minuscule error that cites the year 2017. The expert added: “But you will need a magnifying glass to find this error.
“Some of the 2016 coins were minted with the wrong micro engraving of 2017, making this super rare and valuable to coin collectors. So check around the edge of the coin for the date 2017.
“And if you discover this error, then it has been known to sell for around £500.”