{"id":3126,"date":"2018-02-11T01:20:16","date_gmt":"2018-02-11T01:20:16","guid":{"rendered":"http:\/\/people.utm.my\/wanfahminfaiz\/?p=3126"},"modified":"2018-02-11T01:20:16","modified_gmt":"2018-02-11T01:20:16","slug":"these-rare-1-coins-could-be-worth-more-than-200-due-to-royal-mint-mistake","status":"publish","type":"post","link":"https:\/\/people.utm.my\/wanfahminfaiz\/these-rare-1-coins-could-be-worth-more-than-200-due-to-royal-mint-mistake\/","title":{"rendered":"These rare \u00a31 coins could be worth more than \u00a3200 due to Royal Mint ‘mistake’"},"content":{"rendered":"

It looks like a new set of error coins have been released, and in the past week three examples have already been spotted, according to coin expert site\u00a0changechecker.org<\/span><\/p>\n

The first one sold for \u00a3205 on eBay, after receiving 22 bids, and a second will go on auction next month, reports the\u00a0Daily Mirror<\/a>\u00a0.<\/p>\n

On his\u00a0Changechecker blog<\/a>\u00a0Luke Hearn wrote: “Now another \u00a31 coin \u2018error\u2019 has been discovered and this one is very interesting indeed. It would appear that a 12-sided \u00a31 coin die has been struck on an old round \u00a31 coin blank.”<\/p>\n

ChangeChecker is advising people to send off their coins to The Royal Mint Museum, which offers\u00a0a free verification service<\/a>\u00a0.<\/p>\n

What is an error coin?<\/h4>\n
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The first error coin sold for \u00a3205 on eBay<\/span><\/figcaption><\/figure>\n

An error coin is one that has been manufactured incorrectly, they come in scores of shapes, sizes and types.<\/p>\n

They can be a result of deterioration of the minting equipment, accidents or malfunctions during the making of the coin.<\/p>\n

Due to their irregularity, these coins are rare and therefore are of high worth to collectors.<\/p>\n

What to do if you find one<\/h4>\n
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This is one of the latest error coins<\/span>\u00a0(Image: ChangeChecker)<\/span><\/figcaption><\/figure>\n

In order to send off your coin to the Royal Mint’s verification service, you will first need to fill out an\u00a0online form<\/a>\u00a0, it can take up to 28 days for one of the advisors to get back to you.<\/p>\n

Add a description of your coin, as well as a photograph, before submitting the form. However, even though the Royal Mint might be able to tell you if it’s a rare \u00a31, it does not provide valuations.<\/p>\n

These are done by a numismatic dealer, you can find reputable ones on the members page of the\u00a0British Numismatic Trade Association website<\/a>\u00a0.<\/p>\n

I have an ‘error coin’ – what should I do?<\/h4>\n
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(Image: AFP)<\/span><\/figcaption><\/figure>\n

Here’s what the coin experts at\u00a0Chards<\/a>\u00a0say you should do if you suspect you’ve been handed an ‘error coin’:<\/p>\n