20p coins selling for £7000

Posted By Ben Goulding, 4 July, 2009 | permalink

An error by the Royal Mint in Cardiff, Wales, has lead to tens of thousands of 20p coins being produced and released without a date on. The rare coins being sold for over £7000 on ebay – more than 35,000 times their face value.

Rare 20p Coin

The problem occurred after all the coins from the 1p through to the £1 were redesigned last year. The Mint does not know how many undated coins were released into circulation, but estimates range between 50,000 and 200,000.

One pub customer is now celebrating after being handed one of the undated coins in his change. Lloyd Hefferman, 38, was enjoying a summer drink with his friends at a pub in Peterborough, Cambs, when bar staff handed him the coin. Having already received offers for the coin of up to £500, he has decided he won’t be selling it yet.

So, if you’re in the UK, make sure you look out for these undated gems…they could make you very rich.

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