Could you have 20 pence worth £60 in your wallet? How To Check If You Have An Extremely Rare ‘Mule Bug’ Coin Worth 300 Times Its Value
- A coin collector has alerted the British to a coin worth up to 300 times its value
- The estimated 250,000 20p coins could be worth up to £60
- To learn how to check if one of them is in your gear, keep reading.
Britons have been warned that they could have a coin in their spare change that could be worth 300 times its usual value. due to an error.
In 2008, the Royal Mint released a batch of 20p pieces that are, in fact, worth close to £50.
The error occurred after a redesign of the coin, and there could be as many as 250,000 in circulation.
TikTok coin collector @thecoincollectoruk alerted Brits to this opportunity to collect their change up to 300 times its value.
The key thing to note about his 20p pieces is that they are undated, the collector noted.
The key thing to note about his 20p pieces is that they are undated, the collector noted.
The coin, since the 2008 change, must have a date on the heads side, whereas previously the date was on the tails side.
The collector claimed that an erroneous coin “could be worth between £40 and £60”.
An error like this is called a ‘mule’: a coin with mismatched sides, referring to the mule not matching a horse and a donkey.
The approximately 250,000 coins released in error in 2008 are mules because they were minted using the old version on the head side, which does not have a year date, and the new version on the cross side, which also does not have a date.
Undated coins like these are rare and therefore valuable, this being the first in the UK since 1672.
Another ‘mule mistake’ coin was released in 1983, when the Royal Mint made a mistake with the 2p piece and struck some with the wording ‘new pence’ instead of ‘two pence’.
The 1983 2p mule is currently worth hundreds of pounds, however its value increased because only so few of it made it to the public.
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Source: tit.edu.vn
