This 2p coin could be worth a lot more than face value and it might be sitting in your pocket without you even realising it. So check your change now for this special detail
You could be sitting on a fortune if you check your change now and find this rare coin in your stash. It’s always important to take a second glance inside your pockets after UK collectors were urged to check for one rare £2.
Now a coin collector on Instagram recently revealed how this 2p could be worth thousands, but only dependent on one detail. The expert, known as @CoinCollectingWizard, explained that an accidental problem with printing caused the wrong dye to be used in production which has led to its significant value. So when was the last time you checked your change?
Speaking with his 37,100 followers, the collector said: “Yes there really is 2p coin worth £2,000.
“Most UK 2p coins either say Two Pence or New Pence depending on the year they were made. But here’s the deal…
“In 1983, there were supposed to say Two Pence, but a few were accidentally printed with the old design ‘New Pence’.
“From 1971, when decimal coins were introduced, all 2p coins said ‘New Pence’ on them so they are not rare or valuable.”
He claimed how in 1982 the Royal Mint changed the wording to read ‘Two Pence’, but a tiny number still came out wrong.
The expert added: “But here’s the twist, a small number of 1983 coins were accidentally made with the old ‘New Pence’ design. This is what’s called a mule error, basically the wrong dye was used in production.
“Because it’s so rare collectors will pay up to £2,000 for one.”
What to look for in your 2p coins:
Check the year: Make sure you have the 1983 2p coin which has the ‘New Pence’ inscription and not the 1982 version.
Mistake: Look for the production errors where the old wording was used.
Value: These 1983 ‘New Pence’ error coins can reach up to £2,000.
Speak to a professional: It might be exciting finding one of these coins, but an expert can validate it for you.
Don’t clean it: This can drastically lower its value to collectors.
Touch the edges only: Avoid touching the coin’s surfaces to prevent oils and dirt from damaging it.
Check online resources: Sites like the Royal Mint can help identify the coin.
Look at sold listings: Check eBay’s ‘sold’ listings to understand realistic market prices and not just asking prices.
