This coin is extremely rare and therefore sought after by collectors
Brits have been advised to watch out for a rare coin valued at up to £10,000. An expert revealed what you should be searching for.
What makes these coins particularly desirable is their scarcity. The lower a coin’s mintage figure, the more valuable it generally becomes.
Beyond this, the coin’s condition can influence how much enthusiasts are prepared to spend. In a clip shared on social media platform TikTok, an expert known as the Coin Collecting Wizard presented examples of some particularly valuable historic coins.
All of these specimens are no longer in use but you never know, they might be tucked away in an old coin collection or stored in the loft. One of the coins mentioned by the expert could fetch an impressive £10,000.
First, he pointed out the 1905 half crown. This is a silver piece displaying King Edward VII on the obverse (head side) and a crowned shield on the reverse (tail side).
He said: “The 1905 half crown is one of the rarest half crowns to ever be minted, at just over 166,000. This can fetch anywhere between £450 and £10,000.”
Subsequently, he encouraged people to hunt for a brass threepence from 1949. “The 1949 brass threepence has a very low mintage of just 464,000,” he said.
“One of these recently sold for just under £500 in fine condition.” The coin is 12-sided and displays King George VI on the obverse and a plant on the reverse. After this, he discussed a fourpence groat from 1853.
This coin displays the “young head” portrait of Queen Victoria on the obverse. The reverse side shows a seated figure of Britannia, clutching a trident and a shield bearing the Union Jack crosses, and the words “FOUR PENCE”.
He said: “A fourpence groat from 1853 has a value of up to £2,000. This is due to only 11,800 ever to be produced.”
The specialist then discussed a shilling dated 1851. This coin can be identified by the words “ONE SHILLING” at the centre of the reverse and Queen Victoria on the opposite side.
“A one shilling from 1851 has a low mintage of just under 500,000,” he said. “Depending on condition, this could fetch you a very nice sum of £2,000.”
Finally, he suggested that a penny piece from 1869 might sell for £5,000. He added: “Last but not least, we have a penny from 1869. No one knows how many were minted and can have a value up to £5,000.”
The 1869 penny shows Queen Victoria on the obverse and Britannia on the reverse.
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