A specific £1 coin with a subtle minting error—a 2016 date on one side and a 2017 micro-engraving on the other—is fetching significant value among collectors.

In the bustling world of numismatics, where every jingle of change could hold a hidden treasure, a particular £1 coin is stirring excitement. Savvy Britons are being urged to inspect their pockets and piggy banks for a rare specimen that has previously commanded an impressive £2,500 at auction. This isn't just any old quid; it's a unique piece with a minute, yet mighty, minting error.
The Elusive 2016/2017 Error Coin
The story begins with the modern 12-sided £1 coins, which officially began circulation in April 2017. However, a batch of these coins was produced in 2016 in anticipation of the launch. It's among these early birds that the sought-after error lies. The mistake? While the main date beside the Queen's portrait prominently displays “2016,” a tiny, almost invisible inscription along the outer edge on the reverse side reads “2017.”
This peculiar oversight has turned what would be a common coin into a collector's dream. Coin collecting enthusiasts, including the TikTok sensation known as the Coin Collecting Wizard, have brought this rarity to public attention, highlighting its substantial value. While the specialist estimates its general worth around £500, the record-breaking sale of one such coin to a Spanish buyer in 2017 for £2,500 certainly gets the heart racing.
How to Spot Your Potential Windfall
Before you rush to scrutinize every £1 coin, be warned: this isn't a walk in the park. The
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