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Cryptocurrency News Articles

Do You Have a Hidden Treasure in the Form of Rare Coins at Home?

Aug 05, 2024 at 06:15 pm

Some of these coins could be worth a small fortune, and even those which aren't can still command more than their face value on platforms like eBay or at auctions.

Do You Have a Hidden Treasure in the Form of Rare Coins at Home?

A TikTok user has highlighted the importance of checking your coin collection after a 1933 coin fetched a whopping £140,000 at auction.

Some of these coins could be worth a small fortune, and even those which aren't can still command more than their face value on platforms like eBay or at auctions.

In his latest video to his 172,700 followers, @CoinCollectingWizard posted footage of an expert discussing the sale of this rare coin.

The expert said: "This is my private collection one that's been loaned to as very kindly. It's great because it's such an iconic coin we get lots of visitors coming to see it."

He added: "Usually these coins disappear into safes and never seen again. The last sold in 2016 for a hammer price of around £140,000. Its first ones had sold for many many years and one would imagine if it would come on the market again it would sell for even higher."

The TikTok user then advised: "This is the 1933 predecimal penny from the UK, so make sure you check your grandad's old coin collection and keep an eye out for this date. Now obviously I don't have the coin, this is a fake copy version."

He concluded with a question to his viewers: "Do you have this coin from 1933? If so you are rich, there are other dates to look out for too, but it's never going to be the crazy value of the 1933 penny as seven are known to exist. So if you find one, you are extremely lucky. If you found this 1933 penny, what would be the first thing you would do."

The caption "The holy grail 1933 predecimal penny" garnered a significant amount of attention. One commenter confessed: "We had one about 10 years ago but it went missing."

Original source:dailyrecord

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