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Cryptocurrency News Articles

Rare 1952 penny expected to sell for £200,000 at auction - do you have one?

Jul 02, 2024 at 10:00 am

Certain designs can sell for thousands, while others fetch a few hundreds over on eBay.

Rare 1952 penny expected to sell for £200,000 at auction - do you have one?

A rare penny from 1952 could be worth up to £200,000 at auction, an expert has revealed.

The coin, which is the rarest of the entire series of copper and bronze pennies, was not known publicly until it appeared at auction in October 1997.

TikTok user @CoinCollectingWizard, who has 157,000 followers, shared a video explaining the rarity of the penny.

He said: "Wowzers, this penny is set to sell at auction for £200,000, do you have one?

"This is a UK penny from 1952, it is an intriguing proof coin which is the rarest of the proof penny of the entire series of copper and bronze pennies.

"The existence of this unique 1952 proof penny was not known until its official appearance at auction.

"People were astonished to see this coin appear and in proof quality as this was not known to exist.

"The 1952 proof penny remains an enigma as the only unique striking of a pre-decimal penny from the 20th century.

"It is perhaps understandable that George VI the 1952 proof penny remains a unique piece as the King died very early that year, passing away on February 6.

"It will go up for auction and is estimated to reach £200,000, if not more."

The video has since garnered 500 likes and dozens of comments from users.

One person said: "Found them in my gran's old sock."

While another commented: "I have one of those pennies."

It comes as a rare coin collector urged Brits to check their coins for a 50p design worth £2,000.

The same user detailed: "The 2017 Benjamin Bunny 50p is usually just worth face value unless you have a rare rotation error version."

Original source:mirror

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