Rare £2 coin sells for £100 on eBay

A RARE coin strikes a small fortune for a seller on eBay, all because both sides share the same design.

The listing went up on December 31 and ran for seven days, with the coin eventually selling for £100.

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The piece has the same design on the front and back
Despite there being only one bidder, the coin sold for £30 more than it was originally listed as

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Despite there being only one bidder, the coin sold for £30 more than it was originally listed as

The item originally went on sale for £70 on December 31, 2021 and went up by £30 on January 7 when the auction ended.

Usually one side of a coin features an artistic design or symbol, while the other side often depicts the current monarch or leader.

Not so for this 19-year-old £2 coin which sports the same design on both sides and was created by art teacher Bruce Rushin, who won a competition open to the public to design the reverse of the room.

The image shows the development of technology from the Iron Age to the Industrial Revolution.

But despite its unusual identical error, the coin only attracted interest from one bidder, meaning a bidding war was not on the cards.

That’s rare on its own, as some other parts on eBay have caused quite a fight.

How to Spot a Rare Error Coin

Be careful when looking at error parts on eBay, as there may be counterfeits floating around.

Pay attention to the number of people bidding on a coin, as this could give you a good indication of the coin’s legitimacy or interest.

This isn’t always a surefire way to spot a scam, as legit coins can have low bids, like in the case of this knockoff £2 coin.

You can also simply ask the seller if they sent the part for review.

If you feel unsure about a rare piece that seems too good to be true and you can’t authenticate it, it’s best not to buy it.

Can I sell a rare coin?

While rare coins are fascinating, it’s no surprise that they exist when around three to four million coins are minted by the Royal Mint a day.

Mistake or not, rare coins are still considered legal tender, and as they circulate, there’s a good chance you’ll own one yourself.

The slightly longer way to check if your coins have genuine minting errors would be to send them to the Royal Mint Museum, which will analyze them for you and leave you with no doubts if you decide to list them.

If you can prove its authenticity, you may be able to sell it for even more.

If you happen to check your purse and notice something odd about a coin, an easy way to check if it’s unusual is to do a quick internet search.

You should search for the part using the date printed on it to find others of this type and compare their appearance.

If there are any differences, you can hop on eBay to check if other sellers list similar error parts to get an idea of ​​what is desirable.

Alternatively, websites like Change Checker and Coin Hunter are also worth checking out to find out which coins are currently in high demand.

Also, the Royal Mint, which is the government-owned mint and exclusively supplies the nations’ coins, released the minting figures last year.

By looking at them, you can get a good indication of your coin’s desirability based on the number of coins in circulation.

The Sun spoke to coin expert Jon White of the Britannia Coin Company to discuss the rare Kew Gardens 50p and how to spot counterfeits – you can tell if you have any in your pocket.

And it’s not just the Kew Gardens 50ps that are racking up profits, check to see if you have any other rare 50ps that might be lying around.

Meanwhile, other error coins can net you up to £3,100 – check to see if you can make a small fortune.

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