eBay: Rare coin has sold for £14,000 - do you have one of these coins? What is it worth?
EBAY is a good place to find rare coins like this 2p, which was apparently sold for £14,000 on the site. But is the 2p ‘new pence’ coin from 1971 really worth that much cash? Experts warn it is not.
A rare coin has sold for £13,999.99 on eBay, however, the piece may not actually be rare at all.
The 2p coin which has “new pence’ written on the side was advertised as the “1971 ‘new pence’ in circulated condition” on the website by seller “fur-bay” in Melksham.
The listing ended yesterday, and was marked as being a “buy it now” deal by the selling website.
The seller, who is also currently selling ‘Retro British Airways Headphones’ for £199.99 and a Brown Leather Ferrari Brief Case for £74.99 seems to have made a steal with this item.
So how much are old 2p coins really worth?
eBay: Rare coin sold for £14k - 2p coins selling online - what is it worth?
According to This is Money expert Marc Shoffman, 1971 “new pence” rare coins are not worth a large sum of money.
The coins were very widely circulated, and there are hundreds of thousands of them in circulation now.
However, many become confused due to the “new pence” script on the side.
“New Pence” was written on all 2p coins issued between 1971 and 1981.
It was only after this date that the text changed to “Two Pence.”
GETTY/EBAY/FUR-BAY
However, there are small number of very rare and highly valuable 2p coins from 1983.
One of these coins sold for £1,119 on April 1 as part of a collection.
Coming in a set, the 20p is joined by all the over coins from 1983 in a booklet.
They were all of uncirculated quality. This is one of the only places it is possible to find a 1983 “new pence” coin.
It is incredibly unlikely that you would ever find one in circulation.
EBAY/FUR-BAY
EBAY/FUR-BAY
A new collection of 10ps was released at the beginning of March.
The 007 James Bond 10p coin is one of the new alphabet collection, which as 26 pieces.
eBay seller “wblack2006” offered up the limited edition Royal Mint coin, which was quickly snapped up.
What are the rarest coins in the UK?
It is not so easy to evaluate the rarest 20p coins, 10p coins and even 2p coins as exact circulation figures are not known.
These include the dateless 20ps, which are actually part of a run from 2008. There may be between 50,000 and 200,000 of these coins in circulation.