Coin Collecting: Don’t Bank Your Coins Before Checking for Errors

Got a big coin collection? It might be tempting to deposit them at the bank, but before you do, consider this: some could be worth a hefty sum!

A TikTok user, @CoinCollectingWizard, has been sharing tips on how to spot valuable coins. He’s uncovered some interesting facts about common £1 and £2 coins. Some of these coins, due to manufacturing errors, can be worth quite a bit more than their face value.

What to Look Out For

Here are some key points to keep in mind:

  • **William Shakespeare £1 Coin (2014):** Look for the edge inscription. If the inscription is incorrect, the coin could be worth up to £50!
  • **First World War £2 Coin (2014):** This coin features Lord Kitchener. The error version is missing the “£2” inscription on the head side. This error coin is worth a whopping £1,000!

If you’re interested in learning more about coin collecting, there are many resources available online. You can find websites and forums dedicated to coin identification, valuation, and even buying and selling coins.

So, before you deposit those coins, take a closer look! You might be surprised at what you find.

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