Look out for three rare £1 coins worth over £500

Daily Record

5 days ago

An expert explained how to spot these highly sought-after coins
An expert has urged Brits to keep an eye out for three rare £1 coins that could be worth far more than their face value. Combined these pieces could fetch more than £500,
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In a video uploaded to social media platform TikTok, an expert known as the Coin Collecting Wizard explained how valuable these coins, which you could have at home, could be to collectors.
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Speaking to his more than 250,000 followers, he said: 'The valuable £1 coins you need to look out for. Pay attention to the details. The last one is unbelievable.'
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Firstly he explained that a specific pound coin from 2016 could be worth £60. The design of the coin is known as the 'nations of the crown' coin.
On the reverse side of the coin (the tail side) you will see an English rose, Welsh leek, Scottish thistle, and Northern Irish shamrock emerging from crown.
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Ordinary versions of this coin are worth no more than £1. It is only rare and valuable if it bears a small symbol on the reverse side.
He continued: 'This is a new pound coin from 2016. And what you need to look for is a small floral symbol at the bottom left of the coin just above the letter 'E'.
'Here is a better example so you can see it. If you find this, then it's rare as only 9,850 were minted.
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The next rare coin is also from 2016. He said: 'Next is an old round pound coin from 2016 with the shield design.
'Only 38,000 of these coins were minted, making it rare and worth around £30 today to collectors. Just remember the date needs to be 2016.'
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This was the last version of the old-style round £1 coins created in the UK before the introduction of the 12-sided coin.
The final coin on his list is especially valuable, as it has been known to sell for around £500. This is another example of a nations of the crown design as mentioned above.
While this coin is from 2016 there is a tiny error that mentions the year 2017. The expert added: 'But you will need a magnifying glass to find this error.
'Some of the 2016 coins were minted with the wrong micro engraving of 2017, making this super rare and valuable to coin collectors. So check around the edge of the coin for the date 2017.
'And if you find this error, then it has been known to sell for around £500.'