Three 'old coins' at home could be worth over £100,000 one is still in circulation
An expert has shared the three rare coins that you could have in your home that are worth a small fortune
Card and contactless are considered king nowadays despite the majority of the population relying on physical money for centuries. As we move into a cashless society, we risk losing appreciation for particularly special coins.
However, in many quarters, including among seasoned coin collectors, the buzz around and fascination with unique pieces is still alive and kicking. And it is just as well - they have a rich history and could be worth a lot in a few years.
In fact, a coin expert recently sparked excitement among numismatists by highlighting three "old coins" that could be lurking in your home, potentially worth a staggering sum of over £100,000.
In a TikTok video, the enthusiast known as the Coin Collecting Wizard shared invaluable tips for identifying these rare treasures.
The first to look out for is the 1905 half crown, which, despite its age, might be hidden away in an old coin collection or gathering dust in the loft.
The expert enthused: "Random old coins that will make you rich. The 1905 half crown from the UK."
Crafted from silver and adorned with a shield on the reverse and King Edward VII's likeness on the obverse, this coin's scarcity makes it a collector's dream, reports the Mirror.
He elaborated: "With only 166,008 ever made you can easily grab between £450 and £10,000, depending on the condition."
He then drew attention to the pièce de résistance, the 1933 penny, a coin so rare due to the fact that there was no demand for new pennies that year, resulting in a minuscule production run believed to be just six or seven.
Featuring Britannia on the reverse and King George V on the obverse, he explained: "The rarity of the 1933 UK penny makes it highly sought after by collectors and its scarcity contributes significantly to its market value."
A lucky find of this coin could fetch up to £100,000.
"If you happen to have a 1933 UK penny in your possession, then you are 100 per cent rich and can easily sell this coin for over £100,000," he said. He then went on to describe a more modern coin that is still legal tender.
This seemingly ordinary 2p coin bears the words "new pence" instead of "two pence."
However, it must be from 1983 to hold any significant value.
The expert went on: "The 1983 'new pence' two pence coin from the United Kingdom is considered rare due to a specific transition in the design of the coin.
"In 1983 the Royal Mint in the UK began the process of changing the inscription on the two-pence coin from 'new pence' to 'two pence'. If you find this rare coin, you are looking at £1,000 plus."
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