I'm a rare coin expert – exact detail to look for on £2 coin to see if it's really worth over £200 | The Sun

A COIN expert has revealed how to find £2 rare gem – and it can be worth hundreds.

The rare coin pro urged Brits to check their spare change for a little-known detail.


In a video on TikTok, they explained how to find the "extremely rare" minting mistake.

They said: "It's called an egg error, where the silver has leaked into the gold or vice versa."

Regular coins have two metal rings – one on the outside made of nickel-brass ring and the one inside is made of nickel plated brass.

But this error coin has been mis-struck, meaning the centre ring is not perfectly lined in the centre.

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The peculiar fault hilariously leaves the coin looking like a runny fried egg.

The Royal Mint manufactures between three million and four million coins a day, so often things will go wrong.

The video then proceeded to show a few examples of the coins.

It showed a Charles Dickens commemorative one that could fetch up to £350 in Ebay.

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And even "a brilliant uncirculated" HG Wells coin were the silver part appears to be much smaller.

Experts said it could be worth up to £1,000 as it launched to mark 75 years since the death of the science fiction novelist HG Wells.

The content creator added: "They can also be found on other bi metallic coins like the new 12 sided £1 coin.

"And they can fetch up over £100 online so we urge to keep an eye out for these rare errors."

It comes as bidders were willing to stake up to £105 on the coin because of the strange quirk.

Six budding collectors battled it out to claim the copy for their own.

The collectors placed a total of eight bids between them and the rare coin eventually sold for over 50 times its face value of £2.

How to sell rare and valuable coins

There are two main ways you can sell rare coins – through eBay or at auction.

If you want to sell the coin you’ve found in your spare change on eBay then you need to know the risks.

Remember to set a minimum price that is higher or at the very least equal to the face value of the coin.

Even if your coin “sells” on eBay for a high price there’s no guarantee that the buyer will cough out.

In its terms and conditions, the auction website states that bidders enter a “legally binding contract to purchase an item”, but there’s no way to enforce this rule in reality.

The most eBay can do is add a note to their account of the unpaid item or remove their ability to bid and buy.

This is because in order to sign up to the website users do not need to put in valid bank or PayPal details before making a bid.

If a bidder refuses to pay, then the only option for sellers is to give “second chance offers” to other bidders or re-list the item.

For items of a high value eBay recommends that sellers put a limit on their listing to approve bidders.

It means bidders must email you before placing a bid but not that they must pay out the cash if they win.

If you’ve got a coin that you would like to sell at auction then you can contact a member of the British Numismatic Trade Association.

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They usually deal in very old coins but they may be able to help you assess whether it’s worth selling your coin at auction or whether it would be valuable to collector.

They'll usually charge you a fee for the service or take a percentage of the sale money.


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