Home web3.0 Check your change! Rare 20p coin from 2008 sells for £780 on eBay - 390 times its face value

Check your change! Rare 20p coin from 2008 sells for £780 on eBay - 390 times its face value

Oct 03, 2024 pm 06:12 PM
Rare 20p coin 390 times face value

We are all being encouraged to check our change after a rare 20p coin sold for 390 times its face value this week. The 20p piece is a “mule” coin dating from 2008 and was minted without a date on the coin due to an error.

Check your change! Rare 20p coin from 2008 sells for £780 on eBay - 390 times its face value

A batch of 20p coins was released without any dates on them in 2008, due to an error in the minting process.

The mistake occurred when the Royal Mint switched the location of the date on 20p coins from the tail side to next to the Queen’s head.

However, in a blunder, the old format was used on the Queen’s side and the new format was used on the tails side.

As a result, the first batch of British coins with no date on them were released into circulation for the first time in more than 300 years.

It is believed that around 250,000 20p coins minted in November 2008 entered circulation with no date.

Now, one of these rare coins has been sold on eBay, attracting a winning bid of £78, 390 times its face value.

The 20p coin is a “mule” coin, meaning it was minted with an error.

In this case, the coin was minted without a date, due to an error in the minting process.

The mistake makes the coin a collector’s item, and it is believed to be worth up to 400 times its face value.

The coin was listed on eBay by seller Vandervelden, and the auction attracted 118 bids.

The description reads: “This rare 20p coin from the Royal Mint boasts a unique error that makes it a must-have for any serious collector.

"Minted in 2008, this undated mule coin features the iconic image of the Queen's head on one side and the denomination on the other. With no date, this coin is a true rarity that is sure to impress.

"The coin was minted in Great Britain and is a part of the decimal coinage series that began in 1971. It is a perfect addition to any collection of British coins, and its error makes it a valuable piece for collectors who are looking for unique items. Don't miss your chance to own this rare and fascinating coin."

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