Rare 2p coin from 1983 with key detail could be worth up to £1,000
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If you’ve ever tossed your spare change into a jar and forgotten about it, think again – you could be sitting on a small fortune! According to TikTok user @uk.coin.hunt, there’s one particular 2p coin in circulation that could be worth up to £1,000. And, believe it or not, it’s the 1983 "New Pence" 2p. You might be thinking, “How on earth can a 2p coin be worth so much?” Well, it all comes down to a rare minting mistake that makes this coin highly sought after by collectors.
According to the Britannia Coin Company, in 1983, the Royal Mint made a major change to its coins. The wording on the 2p coin switched from "New Pence" to "Two Pence" – but a tiny number of 2p coins got through with the old "New Pence" design, despite the change being official since 1982. If you’ve got one of these coins, you’re holding on to a very rare "mule" coin – a collector’s dream.
Now, you might be wondering what a "mule" coin is. Essentially, it’s a coin that’s been struck with mismatched dies – in this case, the “New Pence” obverse (the front face) and the modern reverse (tails side). These minting errors don’t happen often, and are usually corrected promptly, but this one slipped through the cracks, and it’s worth a small fortune now.
So, what’s the deal with the £1,000 price tag? Well, depending on the coin’s condition, some of these 1983 "New Pence" 2p coins are fetching eye-watering prices online – especially if they’ve been kept in pristine condition. In fact, this rare error coin is now one of the most valuable modern British coins around, with some collectors ready to pay big money for it. Interestingly, these 1983 coins were included in limited-edition sets from brands like Martini and Heinz. Both companies produced coin collections as part of a promotional campaign, and only a few of these sets contained the error coin. So, if you have one of these sets tucked away, it’s worth checking – you could have a goldmine in your hands!.