Rare 2p coin minted in this year could be worth a massive £1,000
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A two pence coin that was issued in 1983 contained an error on one side that although a mistake at the time, now means it is worth a fortune. The use of cash has been dwindling in the UK and in many countries of the world for the last decade. The convenience of being able to purchase items via digital means such as contactless payments, mobile wallets and online banking as well as the surge in online shopping habits has led to many ditching bank notes and coins entirely.
There’s no doubt it’s quick and easy to pay digitally but there are advantages to making physical purchases with cash. It can make budgeting more straightforward, especially in a time when the cost of living continues to rise with inflation. You are much less likely to forget you’ve spent money, overspend or make impulse buys if you have a wallet of money containing what you are able to use.
However there’s also another reason you might want to hang onto those pesky coins weighing down your pockets and bags Although they might seem to be pretty worthless, especially the coppers in this day and age, they could be worth much more than you think.
One coin collector has revealed exactly what to look out for in your handful of change if you want to improve the state of your bank balance. He claims that there’s a particular coin that is worth a whopping £1,000 and has appealed for his followers to be on the hunt for it.
On his TikTok page DansDollars, he showed a bog standard two pence coin and said he’s often asked what the value of the 1980 piece is. He shows the design of this particular coin and explains its features: "This is the 1980 two 'new pence' coin first released into circulation in 1971," he says as he explains: "The two ‘new pence’ design stayed on coinage until 1982, well supposedly.".
