Is Your Old 1p Coin Worth £140k? Here’s How to Check

news-24092024-072921

Cash may not be as popular as it once was, and many people tend to toss their spare change into charity boxes. But, a coin collector is advising Brits to take a closer look at their change jars, as they might be unknowingly holding onto a small fortune. If you happen to have a 1933 1p coin, it could be worth a staggering £140,000.

Historical records show that only six coins of this particular type were ever minted. Three of them were placed under the foundation stones of buildings, while the other three were acquired by national collections. If you are an enthusiastic coin collector or simply have a collection of coins at home, you might be able to claim a significant sum for this rare coin.

However, The Royal Mint has suggested that there is a possibility that another coin of this kind was produced, potentially increasing the total number to seven. According to a statement on The Royal Mint’s website, the 1933 penny is highly regarded as one of the most famous coins in the UK. The Mint’s records indicate that six coins were struck, with varying destinations for each. There are even indications in the Mint’s records that hint at the existence of at least one more coin.

In a recent TikTok video, a coin collector shared details about the rare 1933 1p coin after being lent a fake copy of the item to showcase its value. The collector emphasized the significance of this iconic coin and its historical value. Only six coins of this type were ever produced, making it a highly sought-after item among collectors. The last known sale of this coin was in 2016, where it fetched a staggering £140,000.

Given the rarity and historical significance of the 1933 1p coin, it is advisable to check any old coin collections or jars of coins that you may have lying around. While the chances of coming across this specific coin are slim, it’s always worth taking a closer look. Who knows, you might just be in possession of a valuable piece of history without even realizing it.

Exit mobile version