A COIN expert has revealed the exact date and letter to look for on an alphabet 10p worth up to 200 times its face value.
Rare coins and bank notes can fetch hundreds of pounds so are well worth cashing in if you’ve got one.
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But there’s so many different pieces it can all get a bit confusing.
However, one coin expert has revealed what specific type of alphabet 10p to keep eagle-eyed for and earn yourself some serious money.
The pieces were struck and released into general circulation in 2018 and 2019 – 26 coins were produced each year.
But one in particular has been known to sell for up to £20 – 200 times its face value.
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In a recent video to his nearly 400,000 followers, TikTok user UKCoinHunt revealed that the A and B coins from both years are the rarest and most valuable.
But the one in particular to look out for is the 2019 A piece.
He explained how less of the 2019 pieces were struck and put into circulation so can sell for more than the 2018 coins.
He said: ” The 2019 A is the rarest, well not the rarest, but the most expensive at around £20 just for a 10p coin, which is mental.
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“Obviously these are what you want to look for in your change. They are very very hard to come across.
“But you never know you might get one. But just keep hold of it.”
How to check if a coin is valuable
In most cases, a coin will be valuable if it has a low mintage figure – this is the amount that were struck and put into circulation.
So the lower the mintage figure the more rare it is and the more you should be able to sell it for in auction on eBay or Facebook Marketplace.
But this isn’t always the case and some coins have been known to sell for more than others despite more having been put into circulation.
Bear in mind, a rare coin is only worth what someone is willing to pay for it on the day.
You can find out what a coin’s mintage figure is by going on The Royal Mint’s website.
In some cases, you can bag a decent amount of cash for a coin with a minting error too, when a manufacturing issue occurs.
There’s usually only a handful of these types of pieces in general circulation meaning they can go for up to £1,000.
How to sell a rare coin
As mentioned, there are three main ways to sell a rare coin – in auction, eBay or via Facebook Marketplace.
When it comes to selling on Facebook, be wary of the risks.
There have been circumstances where fraudsters have contacted sellers saying they want to buy a rare coin and ask for money up front for a courier to collect it.
But the items are never picked up and the sellers are left out of pocket.
To avoid falling into this trap, you should meet the buyer in person and in a public meeting spot that’s well-lit.
When it comes to selling on eBay, you have to start by registering for an account and then listing a product.
But make sure you’ve uploaded good quality pictures and mention the condition of the coin to avoid leaving any prospective buyers disappointed.
Out of the three options, selling a rare coin on auction will most likely be the safest choice.
You can do this via The Royal Mint’s Collectors Service, which has a team of experts who can authenticate and value a coin.
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Get in touch with them via email and a member of its valuation team will get back to you.
Do bear in mind you will be charged for the service though. How much depends on the size of your collection.
Do you have a money problem that needs sorting? Get in touch by emailing [email protected].
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