PEOPLE are being urged to check their wallets for a rare 20p coin worth more than 250 times its face value.

A pack of six dateless 20p coins struck in 2008 recently sold in Redditch, Worcestershire, for £311.11 on eBay after receiving 47 bids.

A pack of six dateless 20p coins struck in 2008 recently sold for £311.11

1

A pack of six dateless 20p coins struck in 2008 recently sold for £311.11Credit: EBay

The Royal Mint mistakenly released a batch of 20 pence pieces in 2008 without the year stamp.

The error makes them very rare – and increases their value to around £60 each.

The gaffe occurred following a redesign of the coin over a decade ago.

There are thought to be up to 250,000 in circulation – meaning one could be in your back pocket.

I'm a coin expert - exact detail to spot on error 20p piece worth almost £90
Rare 50p coin worth 300 times its face value - do you have one in your pocket?

It’s well worth rummaging through your silvers to double-check if you have one of the rare coins.

Collectors are keen to get their hands on it as it was the first coin in over 300 years to enter circulation without a date stamped on it.

They have even been dubbed the “Holy Grail of change collecting” and some in mint condition have fetched more than £200 on eBay, although they typically sell for less.

TikTok user @thecoincollectoruk tipped off his followers about the potential windfall which they could be sitting on.

Most read in Money

He explained: “Your normal 20 pence shield could be worth £40 to £60. On the back of the shield, there is a date at the bottom.

“However, in 2008 the Royal Mint released coins with no date by mistake. This is called a mule error.”

A mule error is a term used to describe a coin with mismatched sides and is inspired by the fact the animal is a mismatch of a horse and a donkey.

The collector instructed Brits to examine their 20p pieces for a date, explaining they could be quids in if it is missing.

Normal coins display the date on the heads site, whereas it used to be presented on the tails side before the change in 2008.

The Royal Mint’s website says the undated 20p coin remains legal tender, so you can use it in shops.

Rare coins and valuable notes – is yours worth a mint?

This post first appeared on thesun.co.uk

You May Also Like

Games Workshop shares fall as it misses sales target

Games Workshop posted record sales for the six months to the end…

Sir Rocco Forte: I would rather invest overseas

Sir Rocco Forte has said he is investing overseas and giving Britain…

How to diversify an investment portfolio but not diworisfy

Anyone who starts investing quickly learns the golden rule of building a…

Bargain ways to keep pets happy as Brits head back to the office

LOCKDOWN has been purr-fect for pets who enjoyed having the extra company…