Watch the Pennies and the Pounds will take care of themselves
The London Mint Office is offering £50 apiece for thousands of new, undated British 20p coins produced by the Royal Mint. An estimated 50,000 – 200,000 have been produced and put into circulation.
But before you go and ransack your loose change and claim your prize you should consider the current value of the 2p piece mis-minted in 1983. Sporting the wording ‘new pence’ and not ‘two pence’ it now changes hands for hundreds of pounds.
The last time a dateless coin was produced was in 1672 so coin collectors must be wetting themselves over the 2008 erratum.
If you have kids you should be particularly vigilant. CBBC Newsround carried the story yesterday so your little darlings will probably be scouring the house for stray coinage.
If you want to sell, just visit here and register.
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1
June 30, 2009 at 9:47 am -
Although it is a good idea to hang on to coins with anomalies, what will £50 be worth in ten years for that matter will the £ even exist?
Perhaps this is a deliberate ‘unintentional’ windfall for all those taxpayers who recently invested in the banks, unwittingly, without consultation and in most cases against our will.
Well like everyone else who has read this story, I am off to check my collection of loose change! Good luck to us all.
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2
June 30, 2009 at 10:33 am -
I have a little pot (but that’s enough about me) where all my 20p coins go. I checked through them yesterday and found three…..sadly they’d all got the 2008 date thereon. Bum!
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3
June 30, 2009 at 12:12 pm -
Unlucky bud-dy, it would have been pot luck if you had found one, but then you canna complain, there will be some lucky people who will make some extra green. I love the fact the weeds and dopes that potulate the monetary sector have made yet another hash. If I may be blunt; I suggest we raid the joint and steal ourselves a minting machine, what do you think Mary-jane-s?
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4
June 30, 2009 at 1:19 pm -
A minting machine? Does that make polos?
A mincing machine, Peter Mandelson? -
5
June 30, 2009 at 2:18 pm -
I too went through my pockets, down the sides of chairs, under beds and everywhere else I could think of, but no luck. I do however remember handing over two shiny 20p coins in a fish and chip shop the other day – bet they were the very two. Like Cato, Bum!
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6
June 30, 2009 at 4:00 pm -
I think we all know what causes polos in the case of bankers, a certain Columbian export which is easily available to those who handle such large amounts of money. As for a mincing machine, I would say G. Norton holds that mantle, Mandelson is more of an apprentice in the art of mincing.
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7
July 1, 2009 at 2:36 am -
Hmmm. “The London Mint Office” eh? I wonder who they are?
From their web-site:
The London Mint Office is a wholly-owned subsidiary of one of Europe’s most successful direct marketing organisations’, the Samlerhuset Group.
Samlerhuset was established in Norway in 1994. Very quickly it emerged as the leading distributor of collector coins in Europe, with a turnover of approximately €300 million. The Samlerhuset Group, which operates in nine European countries, was the first privately owned organisation to be allowed ownership of a national mint – owning 50% of the Mint of Norway – and enjoys extremely good relationships with all of the major mints around the world, as well as a number of international coordinating bodies such as FIFA and the IOC.
The London Mint Office is one of the leading distributors of collector coins in the UK.”Hmm. I wonder how open and transparent their web presence is?
“samlerhuset.com is a domain controlled by two nameservers at eunet.no. They are on different IP networks. Incoming mail for samlerhuset.com is handled by one mailserver at samlerhuset.no. samlerhuset.com has one IP record. ru.no, kq.no, ij.no, kos.no, mef.no and at least 68 other hosts share nameservers with this domain. mynthuset.se, samlerhuset.no, samlarhuset.com, nordicmoneta.com, rahapajamoneta.fi and at least three other hosts share mailservers with this domain. com is a domain controlled by 13 nameservers at gtld-servers.net. All of them are on different IP networks. ”
All totally above board eh?
I wonder how much a person could get by offering one of these coins on ebay?
Well, in all fairness it seems; anywhere between £40 and err… £6000 (after you exclude the nutters who want oodles of cash.)
I leave it for you to decide.
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8
July 1, 2009 at 10:47 am -
Mr Jolly – I should have made it clear that the London Mint Office is not a part of the Royal Mint. Interesting to see who they are though, thanks for that.
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9
July 1, 2009 at 1:32 pm -
Just had a hoke in my pocket and came up with a 2p piece with New Pence on it.
Its dated 1979 however – obviously not one of the hot 1983 issue!
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10
July 1, 2009 at 5:35 pm -
You got me all excited then Jeff – and then I came crashing down. Better luck next time!
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