How Your 20p Could Be Worth £50
Can a 20p piece be worth £50? Well, yes, actually – and it’s worth having a rummage in your purse or wallet right now to see if you’re £49.80 up.
About 200,000 of the coins have instantly jumped in value after the Royal Mint announced it had made a rare mistake and forgot to put a date on them.
They are worth £50 if returned to the mint now but – because of their rarity – could rapidly rise in value in the coming years.
‘Mistakes like this not only fascinate people but also have considerable value-increase significance,’ said Nick Hart, of the London Mint.
‘If you hunt around and find one you’re extremely lucky.’
The mint produced the faulty batch of new-design 20p pieces earlier this year, leaving the date stamp off the heads side.
It has now announced a recall, partly to remove the coins from circulation and also to keep track of them.
If you have one and want £50, simply register at www.undated20p.com and send it back.
If you have one, and want to keep it – experts reckon the coins could be worth £200 in ten years – you can just register and the mint will send you a presentation box.
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