Rare UK coins

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Finding you’ve got a UK coin that’s worth quite a bit of cash would be a welcome boost to anyone, especially anyone trying to climb out of debt!

I’ll make it clear now that I sadly didn’t find any of these coins. But when you’re in debt, looking for ways to get out and working hard on your side hustles, you start to find a whole world of things around you worth money. I always check my change now, just in case!

Keep your eyes open for any of these and you could take a chunk off your debts without much effort. Nice :)

George V Sovereign 1917

1917 George V Sovereign coin

The 1917 George V Sovereign coin was minted in London and is one of the most popular collectable coins of all time. This George V coin was minted during the First World War but held in reserve rather than being issued, until the war had ended. It had a mintage of just over 1 million.

This coin has a current value of just over £10,000 (source: Bullion)

George V penny 1933

George V penny 1933

If you’re looking for rare UK pennies, they don’t get much rarer than this rare UK coin. The George V penny was minted yet never meant to be issued into public circulation.

It’s widely believed that under 10 were issued into circulation, one of which sold in 2016 for £72,000. One of the most valuable coins in the UK, it’s incredibly rare. Got one of these? Your likely to be out of debt in one quick sale if you’ve got one of these hidden away :)

Edward VIII Brass threepence 1937

Edward VIII Brass threepence 1937

It was during the reign of Edward VIII that the idea of the new brass coin was conceived. Trial pieces having various thicknesses were minted for evaluation. Since these coins had 12 sides, they needed to be tested with vendors and other parties. A small number were given out for testing and some were inevitably not returned, finding their way eventually into circulation. Today, they’re worth up to £45,000.

European Economic Entry 1973

European Economic Entry 1973

The 1973 50p piece was the very first commemorative coin since decimalisation. It was introduced to celebrate the UK’s accession to the European Economic Community.

The exciting thing about this coin is that although it’s not worth a huge amount now (under £10), once we’ve left the EU the value is likely to rise. This one might be one to hold onto!

Queen Elizabeth II 2p coin 1983

Queen Elizabeth II 2p coin 1983

This 2p looks and feels like any other we use everyday today….but it’s not.

Look a little closer…….notice anything? This coin was issued in 1983 into general circulation. All 2p coins minted before 1982 should say ‘new pence’. Those minted after this date should say ‘two pence’. An error at the Royal Mint in 1983 meant that a small batch of 2p’s made it into circulation saying NEW pence and not TWO pence. Errors are valuable at the Royal Mint and these coins are now worth £500.

It’s not known how many of these there are in circulation.

Swimmer Olympic 50p 2012

One of these 2012 Swimmer olympic 50p’s is worth £1500. Any idea why?

Look carefully and you’ll notice the swimmer on the right has water covering their face, and that’s where the money is!

This isn’t an error by the Mint, it’s actually the original design and was issued until it was pointed out that you couldn’t clearly see the swimmers face. They changed the design to the one of the left, sending the price of the originals soaring.

Queen Elizabeth II dateless 20p 2008

This 2008 20p is another profitable mistake from the Royal Mint. During a change-over in design, a number of these were minted without any date at all.

Nearly 250,000 of this coins fell through the net so it’s worth checking your change as these are worth up to £250 each!

Are commemorative coins worth it?

Today, coins are printed in much bigger numbers than they used to be, meaning it’s a lot harder to find a rare coin.

It’s the rarity of a coin that pushed the price up, which is why the George V penny 1933 is worth so much.

Buying commemorative coins is probably better viewed as a memento rather than an investment, but like the EU 50p above, if it goes up in value, it’s a bonus.

And if you spot a coin with an error, hold on to it tight!

3 Ways to sell rare UK coins

Selling valuable UK coins is fairly straight forward as long as you follow some simple guidelines: never get ONE valuation. Always check the credentials of the valuer and never accept a first offer.

Here’s 3 ways to sell your coins and get the best price for them!

Coin Fairs

Coin shows are full of collectors looking for valuable UK coins and so these fairs provide a great place to sell your coins. If you’ve got an ‘in demand’ coin, collectors can bid against each other and you end up with a great price.

Coin collectors travel the length of the country looking for coins and you’ll be able to get many expert valuations in one place.

However, these fairs are not held often and so you might have to wait for some months to get to one.

You can find a list of UK coins fairs held annually here.

UK Coin Dealers

This is a list of UK coin dealers.

If you cannot get to a fair (see above) try the dealers on this list. They will ask for high quality photos and as much info as you’ve got about the coin.

Never take the first dealers valuation as the one you go with, make sure you’re getting a consistant price before you decide to sell your valuable coins.

Read the incredible story of the guy turning over £70k annually selling rare UK coins on eBay. Learn how you can get started selling the most valuable UK coins, and what to do if you come across a rare coin!

Online auction sites

Online auction sites can be a great place to sell UK rare coins but they can also mean you don’t get the best price. Have an idea of the price you want for your coin before you sell, and always take into account fees and postage costs.

If you’re looking on eBay to a similar site to get an idea of prices, make sure you look at the ‘sold’ items rather than the ‘for sale’ items’. Coins are only worth what someone will pay for them and just because you’ve seen a coin for sale for £5,000, doesn’t mean one’s actually sold for that price!

Always send by recorded, tracked and signed for mail.

Looking for ways to make or save more money each month?

If you’re looking for ways to make more money each money, or maybe save a little more, we’ve got some great posts to help you out.

These are some of the ways you can boost your income:

Things you can sell to bring in extra money

– I tried for ages to find things that would actually sell, and these are the things I ended up selling that made me extra cash!

Part time job ideas that fit in around the family

– having 3 young children, meant that I had to be creative about the part time jobs I was able to take on. These worked for us and our family.

Ways you can make money online, all tried and tested!

– sometimes you don’t want to have to actually go to work. These online money makers will do just that: make you money!

These are some post I’ve written about ways you can save yourself some cash each month if that’s what you’re looking for!

Budget like your life depends on it

and honestly? Your financial life MIGHT depend on it! Budgeting is the ONLY thing that reigned in our spending and made us accountable. The money we saved form budgeting helped us to get debt free. Yay!

Slash your weekly grocery shop

– spending too much on food? We’ve got some tips to make sure you stay on track.

Think you can’t make money from coins?

If you think the only way to make money from rare UK coins is to either invest and wait, or be lucky enough to find one, think again!

Have a read of this guy from Bristol who turns over £70k a year selling coins on eBay. I haven’t tried this and so cannot say one way or the other how successful you might be with this, but it gets you thinking, doesn’t it!

Do you have any of these coins or others you’ve sold for a good profit? I’d love to hear from you :)

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