Published 2 days ago • loading... • Updated 18 hours ago
Rare Royal Mint coin sells for 560 times its value as design 'escapes' edge
The misshapen 2017 coin was described as a genuine certified error and drew interest from collectors seeking rare minting mistakes.
One rare 5p coin recently sold for £28 on eBay, fetching 560 times its face value plus £2.70 postage, highlighting collector demand for error pieces.
Broadstrike errors occur when coins escape the retaining collar during striking, leaving the piece misshapen and slightly larger than standard, as explained in the eBay listing.
Matthew Dent designed the Royal Shield and Royal Arms featured on the 5p coin, first introduced in 2008 and appearing across all British coins up to 50p.
Mintage numbers and design rarity determine value in the British coin market, with the Royal Mint's 50p pieces ranging from 200,000 to 1,615,500 units produced.
Brits are checking their change for similar errors, as sellers describe such pieces as "Highly sought after by error coin collectors," driving continued collector interest.