Check change for a £2 coin with error that could be worth £220 | Personal Finance | Finance
Brits have been urged to check their change for any £2 coins with a particular error that could make it worth hundreds of pounds. According to an expert, any coins featuring a rotation mistake could sell for more than £200 to collectors.
The coin expert, known online as UK Coin Collector, took to social media platform TikTok to explain more.
He said that a “rotation error” means an image on the coin appears to face in the “wrong direction”.
In some cases, this could affect the King or Queen’s head, or it could be the image on the reverse side of the coin.
This occurs due to an error during the minting process. He used a £2 coin from 2002 as an example in the video.
Speaking to his more than 62,000 followers, he said: “Would you pay over £200 for this £2 coin? I’ll do my best to explain why it’s on the market for that much money.
“So this is a Wales Commonwealth Games two pound coin from 2002. By the way, it’s not my coin that’s up for sale, it’s somebody else’s that has exactly the same as this one.
“And what makes this one special and rare is, it has a rotation error on it as you can see there – the Queen’s head is pointing in the wrong direction.
“Instead of pointing at three o’clock as she does on all the coins, she’s facing the wrong direction. That’s known as a rotation error, currently on the market for £225.”
Experts at Check Your Change revealed that a rotation error is one of the more desirable coin errors to UK collectors. According to them, the more rotated the error is “the better”.
On their website they commented: “Die rotation errors are very rare for pre 2008 coins, but are known to exist for many modern coins. The more severe the rotation, the more desirable the resultant coin.
“The most desirable die rotation error coins are ones where there is a 180 degree difference between both sides.
“Values for die rotation errors can vary from as low as a few times face value to hundreds or even (on very rare occasions) thousands of pounds, depending on the severity, rarity and how much people are prepared to pay to own it.”
