YOU could be sitting on a fortune if you happen to own a rare "fried egg" £2 coin as collectors scramble to buy the £600 rarity.
The Design Error
A design error on some of the Royal Mint's Mayflower 2020 coins has left them looking like a runny fried egg as the middle has "spilt" out onto the outer rim.
The Mayflower Design
The design depicts the famous English ship known as the Mayflower that transported a group of English families, known today as the Pilgrims, from England to the New World in 1620.
Commemorating Determination and Courage
Some 400 years later, the special coin was made to commemorate the determination and courage shown by the passengers and crew, according to the Royal Mint website.
A Manufacturing Error
But some possess the strange "fried egg" quirk as a result of manufacturing errors. As a result, collectors are willing to pay hundreds of pounds for the coin – influenced by the fact it is no longer in circulation.
A Fortunate Sale
And that's exactly what happened for one lucky owner, who recently sold theirs for £600 on eBay. A total of 33 bids were made for the rare piece of loose change, before it was sold to the winner last month. That saw the rare coin sold for over 300 times its face value of £2.
Mis-Struck Coin
This error coin has been mis-struck somewhere in the minting process, meaning the middle ring is not perfectly lined in the center.
Previous Valuable Coins
Last year, another £2 coin with the "fried egg" error but with a different design also sold for well above its face value. It's known to collectors as the Charles Dickens £2 and was issued in 2012 to mark the 200th anniversary of the author's birth.
Keep an Eye Out
A coin expert also revealed the exact date you should look out for on a rare £2 coin that's worth £200. Known as the 2003 Falkland Islands £2 coin, it has grown in value and is highly sought after by collectors – so keep an eye out.
Did you miss our previous article…
https://hellofaread.com/money/bm-to-close-store-temporarily-promises-a-bigger-and-better-replacement/
