Ultra-rare 1p coin that could ‘make you a millionaire’ revealed – and they could be hiding in your spare change
A COIN expert has revealed one of the 1ps coins that “could make you millionaire”.
TikTok star the Coin Collecting Wizard, has told followers of a coin that could be worth a small fortune.
It’s part of a series the expert shares with his fans, which outlines all the coins which could help collectors line their pockets.
He told fans the 1919 one-penny coin with a “H” mint mark can hold a “decent” amount of value depending on its condition.
The obverse or heads side of the coin features a portrait of King George V.
While the reverse of the coin features the Britannia believed to represent the spirit of the British nation, seated holding a branch and scepter and a shield by her side.
On the bottom left of the coin you can see a marking which reads “H,” this is to show the coin was minted by Heaton & Sons.
Barry said this coin is the second rarest 1p coin to track down and is hard to find in good condition.
He explained that these coins, looking a little worse for wear, can sell for around £19.
However, those in better condition can be worth up to £200.
The Coin Collection Wizard said that looking out for these coins “could make you a millionaire”.
But you should take this with a pinch of salt, as coins are only worth what a buyer is willing to pay for them.
For example, a recent bid on eBay shows that this “H” one penny sold for £14 after three bids.
The coin wizard said this is one of many rare 1p coins that could help you become a millionaire.
He also said the “KN” one penny is slightly more valuable.
This coin is almost identical to the first coin mentioned, but instead of a “H” marking in the left corner, it has “KN”.
There appears to be no recent sale of this rare coin, but sellers have listed it on eBay for between £7 and £44.
And these are not the only 1p coins you should be keeping an eye on.
Back in February, a Queen Elizabeth II one penny, dated 1954 was selling for £90,000 at auction.
In 1954, no pennies were officially released for circulation.
But it’s believed a few were minted, resulting in merely a handful of 1954 pennies made.
How to spot rare coins and banknotes
Rare coins and notes hiding down the back of your sofa could sell for hundreds of pounds.
If you are lucky enough to find a rare £10 note you might be able to sell it for multiple times its face value.
You can spot rare notes by keeping an eye out for the serial numbers.
These numbers can be found on the side with the Monarch’s face, just under the value £10 in the corner of the note.
Also, if you have a serial number on your note that is quite quirky, you could cash in thousands.
For example, one seller bagged £3,600 after spotting a specific serial number relating to the year Jane Austen was born on one of their notes.
You can check if your notes are worth anything on eBay, just tick “completed and sold items” and filter by the highest value.
It will give you an idea of what people are willing to pay for some notes.
But do bear in mind that yours is only worth what someone else is willing to pay for it.
This is also the case for coins, you can determine how rare your coin is by looking a the latest scarcity index.
The next step is to take a look at what has been recently sold on eBay.
Experts from Change Checker recommend looking at “sold listings” to be sure that the coin has sold for the specified amount rather than just been listed.
People can list things for any price they like, but it doesn’t mean it will sell for that amount.
We explain further how you can find out if you have a rare coin worth thousands sitting around the house.
What are the most rare and valuable coins?
- Five rarest coins – do you have one?
- The 13 most valuable £2 coins in circulation
- How valuable are the rarest £1 coins?
- Most rare and valuable 50p coins in circulation
- Rare and most valuable 20p coins that could be worth up to £750
- Rarest 10p coins in circulation
- Rare 2p coins revealed
- How to check if you have a rare and valuable banknote