The £1 coin, which features King Charles III on the front, must have this specific error to be worth lots of money to collectors.
Brits are being encouraged to rummage through their wallets and coin collections for a rare error £1 coin that has recently entered circulation. The coin, which bears the image of King Charles III and is notable for its unique bee design on the back, could fetch over £1,000 if it features a particular minting mistake.
The sought-after error coin will be completely gold in colour, instead of having a gold border with a silver-coloured centre. The expert elaborated: "They noticed an all gold pound coin that had clearly been minted by mistake. Our 12-sided one pound coins are supposed to be gold only around the edge, with a circular silver cupronickel part in the middle."
"They sell potentially for hundreds of pounds, due to their rarity and also the fact that they should not even exist in the first place. The exact price this would sell for is unknown. But an estimate of £500 plus seems fair. If it goes to auction, who knows it could reach over £1, 000 if someone really wants this rare coin in their collection."
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