eBay is the world’s biggest online marketplace, full to the brim of collectable items.
Among those items are a plethora of rare and valuable British coins, with many currently still in circulation.
One coin that has been listed on eBay is a rare £1 coin with minting errors, selling for a staggering £3,000.
The coin was listed yesterday by eBay user “rar98rafal”, who boasts 100 per cent positive feedback.
Putting the coin up for auction, the seller titled the listing: “New £1 Coin With Rare Mint Strike Errors Collectable 2016 One Pound Coin [sic]”.
The description gives away a little more detail, reading: “Rare 2016 12 sided one pound coin in circulated condition.”
The coin was listed by the London-based seller on a 10-day auction, with the starting bid £3,000.
Despite listing the coin as having “minting errors”, the exact detail of the errors were not detailed on the listing.
The 12-sided £1 coin was minted in 2016, and designed to combat fraud due to two different coloured metals and a hologram underneath the Queen’s effigy.
According to the Royal Mint, many of the old one-colour £1 coins are fake.
The new £1 coin was designed by David Pearce, and features rose, leek, thistle and shamrock encircled by a coronet.
Half a billion of the new £1 coins were minted in 2016.
Production rates increased when the coin was finalised in 2017, with the coin proclaimed by the Royal Mint to be the most “secure” coin in the world.
The faster rate of production and amount of coins being minted led to mistakes being made in minting.
Many coins were misprinted or featured minting defects, often selling for sky-high prices on eBay.
Last month another rare £1 coin was spotted selling for a staggering £6,000 on eBay.
The coin was listed on eBay by seller “naonaom.xhhvq8f”, who is based in Westerham and boasts 100 per cent positive feedback.
Going for a hefty “buy it now” price of £6,000, the coin was listed on the site as a: “2016 DATED £1 POUND COIN RARE”.
It turns out that half the amount of new £1 coins minted in 2017 were minted in 2016, making them hard, but not impossible to come by.