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Rare 2p sells for staggering £800
Coin Collecting News

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A RARE silver two pence coin has raised more than £800 for a hospital after it was spotted in a collection box for unwanted currency

Rare 2p sells for staggering £800

The collector's piece inscribed with the words ‘new pence’ was recognised by volunteer Becky Jennings, who was sorting through donations at the Royal Berkshire Hospital in Reading. The coin is one of a number produced in 1971 after an error was thought to have been made during the minting process.  The proceeds from the collection go to the The Royal Berks Charity, which is used to fund vital equipment for the hospital.

After being found, the unusual two-pence coin was put on auction website eBay and sold for £802.03.

The coin was among those produced between 1971 and 1981 which are emblazoned with the words ‘new pence’ instead of “Two Pence”. Silver-coloured coins can be mistakenly struck if a cupro-nickel blank is left inside a barrel during the minting process.

In 1971 when decimal currency was introduced, all coins (½p, 1p, 2p, 5p, 10p, 50p) had the denomination in words including the word ("NEW").

 

 
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