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The E-Sylum: Volume 19, Number 52, December 25, 2016, Article 29

ARTICLES HIGHLIGHT 1983 TWO PENCE ERROR
Dick Johnson forwarded this article from the Daily Mail, which discusses the 1983 2p "New Pence" error. Thanks. -Editor

2p New Pence error coin

Rare two pence coins produced in 1983 could be worth thousands of pounds.

Experts believe the copper's value could soar after one of them sold on Ebay for £100.

The news will likely push cash-strapped Christmas shoppers to scour their homes for the rare coin - in a similar rush to find the valuable new £5 notes.

The coins are worth so much because of a production error. From 1983 all 2p coins should have been printed to say 'two pence' but an error caused thousands to say 'new pence'.

The valuable coins, known as the '1983 New Pence 2p coin', are worth hundreds of pounds and could fetch thousands in the future.

Philip Mussell, director of Coin News, explained to the Mirror how some coin's worth soars: 'One is when a mistake is made by the Royal Mint, like a 20p without a date, for example, or a 1983 2p coin accidentally printed with the old wording "New Pence". Mistakes are eminently collectable.

'Other collectibles are redesigns or limited edition releases. For example, an Olympic 50p with a swimmer was recently re-released.'

He said the time to sell and make the most money was when interest in the coin increases because of media attention.

To read the complete article, see:

Time to shake out the piggy bank! '1983 New Pence 2p coin' could be worth THOUSANDS thanks to an error during production (www.dailymail.co.uk/news/article-4049058/Time-shake-piggy-bank-1983-New-Pence-2p-coin-worth-THOUSANDS-thanks-error-production.html)

David Pickup forwarded this article from MSN Money which discusses the 1983 2p but also other valuable circulating coins. Thanks. -Editor

2p New Pence error coin2

It's not just polymer £5 notes with rare serial numbers that could be worth a fortune. A valuable two pence piece has just sold on eBay for £100 - and you could well have one in your piggy bank.

David caught the mistake in the Daily Mail article, where it says the coins were "printed" rather than "minted". I caught that, too. It can be painful to read numismatic articles in the general press, but I'll take botched terminology over no hobby publicity at all. -Editor

To read the complete article, see:

The rare New Pence 2p coin that's worth a fortune - because of this miniscule error (www.msn.com/en-gb/money/personalfinance/the-rare-new-pence-2p-coin-thats-worth-a-fortune-because-of-this-miniscule-error/ar-BBxmMhs)
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Wayne Homren, Editor

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The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.

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