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'SILVER' PENNY COIN COULD BE RARE ERROR
This September 7, 2017 story from the Mirror describes an unusual coin found by a man in Wales that may be a rare mint error.
-Editor
After finding his coin, Stephen, 35, from Wales, decided to stash it away - however now he believes it could be worth a mint. Elizabeth Beckford, at Chards, the world's biggest buyer of gold and silver told Mirror Money that while the coin will need to be tested and valued for accuracy, there's belief it could be worth anything up to £2,000 or more because of its rarity. "This 2011 penny may be an error coin which missed the copper-plating process. Exactly 431,004,000 pennies were released into circulation in 2011, so it is possible that some coins with striking errors were missed during quality control. However, we have not heard of any similar steel pennies so this may be an exciting find! "It may also be a penny which was issued as a commemorative 'lucky' silver coin by the Royal Mint. These sterling silver pennies were issued as gifts for new babies and christenings. These coins were not meant for circulation but occasionally they are removed from the packaging and are used in change.
While it's silver colored, it doesn't look like it's actual silver. Could well be a wrong planchet error. I'll keep an eye out for a follow-up story.
Tales like this in the popular press can help boost interest in coin collecting (whether they're accurate or not...)
-Editor
To read the complete article, see:
I asked reader David Pickup of the UK for his thoughts.
-Editor
David Pickup writes: It is possible that it is a genuine silver penny that has got into circulation by mistake. As you will see these are common and only worth £10 or so. The other explanation is it was issued without the cladding. This is unlikely but possible. However, in this country error coins are not really much in demand. If you look at eBay there are lots of error coins which sell for less than £20.00. A friend of mine who is a dealer thinks it might be worth £80 to £100, certainly not £2,000.00.
David also provided this link to an eBay sale of the silver penny product. Thanks.
-Editor
To read the complete article, see:
Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum All Rights Reserved. NBS Home Page Contact the NBS webmaster 
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