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Window cleaner discovers his £1 coin is worth £3,000

Birmingham Mail logo Birmingham Mail 8/07/2017 James Rodger
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A window cleaner unknowingly had a £1 coin in his pocket - worth a jaw-dropping £3,000.

Coin mad Richard Bird, from Hull, discovered the new £1 coin last month which had 2016 on one side, and 2017 in micro-inscriptions around the edge of the reverse.

According to the Hull Daily Mail, Mr Bird reckoned the coin may be valuable because of the error - and the Royal Mint have now confirmed as much.

Valuers have estimated the rare coin could fetch Mr Bird an eye-watering £3,000.

Not a bad sum for your spare change, eh?

The collector said he now plans to sell the coin on, rather than add it to his collection which he claims is worth around £15,000.

He said: “It’s been confirmed that it is what I thought it was.

"The people from the Royal Mint have seen it and saw it as a genuine and are now investigating how it got into circulation.

“A couple of others have claimed to have similar coins, but according to Change checker no-one else has proved it yet.

“After it was verified I was then able to get it valued, and I was told it could be worth about £3,000.

“I’ve got a collection which I think is worth about £15,000.

"I’d love to do it professionally, but I think it’s a nice side project to do alongside the window cleaning.

“I just check all my coins I circulate and spotted the mistake.

“Surely it can’t be the only one like it.

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"They’ve made the fault so there must be more like it, but people just have to spot it.

“But there definitely won’t be a large amount.

"There are so many collectors that others would have been confirmed by now otherwise.

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“I think I will sell it.

"I mainly got into collecting so I could get commemorative stuff that my daughter would be able to keep.

"Last year I bought some Beatrix Potter collection coins for around £60 each.

"The Peter Rabbit one is already selling for £550.

“They are good long term investments, but I think I will probably just cash in on this at some point.

"I will probably auction it off with a £3,000 reserve.”

In a letter, the Assistant Curator at the Royal Mint said: “The Royal Mint produces around five billion coins each year and we have strict quality controls in place.

“Our robust quality checks were successful in highlighting a fault in a small batch of coins.

"These coins were removed before they entered circulation and, therefore, we are investigating how this coin got into the public domain.

“We are committed to producing a consistently high standard of coins and thank you for bringing this our attention.”

The 24 £1 coins worth far more than a quid - do you own any? (Lovemoney click image below to check)

Are your coins worth a mint?: The round £1 coin is disappearing soon and some versions are already becoming collector's items. Here's a rundown of valuable £1 coins, based on blog Change Checker's £1 Scarcity Index. It ranks coins from 1 to 100: the higher the rating, the more valuable the coin is likely to be. For those looking to buy one of these coins as an investment, a quick word of warning: you'll be paying a lot more than face value for them, but there's no guarantee they'll retain their value in years to come. The £1 coins worth more than their face value

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