June 30th, 2009

Public Service Broadcasting

Posted in Other Stuff by 200

Nothing to do with police, crime, politics or any of the other things I usually blog about, but more a public service to my readers kind of thing.

The Telegraph & other sources are reporting a cock-up on the money-producing front which might see thousands of us with a little bit of a cash bonus.

The new 20p piece’s design changed a little while ago & in so doing the Royal Mint made a bit of a fopar.

The design change put a fragmented image of the Royal coat of arms on the tails side & a new portrait of the queen on the heads side. In order to accommodate the new design the date was moved from the heads side to the tails. The problem was that a batch of between 50,000 & 200,000 20p pieces were minted with the old front & the new back which missed off the date completely.

Numismatists (I had no idea either) said the last time the Royal Mint left a date off a coin was 1672.

These coins are set to become collectors’ pieces & a company is already offering £50 a pop. One site predicts the coins may be worth up to £250 each in ten years time. One site reports that in 1983 the Royal Mint issued a two-pence coin which said “New Pence” instead of “Two Pence” which now sell for up to £200 each.

I’m off to check the whisky bottle with all our loose change in it.

20pence

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5 comments

  1. Fee says:

    Checked all of ours and …. none! Typical. I do have a fine, uncrushed sample of the Jack Nicklaus fiver which I’m hoping will be worth a bit in the future.

    Hope springs eternal.

    June 30th, 2009 at 12:29

  2. Blueknight says:

    A conspiracy theory is that it was done deliberately a way of increasing the money supply in a recession.
    Too much actual money in circulation can alter the actual worth of our money abroad, but if suddenly a few thousand 20p pieces are worth £50 each…..
    If this works, they will try it again.

    June 30th, 2009 at 21:47

  3. General Pyston Broak says:

    There are currently 2.3 billion 20p coins in circulation. More chance of winning the lottery.

    I also have a pristine Jack Nicklaus five pound note. Is it wrong to wish someone dead ?

    June 30th, 2009 at 23:24

  4. bill says:

    £50?

    Check this out…

    http://www.dailymail.co.uk/news/article-1196644/Rare-20p-coin-sells-7-100-eBay-thats-35-500-times-face-value.html

    July 1st, 2009 at 16:36

  5. Tony F says:

    General Pyston Broak says:

    ” Is it wrong to wish someone dead ?” No, I hope not, I have a list…
    Doing something about it may be construed as ill-advised though.

    July 1st, 2009 at 17:32

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