£1 coins with minting errors are selling for £200 - here's how to spot them

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A batch of £1 coins with minting errors are currently in circulation and could be worth as much as £200 per coin.

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The 12-sided coins featuring a golden border and silver centre have become commonplace since the original round gold coloured coins were replaced in October last year.

Today, however, a batch of the £1 coin's latest incarnation have been found to be completely gold in colour, devoid of a silver centre. The error appears to have occured when the new coin was stamped with an old £1 coin blank.

Up to £205

And now online collectors are looking to snap up the limited collection of coins.

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According to coin collector website Change Checker, the flawed coins are going for up to £205 on Ebay.

Only a limited amount of coins appear to be in circulation with the first of the all-gold coins being spotted in January.

***Stop Press***New £1 Minting 'error' discovered!https://t.co/cweN59w4J6 pic.twitter.com/738PxmuDam

— Change Checker (@ChangeChecker) January 31, 2018

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Another was taken to auction in February earlier this year, but it is unclear what price the coin fetched.

Given their unique appearance the coins are easy enough to spot - and if you are lucky enough to possess one of the coin fanatics Change Checker recommend sending suspected coins to The Royal Mint Museum who offer a free verification service. Typically the coins will be verified and sent back to you within a few days.

Once your coin has been confirmed as a genuine article you can either hold onto the coin for safekeeping or sell online and cash in.

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Scarce coins

According to Change Checker there are a number of scarcely available coins which could be worth more than the price emblazoned on them.

Kew Gardens 50ps can fetch a pretty penny (Photo: Shutterstock)

50 pence coins featuring Kew Gardens are among the rarest coins available selling for up to £91 on Ebay.

£2 coins featuring from the 2002 Commonwealth Games can make up to £15.

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