Coin Expert Warns of Rare 1983 2p Coin

Brits are encouraged to check their spare change for a rare 1983 two pence coin that could be worth around £1,000 to collectors. This particular coin is notable for its inscription of 'new pence' instead of 'two pence' on the reverse side, a minting error that occurred when the Royal Mint accidentally produced some coins in 1983, after the design had changed in 1982. Expert Coin Collector UK explained that while millions of other 2p coins were minted, only a small number of the 1983 version exist, making it highly sought after. The expert noted that fewer than a thousand of these coins may still be in circulation, and they typically sell for approximately £800 to £1,000 at auction. Interested collectors can find uncirculated sets featuring this rare coin available for purchase at higher prices, such as £1,250. Those lucky enough to find it are advised to sell at auction for the best value.