A ONE pence coin was sold for a pretty penny at auction after the owner realised it was a rare find.
The elusive 1933 piece was bought for a mighty £140k according to a coin expert on TikTok.
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Coin connoisseur and history enthusiast @CoinCollectingWizard shared details of the sale on his TikTok account where he has also collected 173.5k followers.
He said: “Usually these coins disappear into safes and are never seen again.
“So make sure you check your grandad’s old coin collection.”
In the video he describes how the digits on the penny makes it so valuable.
While there are other dates to look out for, there are only seven 1933 coins known to exist.
The last was sold for a staggering £140k and the collector predicts the next one to be found could be sold for even more.
What are the most rare and valuable coins?
At the end of the video that now has hundreds of saves he puts plainly: “Do you have this coin?
“If so you are rich.“
The iconic penny is now on display and attracts lots of visitors, the small change guru explained.
If you’re out of 1 pence pieces, you may still be in luck as there are plenty of other potential gems in your pocket.
The London 2012 Olympics Aquatics 50p coin with the face in the water was the original design before it was adapted.
These types of minting errors are what make the coins rare and valuable.
Similarly, the 1983 “New Pence Two-Pence” piece can be sold at a staggering £1.5k.
The coin’s wording converted from “New” to “You”, which saw the value sky-rocket all because of a change in three letters.
Whether taking them to auction or selling them from the comfort of your living room on eBay, the right find you could make you an absolute fortune.
After you check the back of the sofa, you can contact contact the British Numismatic Trade Association or get your new goods appraised by an expert.
The service may cost a percentage of the profit, but for the chance of making big change with small change, it might be worth it.
