£1 Coin Minting Error ‘Confirmed’

Rumours of the Dual-Dated £1 Coin appear to have been confirmed in the national press today.

Although we haven’t seen the coin ourselves, we’ve spoken to the collector claiming to be in possession of one and seen a number of images, leading us to believe that he has found a genuine error.

The error in question is a 12-sided £1 coin with two different dates – 2016 on the obverse and 2017 micro engraved on the reverse.

The Dual-Dated £1 feature the dates 2016 on the obverse and 2017 on the reverse

So, what everybody wants to know is, “what is this coin worth?”

At this stage it’s difficult to answer with any certainty. The error is very hard to spot with the naked eye and there is currently no indication as to how many of these error coins have been struck.

Probably the best example to compare it to is the 2008 undated 20p where there was an initial spike in interest and some coins sold for an inflated price in the thousands. However, this did settle down fairly quickly and today you’d expect to pick one of these up for between £50-75.

What is clear, is that this appears to be a genuine error and as such considerably more collectable than many of the mis-strikes and tampered with £1 coins that have recently appeared online.

Have you found a Dual-Dated £1 coin?