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For those sitting on a stash of change, it might just be time to rifle through your coin collection – certain rare coins are fetching staggering sums well beyond their nominal value. Startlingly, there’s one penny in circulation deemed worth a breathtaking £100,000.
TikTok’s @CoinCollectingWizard, who has amassed a whopping 215,000 followers for his numismatic insights, recently dropped some knowledge in a clip where he cautions about the risks of cleaning coins—a process that can diminish their value. In his TikTok video showing what seems like a jaw-dropping 1933 penny valued at £100,000, the coin enthusiast explains: “The 1933 penny is probably the rarest penny out there with only seven known to exist.”
He then clarifies that the piece featured in the video is a mere imitation of this exceptionally scarce coin, noting that these pre-decimal pennies from the UK aren’t circulating anymore and there are numerous dates to watch for. He asserts, however, that when it comes to value, not much can rival the “almighty 1933 penny worth over £100,000” – an allusion to the legendary 1933 George V penny.
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This 1933 George V penny captures the interest of collectors due to its rarity and significant estimated value. With just six or seven coined, they’re seen as exceedingly rare, crafted as pattern coins by The Royal Mint — not intended for public use but rather placed beneath new buildings laid in 1933, reports the Mirror.
The 1933 penny, a rare gem in the coin collecting world, bears the likeness of George V on its head with Britannia featuring on the reverse. These coins often get confused with others due to their similar design.
A viral TikTok video has sparked excitement with comments like “I have that one,” proving just how common forgeries and replicas can be. It’s essential to authenticate such finds—so if you think you’ve got a piece of this numismatic history, get in touch with an expert for a proper valuation.
Good luck on your coin quest!
