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Daily Mirror
Daily Mirror
Business
Levi Winchester

Rare £2 error coin sells for £122 on eBay after bidding war - check your change

A rare £2 coin has sold for £122 on eBay - 61 times its face value - because of a huge error in its design.

The coin appears to have a misaligned centre, which means the silver-coloured middle part looks like it has bled into the outer rim.

The inner circle is supposed to fit perfectly in the centre of the coin.

All £2 coins are made with two metal rings - the outside is made from nickel-brass, while the inside is cupro-nickel.

Coins that have been made with mistakes on them are called "error coins" and are extremely valuable to collectors.

This is because it isn't often know how many are in existence - so it could be one of a kind, or one of only a few.

It isn’t clear how many coins like this particular £2 are in existence - but it sold for £122 on eBay, suggesting that it was sought-after by collectors.

The coin was listed for seven days on the auction site, with ten people bidding on it.

A total of 21 bids were placed and delivery was £6.85.

In the item description, the seller said the coin had been in circulation and was minted in 2014. You can see the eBay listing here.

Last week, The Mirror reported on another "misalignment" error coin after a minting mistake left a £1 coin looking like a fried egg.

This error coin sold for £257 after attracting 31 bids during a seven-day auction on eBay.

Do you have a rare coin in your collection? Let us know: mirror.money.saving@mirror.co.uk

You should always be wary and do your research first before buying any coin, as there are fakes floating around online.

Websites and Facebook groups from change experts like Coin Hunter can help you work out if a coin is the real deal or not.

You can also ask the Royal Mint to verify coins.

If you're selling a coin, be aware that there isn't a guarantee for how much you could get on eBay unless you set a reserve price.

Coins are really only worth what someone is willing to pay for them.

For more coins that could be worth a fortune, we've got a guide on the rarest error coins that could be worth up to £3,100.

Another coin to watch out for is this bizarre 20p with no date on - it can fetch up to £60 on eBay.

And this rare version of a £2 coin launched to mark the centenary of the First World War could be worth up to £500.

Meanwhile, a coin expert said how this HG Wells £2 coin could be worth up to £1,000 due to a minting error.

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