How to spot the new £1 coins which could be worth over £100
Have you got one?
On 28th March the new 12-sided £1 coins were released and of course it hasn't taken long for some 'special' ones to be noticed.
According to Alex Cassidy, from GoCompare's Coining It In, there are a few new pounds that are potentially worth a lot more than their face value.
He told Mirror.co.uk that because the coin is made up of two different metals there could be 'dye errors' causing the parts of the coin to misalign.
For example, Alex said you should look at the floral crown on the back of the coin to see if there are any rotations. The Queen's head should also sit directly above the new bevelled edge, so if it doesn't the coin could be worth more than £1.
Last year over 200,000 coins were sent out as test coins and are not legal tender, however they have been spotted on eBay selling for over £70. Last month one eBay user reportedly sold his trial coin for around £200!
Alex explained that the £2 trial coins from 1994 have become one of the most sought after collectable coins in the UK and the £1 trial coins have the potential to do the same.
The new 12-sided £1 coin was introduced as these days one in 30 £1 coins is counterfeit. The coin was designed by 15-year-old David Pearce who won a competition. It includes the English rose, Welsh leek, Scottish thistle and Northern Irish shamrock.
David Pearce © PA Images
You have until the 15th October to use any existing round pounds.