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Hidden ‘2017’ Engraving on 2016 £1 Coins Could Be Worth £500

Experts urge the public to examine 12-sided coins under magnification to spot a tiny rim engraving that drives market value

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Overview

  • A limited die-error in coins minted in 2016 ahead of the April 2017 launch left a micro-engraving reading ‘2017’ on the rim while the main date remains ‘2016’.
  • The micro-engraving is nearly invisible without a microscope or strong magnifying glass and must be inspected just inside the rim of the design side.
  • Change Checker values error coins in excellent condition at between £300 and £500 based on recent expert estimates.
  • One of these error coins sold for £2,500 to a collector in Spain in 2017, underscoring strong demand among numismatists.
  • Collectors and experts continue to encourage anyone with 2016-dated £1 coins to scrutinize their change closely for this rare variant.