One of the rarest coins ever, the bronze 20p coin is dated 1987. The Royal Mint said it was the result of an extremely rare minting error, with a blank 1p somehow finding its way into the presses. Some rare coins, including these 15, can be worth a nice chunk of change. 2008 UNDATED 20P COIN. In November 2008, the Royal Mint misprinted somewhere between 50,000 and 250,000 20p pieces. The 20p was first issued in 1982 and has proved a popular denomination, being struck in large numbers ever since. Five different obverses and two reverses have been used to date. In 2008 an error (undated) coin known as a ‘mule’ was made using mis-matching obverse and reverse dies. Specifications are shown at the bottom of this page. A rare 1985 Irish 20p coin sold for €7,200 and was the top lot at Whyte’s History auction in Dublin last Saturday. Regarded as one of Ireland’s rarest coins, it had an estimate of €5,000.
The error coin could be worth up to £750 – but it’s not just that 20p coin that could be worth a small fortune.
Unlike 50p and 10p coins, the 20p design has remained almost the same since it was first minted back in 1982, making only a handful of them actually valuable to a collector.
The coins that are worth the most are “mule” ones which have been minted with inaccuracies on them by mistake.
It’s not just 20p coins issued by the Royal Mint that are popular either, with ones made in the Channel Islands and Gibraltar also turning a profit online.
We’ve put together a round-up of the most valuable 20p coins – so keep your eyes peeled. Here’s what to look out for:
Bronze 20p coin – £750
One mistake turned the normally silver 20p bronze, after being struck onto a 1p blank that had slipped into the wrong batch.
These are super rare and aren’t specific to any year, although one from 1987 did crop up which coin site ChangeChecker ended up giving away as a prize.
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Coin enthusiast Colin Bellamy, who runs Coin Hunter, has valued these coins at £750 each.
We’ve had a look online to see how much these error – or “mule” – coins sell for but it doesn’t look like there are any currently available on sale.
They truly are a rare find which could make them worth even more.
2008 20p coin without a date – £225
Back in 2009, the Royal Mint accidentally issued up to 200,000 20p coins without a year stamp, making it the first coin in 300 years to be released in circulation without a date.
The coin was circulated after the reverse of each denomination from 1p to £1 was redesigned back in 2008, bringing the date to the “heads” side.
One of these coins sold in November last year for a whopping £224.81, although most of them sell online for around £70.
Look out for the missing date on the side with the Queen’s head.
What are the most valuable error coins?
1983 New Pence 2p coin worth up to £1,250
All 2p coins minted between February 1971 and 1982 should say “new pence” on the front, while those released after this date say “two pence”. But in 1983, a glitch meant a batch of 2p coins were printed with the old wording on them making them valuable to collectors.
Silver 2p (1971 to 1992) worth up to £1,000
These coins were accidentally struck on silver and can be easily mistaken for a 10p. James Weller from Kent found one in his change at home. He hasn’t sold it yet, but if it sells for anything like other silver 2p coins, then it could be worth more than £1,000.
All zinc £2 coin worth up to £800
The rare Standing on the Shoulders of Giants £2 coin has only been stamped on nickel brass, rather than on two types of metal – nickel brass and copper zinc. Approximately 10,270,000 of these types of coins were issued for circulation in 2007.
Rare 20p Coins Keys
Bronze 20p worth up to £750
One of the rarest coins ever, the bronze 20p coin is dated 1987. The Royal Mint said it was the result of an extremely rare minting error, with a blank 1p somehow finding its way into the presses and ending up with a 20p struck onto it.
London 2012 Olympics Aquatics 50p first design worth up to £1,500
Not technically a printing error, this coin was originally minted with water passing directly over the swimmer’s face, but it was later modified to include less water so you can see the swimmer more clearly. Experts have valued this one to be worth between £1,000 and £1,500.
Gibraltar and the Channel Isles
It’s not just sterling issued in the UK that is worth more than face value – special edition 20p coins from Gibraltar and the Channel Isles can also be valuable to collectors.
While they’re not worth quite as much, you can still make a profit if you’re willing to part with one.
It’s worth pointing out that these coins aren’t likely to turn up in your change as UK businesses don’t tend to accept sterling issued by any provider other than the Royal Mint.
But if you’ve visited one of the islands and still have change in your pocket then it’s worth checking for valuable coins.
Isle of Man 20p – £13.50
The Rally Isle of Man – or Manx International Rally as it used to be known – is an annual racing competition that’s been running since 1979.
It’s celebrated on a number of coins, including the Suburu and Ford 20p piece.
One of these sold on eBay early this year for £13.50 after attracting nine bidders – that’s 67 and a half times its original value.
Guernsey 20p – £5
The State of Guernsey began issuing its own designs on coins in 1982 and they are still issued today.
While they’re not rare, you can make a small profit by selling the coin online where they sell for around a fiver.
Gibraltar 20p – £2.50
The most valuable 20p coin from “the rock” is the Keys of Gibraltar design worth around £2.50 on eBay, which is 12 and a half times it’s original value.
They’re not rare – they were first minted in 2005 and are still available today.
The design celebrates the ancient tradition of when the city would lock its four gates during a storm to protect it from the raging sea.
Earlier this week, the Royal Mint reissued a special edition set of 50p coins – including the rare Kew Gardens design – that sold out within hours.
We reveal the rarest 2p coins that are in circulation – and some could be sold on for hundreds.
There are 37 different £2 coin designs currently in circulation, and some of the rarest are worth up to 20 times face value – £40.
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Rare 20p Coins 2005
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| Value | 0.20 Pound sterling |
|---|---|
| Mass | 5.0 g |
| Diameter | 21.4 mm |
| Thickness | 1.7 mm |
| Edge | Plain |
| Composition | Cupro-nickel (1982–present) |
| Years of minting | 1982–present |
| Obverse | |
| Design | Queen Elizabeth II |
| Designer | Jody Clark |
| Design date | 2015 |
| Reverse | |
| Design | Segment of the Royal Shield |
| Designer | Matthew Dent |
| Design date | 2008 |
The British decimal twenty pence (20p) coin – often pronounced 'twenty pee' – is a unit of currency equal to 20/100 (or 1/5) of a pound sterling. Like the 50p coin, it is an equilateral curveheptagon.[1] Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 9 June 1982.[1] Four different portraits of the Queen have been used; the latest design by Jody Clark was introduced in 2015. The second and current reverse (as of 2019), featuring a segment of the Royal Shield, was introduced in 2008.[1]
As of March 2014 there were an estimated 2,765 million 20p coins in circulation, with an estimated face value of £553.025 million.[2] Of this estimated number, between 50,000 and 200,000 of these coins are undated mule coins minted in 2008 after the dies for the old and new designs were accidentally mixed up during the minting process.
Beyond the usual commemorative versions, no 20 pence coins were minted for general circulation in 2017. This was because the concurrent introduction of the new version of the one pound coin had put enough 20 pence (and two pound) coins back into circulation, as people emptied coin jars primarily for the older one pound coin that was due to be withdrawn.[3]
20p coins are legal tender for amounts up to the sum of £10 when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions.
Design[edit]
The original reverse of the coin, designed by William Gardner, and used from 1982 to 2008, is a crowned Tudor rose, with the numeral '20' below the rose, and TWENTY PENCE above the rose.
To date, three different obverses have been used. On coins minted before the 2008 redesign, the inscription is ELIZABETH II D.G.REG.F.D..[4] Coins minted after the 2008 redesign also have the year of minting on the obverse.
Like all the new decimal coins introduced in 1971, until 1984 the portrait of Queen Elizabeth II by Arnold Machin appeared on the obverse,[5] in which the Queen wears the 'Girls of Great Britain and Ireland' Tiara.
Between 1985 and 1997 the portrait by Raphael Maklouf was used,[5] in which the Queen wears the George IV State Diadem.
From 1998 to 2015 the portrait by Ian Rank-Broadley was used,[5] again featuring the tiara, with a signature-mark IRB below the portrait.
As of June 2015, coins bearing the portrait by Jody Clark have been seen in circulation.
In August 2005 the Royal Mint launched a competition to find new reverse designs for all circulating coins apart from the £2 coin.[6] The winner, announced in April 2008, was Matthew Dent, whose designs were gradually introduced into the circulating British coinage from mid-2008.[7] The designs for the 1p, 2p, 5p, 10p, 20p and 50p coins depict sections of the Royal Shield that form the whole shield when placed together. The shield in its entirety was featured on the now-obsolete round £1 coin. The 20p coin depicts the meeting point of the second and fourth quarter of the shield, showing the lions rampant of Scotland and the lions passant of England. The date no longer appears on the reverse of the coin, and has instead been added to the obverse, where the lettering has been adjusted so as to fit the date in.
Status as legal tender[edit]
20p coins are legal tender for amounts up to and including £10.[8][9] However, in the UK, 'legal tender' has a very specific and narrow meaning which relates only to the repayment of debt to a creditor, not to everyday shopping or other transactions.[10] Specifically, coins of particular denominations are said to be 'legal tender' when a creditor must by law accept them in redemption of a debt.[11] The term does not mean - as is often thought - that a shopkeeper has to accept a particular type of currency in payment.[10] A shopkeeper is under no obligation to accept any specific type of payment, whether legal tender or not; conversely they have the discretion to accept any payment type they wish.[9]
Dateless coin[edit]
An unusual accidental dateless version of the 20 pence was reported to be in circulation in June 2009, the first undated British coin to enter circulation in more than 300 years. This was the result of the production of a mule, i.e. a version of the coin with a non-standard combination of obverse and reverse face designs. The fault occurred as a result of the 2008 redesign of UK coinage, which moved the date on a 20 pence from the reverse to the obverse (Queen's head side), and a batch of coins were produced using the tooling for the obverse of the old design and the reverse of the new design. The Royal Mint estimated that between 50,000 and 200,000 entered circulation before the error was noticed. The Royal Mint stated that these coins were legal tender, although due to their rarity they are traded at above face value by collectors. Following publicity about the coins, they were initially traded on eBay for several thousand pounds, although an eBay spokesman was unable to confirm if an accepted winning bid of £7,100 for one coin had actually been transacted.[12]In June 2011 they trade at around £100.[13]
Mintages[edit]
Machin portrait
- 1982 ~ 740,815,000
- 1983 ~ 158,463,000
- 1984 ~ 65,350,965
Maklouf portrait
- 1985 ~ 74,273,699
- 1986 ~ none
- 1987 ~ 137,450,000
- 1988 ~ 38,038,344
- 1989 ~ 132,013,890
- 1990 ~ 88,097,500
- 1991 ~ 35,901,250
- 1992 ~ 31,205,000
- 1993 ~ 123,123,750
- 1994 ~ 67,131,250
- 1995 ~ 102,005,000
- 1996 ~ 83,163,750
- 1997 ~ 89,518,750
Rank-Broadley portrait
- 1998 ~ 76,965,000
- 1999 ~ 73,478,750
- 2000 ~ 136,428,750
- 2001 ~ 148,122,500
- 2002 ~ 93,360,000
- 2003 ~ 153,383,750
- 2004 ~ 120,212,500
- 2005 ~ 124,488,750
- 2006 ~ 114,800,000
- 2007 ~ 117,075,000
- 2008 ~ 11,900,000
Matthew Dent design
- 2008 ~ 115,022,000 (the dateless coin is included in this mintage)
- 2009 ~ 121,625,300
- 2010 ~ 112,875,500[14]
- 2011 ~ 191,625,000
- 2012 ~ 69,650,030
- 2013 ~ 66,325,000
- 2014 ~ 173,775,000
- 2015 ~ 63,175,000 (4th Portrait)
Jody Clark portrait
- 2015 ~ 131,250,000 (5th Portrait)
- 2016 ~ 212,625,000
- 2017 ~ 0 (zero)[3]
- 2018 ~ 0 (zero)
- 2019 ~ 125,125,000
References[edit]
- ^ abc'Twenty Pence Coin'. The Royal Mint Limited. 2015. Retrieved 3 February 2015.
- ^'Twenty Pence mintage figures (20p)'. Royal Mint. Retrieved 14 June 2019.
- ^ abKevin Peachey (10 May 2019). 'Why the Royal Mint stopped making 20p coins'. BBC News. Retrieved 2019-05-23.
- ^Clayton, Tony. 'Decimal Coins of the UK – Bronze'. Retrieved 2006-05-24.
- ^ abc'1p Coin'. British Royal Mint. Archived from the original on 2006-04-27. Retrieved 2006-05-23.
- ^'Royal Mint seeks new coin designs'. BBC News. 17 August 2005.
- ^'Royal Mint unveils new UK coins'Archived 2008-09-07 at the Wayback Machine, 2 April 2008
- ^'Coinage Act: Section 2', legislation.gov.uk, The National Archives, 1971 c. 24 (s. 2)
- ^ ab'What are the legal tender amounts acceptable for UK coins?'. The Royal Mint. Retrieved 9 April 2020.
- ^ ab'What is legal tender?'. Bank of England. Retrieved 2019-05-05.
- ^'Legal tender'. Collins. Retrieved 9 April 2020.
- ^Wentworth, Jo (1 July 2009). 'eBay frenzy as undated 20p sells for £8k'. Totally Money. Retrieved 8 July 2009.
- ^'London Mint Office'. Archived from the original on April 16, 2013. Retrieved October 21, 2011.
- ^'Twenty Pence coin mintage figures'. The Royal Mint. Retrieved 8 November 2019.