Rare 20p coin with spectacular error fetches for eye-watering sum at auction

A rare coin with a "spectacular error" is every collectors' dream right now after selling for a fortune at auction.

The 20p, which was minted in 1990, had been created for British overseas territory before being pulled from circulation.

It was struck in copper-plated steel blank but came in poor quality.

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Now due to its error, the coin sold for £1,400 at Tennants Auctioneers in Harrogate, North Yorks., on Wednesday.

It is believed collector Alun Barker picked up the one-of-a-kind piece on eBay in December 2017 for just £50.

A few months later in January in 2018, the coin was confirmed as genuine by The Royal Mint.

Specialists Tennants had expected the disfigured money to reach at least £1,200 when it went under the hammer.

The sale also included several other impressive pieces of currency, including the "Coronation" gold proof set.

Also there was a rare Pattern Crown coin from 1966, designed by Anthony Foley which sold for £2,300.

A Charles III four-coin gold proof set, minted in 2022 to mark Queen Elizabeth II passing, also went for £1,400.

It comprised a double sovereign, sovereign, half sovereign and quarter sovereign and was one of only 750 sets.

The coins were housed in a Royal Mint box of issue with an accompanying booklet and certificate of authenticity.

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Following the sale, Tennants Auctioneers' Coin Cataloguer Will Dobbins was impressed with how well the money sold.

He said: "This was a really good sale overall, selling 98% of the lots offered.

"We were delighted to achieve such strong results for our vendors. Of particular interest was a 1966 Pattern Crown.

"Minted in sterling silver, it was designed by Anthony Foley and was one of only 100 struck.

"It exceeded the presale estimate of £1,000-£1,500 to achieve a hammer price of £2,300."

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