Is your pound worth a mint?
THE old pound coin is on its way out but don’t rush to get rid of them just yet.
Experts say some of them could be worth a bit more than £1.
Some designs of the socalled round pound could be worth up to £16.
On October 15, it will no longer be legal tender in shops.
After that date the only thing you’ll be able to do with it is trade it for a new one at your local bank or post office.
But, while the Treasury is warning consumers to get spending - or swapping - money experts say there are some old editions that you shouldn’t get rid off - as they could be worth up to 16 times more than face value.
Here are ChangeChecker’s five round pounds that shouldn’t be swapped, traded or spent, reports the Mirror.
1. THE SCOTLAND: EDINBURGH CITY £1 COIN
The Edinburgh City £1 coin was released in 2011 with a mintage of just 935,000, making it the least circulated round pound by far.
Such is the rarity that only 17% of ChangeChecker coin collectors have ever spotted one in their change.
According to the website, this coin cur- rently sells for between £12 and £16.
How much we found it for on eBay: On 16 July, one of these coins sold for £12 on eBay after ramping up nine bids. Various other sellers have sold theirs for upwards of £8.
2. THE WALES: CARDIFF CITY £1 COIN
Another of the capital cities series, the Cardiff City £1 coin is definitely one to keep.
Released in 2011, this coin has a mintage of just 1,615,000 and is second in ChangeChecker’s Scarcity Index (which measures rarity) with a score of 88 of 100.
This coin depicts the circular Coat of Arms of Cardiff as the principal focus to represent Wales. This coin is worth between £11 and £15. How much we found it for on eBay: Last month, this coin sold for £9.57 on eBay which suggests it might be worth holding on to it for a little while yet.
3. THE LONDON CITY £1 COIN
The third coin from the capital cities series that you should hold on to is the London City £1 coin. Interestingly, the Belfast City edition does not make the cut.
Released in 2010, this coin has a mintage of 2,635,000, much higher than Edinburgh and Cardiff but low in comparison to other £1 coins.
London City scores an impressive 77 out of 100 in ChangeChecker’s Scarcity Index.
This coin can sell for between £5-£8.
How much we found it for on eBay: This coin might actually be worth more than expected, with collectors paying up to £10.37 for it on eBay .
4. THE SCOTLAND: THISTLE AND BLUEBELL £1 COIN
The Thistle and Bluebell £1 coin was released in 2014 as part of the floral emblems series. It has a mintage figure of 5,185,000 and scores a
55 in the Scarcity Index, coming in fourth place.
This coin features a thistle alongside a bluebell to represent Scotland. It’s said to be worth between £3 and £5.
How much we found it for on eBay: If it’s your lucky day, you might be able to flog this one for up to £3.62 on eBay , just like one seller did last month.
5. THE UK: CROWNED SHIELD £1 COIN
The UK Crowned Shield £1 coin was released way back in 1988, only five years after the round £1 came into circulation.
Although it has a relatively high mintage figure of 7,118,825, this coin makes the list due to some interesting Change Checker App data.
It scores a 51 in its Scarcity Index but less than a quarter of ChangeChecker users have ever found one - in fact, swap requests outnumber swap listings by six to one.
It’s said to be worth between £3 and £5.50.
How much we found it for on eBay: This month, two of these coins sold for £5 on eBay with just two bids!