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Rare 1945 silver three pence coin that could be hiding in your wallet sells for staggering £62k at auction

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2024-06-19 09:02:01657browse

The silver three pence had become so unpopular by 1945 and the mint had already changed them in 1937 to the bigger, heavier 12-sided nickel brass three pence.

Rare 1945 silver three pence coin that could be hiding in your wallet sells for staggering £62k at auction

A rare coin could be stashed away in your wallet and it might just be worth a small fortune.

Designs on certain coins can fetch a surprising amount, depending on their mintage and circulation. It's always best to give them a once-over as some coins with minting errors can sell for thousands.

Now, TikTok user @CoinCollectingWizard has revealed a specific coin which recently sold for a staggering £62,000 and it might just be lurking in your collection.

READ MORE: Three rare coins could turn you '100% rich' – including 1p fetching for £100k

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The 1945 silver three pence was recently spotted by an eagle-eyed collector, proving that "you can find rare coins out there".

In the video, the user explained: "The silver three pence had become so unpopular by 1945 and the mint had already changed them in 1937 to the bigger, heavier 12-sided nickel brass three pence.

"But the silver three pence were still being made alongside the brass version. In 1945 the silver coin's final year, a mintage of 371,000 pieces was apparently deemed redundant because of public acceptance of the nickel brass version and was ordered to be melted down."

The coin enthusiast claimed its silver was then used to make other mint products, though some "escaped their fate". Now these have been discovered in random collections around the globe and "might just be sat in your coin jar".

He added: "The most recent one found went for £62,000 at auction."

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Since the video was posted, it has garnered over 200 likes and numerous shares. One viewer praised: "Awesome video mate," while another shared: "Wow my 94-year-old granddad has a silver one."

After the Second World War, the three pence coin was set to be changed from silver to a cheaper brass material. But in 1945, a batch of silver three pences were still accidentally minted.

The coins were supposed to be melted down but some managed to slip through the net and now sell for thousands at auction.

If you're lucky enough to have one stashed away, it could be time to cash in. Get searching!

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News source:https://www.kdj.com/cryptocurrencies-news/articles/rare-silver-pence-coin-hiding-wallet-sells-staggering-k-auction.html

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