Rare £2 coin featuring two errors could be worth thousands - how to spot it

Beating the Kew Gardens 50p, the Atlantic Salmon 50p is now the scarcest in active circulation

A rare £2 coin could be hiding in your wallet or purse and it's said to be worth a staggering £1,000.

The coin features not one, but two errors which makes it incredibly valuable to collectors.

TikTok user @the.coin.seeker, who has just over 2,000 followers, recently highlighted the coin in a video.

They said: "There are two errors with the technology £2 coin.

"The first one is where you can see it's brass on the outside in colour, silver in the middle. Some of the blanks accidentally slipped into the minting process and they were minted like this."

They continued: "But they were all brass in colour so just one solid colour and it could be worth £1,000.

"The other one there is a rotation error by 45 degrees because of the dye slipping during the minting process."

According to the expert, this means the Queen's head should be somewhere else, then the date must be at the bottom of the piece.

They concluded there are "two errors to look out for which are worth thousands of pounds".

The £2 technology coin, first introduced in 1997, boasts an innovative bi-metallic design – a first in the history of British coinage.

The concentric circles design, crafted by Bruce Rushin, has been featured on £2 coins every year from 1997 to date.

A staggering 416 million were initially released back in the 90s, with the coin being issued annually until 2015, as per Change Checker.

This makes the odds of stumbling upon a rare version quite slim, but given the vast mintage, it's certainly not impossible.

The video garnered hundreds of likes and comments since it was posted.

One viewer commented: "I have one from 2011." Another responded with a string of grinning emojis.

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