1983 Royal Arms £1 coin being sold on eBay for £2,500

The coin, which dates to 1983 according to sale material, is being offered for £2,500 or the best offer on the online retail platform eBay.

A rare £1 coin, which could be worth up to £2,500, is being sold on eBay.

The coin, which dates to 1983 according to sale material, is being offered for £2,500 or the best offer on the online retail platform.

It is described as a Royal Arms £1 coin.

The eBay listing for the item says that it can be collected in person or delivered at a postage cost of £7.95.

No returns of the coin will be accepted.

According to The Royal Mint, the UK’s official British coin-maker, the 1983 round £1 was the first round £1 to enter circulation - with over 443 million doing so.

The coin is legal tender in the UK and was designed by Raphael Maklouf.

On the heads side of the coin is the crowned bust of Queen Elizabeth II facing right.

The tails side of the coin features the Royal Arms within a beaded circle.

The coin was struck on a copper-nickel clad round planchet and weighs 9.5 grams.

The coin has a diameter of 22.5 millimetres and a plain edge.

According to Coin Hunter, the 1983 round £1 coin is valued at up to £1.50 in good condition.

However, the coin being sold on eBay is described as being in "mint condition" by the seller.

This could potentially increase the value of the coin, especially among collectors.

The listing for the coin on eBay has attracted multiple bids, with the highest bid currently being £2,050.

The auction for the coin is set to end on March 10.

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