Are you sitting on a fortune in your coin collection? While most pennies are worth just a penny, some rare pieces can be worth an absolute mint. A TikTok user, @thecoincollectoruk, has revealed two old pennies that could turn you into a millionaire, setting off a frenzy among collectors.
The video showcases two old pennies with different dates: a 1933 George V penny and a Queen Elizabeth penny from 1954. The user highlights the rarity of these coins: “There are thought to be less than 10 of these George 5th pennies from 1933,” he states. “One of them resold at auction for £127,248, and others in the £70,000 to £80,000 range. It’s definitely the most valuable penny to ever exist.”
He then shifts his focus to the 1954 Queen Elizabeth penny, which is even more rare. “There is only one of these known to have survived from a trial run of several hundreds according to the Royal Mint,” the user explains. “This means the 1954 is also an extremely rare penny. The last one sold in 1991 for £23,100. It’s likely worth even more now with inflation accounted for.” The user also mentions an “MS 63 version of the coin which could be worth up to £60,000.”
Since the video was posted, it has received thousands of likes and comments, with collectors buzzing about potential rare finds. One enthusiast commented, “Penny black is the most expensive penny,” while another excitedly added, “Hi sir, I have this coin.”
If you suspect you might have one of these valuable coins, the best advice is to consult with a specialist. Some pieces could be tiny treasure troves worth far more than you might anticipate. So, dig out your old coin jars and see what treasures might be hidden within! You never know, you could be sitting on a small fortune.