UK

New Pound Coins With Loose Middles Appear To Be Posted On Ebay

Has the supposedly super-secure currency already started to break?

01/05/2017 16:18 BST | Updated 19/05/2017 12:14 BST

The new £1 coins have been touted as the most secure yet - but it appears that some of the coins may have already broken.

A number of postings have appeared on ebay appearing to show the new coins in two pieces.

It seems some people are trying to flog the coins for more than their £1 value as well, the Sun reported.

ebay
An apparently broken £1 coin being flogged on ebay
ebay
One seller tries to get 20x the coin's value

Some of the coins were listed for as much as £20.

HuffPost UK has contacted the Royal Mint for comment.

This comes after experts said new £1 coins with flaws could be worth more than their face value.

Money expert Alex Cassidy, from GoCompare’s Coining It In, told the Mirror what shoppers should look out for. 

He said: “As with the current £2 coins, the 2017 £1 coin is bi-metallic - in this case an outer ‘gold’ coloured nickel-brass band with an inner ‘silver’ coloured cupro-nickel disc.

“Because of this, any potential die errors during production, which occurs when the dies have become misaligned, could be worth a lot of money.

“Punters should pay attention to both the floral crown on the reverse side for any rotations, as well as the Queen’s head, which should sit directly above the new bevelled edge.”

PA Wire/PA Images
The new £1 coin came into circulation last month

A similar error saw some £2 coins featuring Britannia on one side and the Queen’s head on the other end up being valued at over £100.

Her Majesty’s head appeared almost upside down on these valuable coins.

This was also a case of the die working itself loose and stamping the coin out of alignment.