Two Pound Coin fault

[Marc]

Any thoughts on this coin?

2 pound coin error?

[Rob]

Any thoughts on this coin?

2 pound coin error?

Bazaar coin is probably the appropriate phrase. It's most likely a gimmick. If you put £2 coins into liquid nitrogen the middle falls out due to the different expansion coefficients of the two metals. Reinsert the centre piece the wrong way round whilst still cold and you get what you see. How many would you like?

[Marc]

Any thoughts on this coin?

2 pound coin error?

Bazaar coin is probably the appropriate phrase. It's most likely a gimmick. If you put £2 coins into liquid nitrogen the middle falls out due to the different expansion coefficients of the two metals. Reinsert the centre piece the wrong way round whilst still cold and you get what you see. How many would you like?

LOL I thought it might be some kind of gimmic. Still, it sold for nearly 40 pounds.

[£400 for a Penny ?]

Any thoughts on this coin?

2 pound coin error?

Bazaar coin is probably the appropriate phrase. It's most likely a gimmick. If you put £2 coins into liquid nitrogen the middle falls out due to the different expansion coefficients of the two metals. Reinsert the centre piece the wrong way round whilst still cold and you get what you see. How many would you like?

Fascinating.

[azda]

As the saying goes "a fool and his money are soon parted"

[RobJ]

You can also achieve the same effect by placing a £2 coin in a freezer and then if you drop it the middle will fall out.

I once saw a similar coin where the portrait had been rotated 180 degrees.

If I remember correctly, the Royal Mint had some issues when creating the £2 coin as they were unable initially from keeping the middle from falling out. I believe a similar thing happend with the €2 coin as well.

[Peckris]

You can also achieve the same effect by placing a £2 coin in a freezer and then if you drop it the middle will fall out.

I once saw a similar coin where the portrait had been rotated 180 degrees.

If I remember correctly, the Royal Mint had some issues when creating the £2 coin as they were unable initially from keeping the middle from falling out. I believe a similar thing happend with the €2 coin as well.

That's right. The 1997 issue was held back for quite a while then eventually released. In the meantime, the new Rank-Broadley portrait came out and was used from 1998 onwards. Leading to the public myth : "If you've got the £2 coin where the Queen is wearing a necklace, it's worth a fortune." The 1997 Maklouf £2 was only rare until it was issued, then it wasn't.

[RobJ]

That's right. The 1997 issue was held back for quite a while then eventually released. In the meantime, the new Rank-Broadley portrait came out and was used from 1998 onwards. Leading to the public myth : "If you've got the £2 coin where the Queen is wearing a necklace, it's worth a fortune." The 1997 Maklouf £2 was only rare until it was issued, then it wasn't.

There is of course no truth in that myth, but I have often thought they were 'Rare' because people heard that rumour and hoarded them away believing them to be a rarity and that they actually self perpetuated the rumour themselves in that no one else was able to find one in their change. lol

[scott]

nah all £2 coins are rare... because every single one is on flipping ebay

[Peter]

Dodgy feedback..... on Ebay it takes a lot of work to get under 97%

Edited December 7, 2010 by Peter

[RobJ]

nah all £2 coins are rare... because every single one is on flipping ebay

That is so very true. lol

I once saw a £2 coin described as 'Rare x 100 - L@@K!' I'm not exactly sure which rarity system the seller was using, but it looked like a common enough £2 coin to me. lol

[scott]

i havn't had a sinlge £2 in change for like 3 days.. always £1's

[Peckris]

nah all £2 coins are rare... because every single one is on flipping ebay

That is so very true. lol

I once saw a £2 coin described as 'Rare x 100 - L@@K!' I'm not exactly sure which rarity system the seller was using, but it looked like a common enough £2 coin to me. lol

Hard to beat the late 60s Coin Monthly advert for "the rare 1951 penny" "investment opportunity" "we've acquired a limited number" "state whether you want 1, 10 or 100"

[RobJ]

Hard to beat the late 60s Coin Monthly advert for "the rare 1951 penny" "investment opportunity" "we've acquired a limited number" "state whether you want 1, 10 or 100"

That is most amusing. lol

[Peckris]

Hard to beat the late 60s Coin Monthly advert for "the rare 1951 penny" "investment opportunity" "we've acquired a limited number" "state whether you want 1, 10 or 100"

That is most amusing. lol

And perfectly true!

[Peter]

The 1960 crown was the top investment in the 70's

[RobJ]

Hard to beat the late 60s Coin Monthly advert for "the rare 1951 penny" "investment opportunity" "we've acquired a limited number" "state whether you want 1, 10 or 100"

That is most amusing. lol

And perfectly true!

I wonder how many of the around 120,000 coins minted that they managed to acquire to be able to offer them in lots of 100? lol

Saying that, as they sell for around £50 in UNC condition maybe a purchase back then may have proved to be a good investment choice.

[RobJ]

The 1960 crown was the top investment in the 70's

I had heard that the 1960 Crown was a quite hard coin to obtain, but after a recent visit to a Coin Shop where they were selling them for £2 each, I'm not that convinced any more. lol

[Peckris]

Hard to beat the late 60s Coin Monthly advert for "the rare 1951 penny" "investment opportunity" "we've acquired a limited number" "state whether you want 1, 10 or 100"

That is most amusing. lol

And perfectly true!

I wonder how many of the around 120,000 coins minted that they managed to acquire to be able to offer them in lots of 100? lol

Saying that, as they sell for around £50 in UNC condition maybe a purchase back then may have proved to be a good investment choice.

Yes - if you didn't mind waiting 45 years and a twenty-fold rise in the retail prices index

I have the feeling that they said it was something like a "special purchase" (it always is) of around 1200?

The 1960 crown was the top investment in the 70's

I had heard that the 1960 Crown was a quite hard coin to obtain, but after a recent visit to a Coin Shop where they were selling them for £2 each, I'm not that convinced any more. lol

It is nonetheless the most difficult crown after 1937. But you're right, plenty out there.

[Peter]

I bought the normal and polished die examples...but they do nothing for me...at least the 37 crown was 50% silver and a nice design

[RobJ]

Yes - if you didn't mind waiting 45 years and a twenty-fold rise in the retail prices index

I have the feeling that they said it was something like a "special purchase" (it always is) of around 1200?

I conceed that there is that minor detail to consider. lol

That does seem to be quite a high number that they managed to obtain!

It is nonetheless the most difficult crown after 1937. But you're right, plenty out there.

That is interesting. Thanks for that information Peckris.

I will have to keep my eyes peeled for nice examples of both coins.

[RobJ]

I bought the normal and polished die examples...but they do nothing for me...at least the 37 crown was 50% silver and a nice design

I don't mind the design of the 1960 Crown. Although I think that it is a little austere and regimented.

I do agree with you Peter that the 1937 Crown is a very attractive design.