A coin expert has urged Britons to search old coin tins for a rare 1933 penny that can fetch over £100,000. The coin, known as the 1933 British penny, once sold for £127,000 at auction in 2016.
In a TikTok video, the Coin Collecting Wizard highlighted several valuable old pennies. He noted that grandparents likely used these coins daily without realising their potential worth. The 1933 penny is exceptionally rare, with only six or seven believed to have been minted by the Royal Mint.
The coin features King George V on the obverse and Britannia with a trident on the reverse. It was not intended for circulation because banks already had sufficient penny stocks. Instead, three were placed under foundation stones of new buildings, with a few kept as record copies by the British Museum and the Royal Mint Museum.
The expert advised checking dusty coin tins, as one might find a hidden treasure. The Royal Mint Museum notes that the 1933 penny has captured public imagination, leading many to search their change in vain. The coin's value depends on its condition.
