(2008) NGC MS63 G. Britain 20P Obverse Undated Mule

Description: Rick's Cafe' Ame'ricainUnique InventoryHassle Free ReturnsQuality Pieces2008 MS 63 G. Britain 20P Obverse Undated Mule Error Coin If you are not 100% satisfied with your purchase, you can return the product and get a full refund or exchange the product for another one, be it similar or not. You can return a product for up to 14 days from the date you purchased it. Any product you return must be in the same condition you received it and in the original packaging. Please keep the receipt. With only 4 coins graded higher in private collections, This specimen is the highest graded coin you will find available. An unusual accidental dateless version of the 20 pence was reported to be in circulation in June 2009, the first undated British coin to enter circulation in more than 300 years. This was the result of the production of a mule, i.e. a version of the coin with a non-standard combination of obverse and reverse face designs. The fault occurred as a result of the 2008 redesign of UK coinage, which moved the date on a 20 pence from the reverse to the obverse (Queen's head side), and a batch of coins were produced using the tooling for the obverse of the old design and the reverse of the new design. The Royal Mint estimated that between 50,000 and 200,000 entered circulation before the error was noticed. The Royal Mint stated that these coins were legal tender, although due to their rarity they are traded at above face value by collectors. Following publicity about the coins, they were initially traded on eBay for several thousand pounds, although an eBay spokesman was unable to confirm if an accepted winning bid of £7,100 for one coin had actually been transacted.[8][9] In June 2011 they trade at around £100. BACKGROUND It’s regarded by many as the Holy Grail of change collecting, and back in 2008, the undated 20p saga encouraged an entire country to start carefully checking their coins. In fact plenty of collectors are still doing just that in the hope of finding one. Online sellers have set prices sky high, with one seller asking for an astonishing £10m for the the coin! However, although these chancers are unlikely to see their coin actually selling for that price, some people have been willing to pay in the thousands for the chance to own one of these rare coins. The story of the coin If you’re not familiar with the story of the undated 20p, this is it: In 2008, the reverse of each denomination from 1p to £1 was redesigned by Matthew Dent to feature a different part of the Royal Arms Shield. The 20p had previously included the date on the reverse, but with the entire face of the coin now devoted to the new design, the Royal Mint produced a new die with the date on the obverse (Queen’s head) side. However, when the new Royal Shield 20p coins were struck for circulation, the old die was accidentally used, meaning a batch was issued with no date on either side of the coin. Coins with mismatched sides like these are known in the collecting world as ‘mules’ – the name deriving from the hybrid offspring of a horse and a donkey. Mule coins are always highly coveted, but they rarely receive the kind of mainstream media attention afforded to the undated 20p. The undated 20p became the first coin in over 300 years to enter circulation without a date, and when the story broke in the press, it caused a frenzy not just in the collecting world but amongst the general public who realised they stood just as good a chance as anyone of pulling one out of their change. Estimates have varied over the years but The Royal Mint confirmed in a statement that no more than 250,000 coins made it into circulation.

Price: 935 USD

Location: Corona del Mar, California

End Time: 2024-03-14T16:32:26.000Z

Shipping Cost: N/A USD