Rare 1p coin sells for £140k – do you have one?

Do you have a hidden treasure in the form of rare coins at home?

Some of these elusive collectables can be worth a small fortune, and even the less rare ones might earn you more than their face value on platforms like eBay or at traditional auctions.

But now a 1933 coin has just fetched a whopping £140,000, as revealed by a TikTok user. In his latest video, which captivated his 172,700 followers, @CoinCollectingWizard showcased a man proudly presenting his prized possession.

The user began with enthusiasm: “This is my private collection one that’s been loaned to as very kindly. It’s great because it’s such an iconic coin we get lots of visitors coming to see it.

“Usually these coins disappear into safes and never seen again. The last sold in 2016 for a hammer price of around £140,000. Its first ones had sold for many many years and one would imagine if it would come on the market again it would sell for even higher.”

The TikTok user then urged his viewers: “This is the 1933 predecimal penny from the UK, so make sure you check your grandad’s old coin collection and keep an eye out for this date. Now obviously I don’t have the coin, this is a fake copy version.”

He concluded: “Do you have this coin from 1933? If so you are rich, there are other dates to look out for too, but it’s never going to be the crazy value of the 1933 penny as seven are known to exist.

“So if you find one, you are extremely lucky. If you found this 1933 penny, what would be the first thing you would do.”

“The holy grail 1933 predecimal penny”, the caption read, gaining over 1,120 likes and sparking hundreds of comments.

One person asked: “How many are actually known of?” to which a response followed: “Only 6.”

In another remark, another added: “We had one about 10 years ago but it went missing.”