New £1 coin - Auction cons?

[Fastpedeller]

So the new £1 coins are arriving in our change and what do we have, but the usual 'speculators' on auction site. There are some clear mis-strikes , as can be seen in photos and these look genuine. There are also for sale (and selling) coins with the centre 'fallen out when the contents of the bag from the bank were emptied', also ones where the centre is reversed with relation to the outside, or rotated 90 degrees! I strongly suspect these are the result of 'manipulation' by the seller - what's the general thought?? Would you pay a lot of money for one?? I hasten to add I'm not about to try to sell some, and it's probably illegal to tamper with the Queen's coins

[ecsrobin]

I visited the royal mint recently. The silver and gold part are strikes at the same time so for them to be rotated or missing I would say is manipulation.

A lot of speculators are also saying a coin with 2016 on is a misprint as they only came out in 2017 but that is the year it was struck. I have a 2017 uncirculated coin that I struck myself on the tour.

What I am annoyed at is not buying the Beatrix potter coin in the shop. I didn't realise they had sold out online and could have made over £30+ Profit in minutes of buying it.

[generationx]

At the weekend I received some change which, for the first time for me, included some of the new coins. When I commented on them some bullst artist next to me started to talk about how the "2016" coins would become a collectors item. Yeh right - of the four new coins I had been given ALL FOUR of them were 2016...

I wonder if they´re vegetarian?

[anonymous-user]

http://www.ebay.co.uk/itm/NEW-12-SIDED-1-COIN-RARE...

a thousand pounds for a 2016 pound lol

[Shakermaker]

I got 4 of them as change a couple of weeks ago and they all had 2016 printed on them.

Several people believed me when I told them they were fake despite how well publicised it had been that these are very difficult to forge.

[jmorgan]

Chancers and the gullible?

[glenrobbo]

Some real bargains to be had today....



£25,000 plus £10 postage!

[Fastpedeller]

These are blatant fraud - Is there any way of stopping this? Would Ebay remove items?

[Shakermaker]

Fastpedeller said:

These are blatant fraud - Is there any way of stopping this? Would Ebay remove items?

Is that eBay or is it on Facebook Marketplace, the usual hangout for such nonsense?

[SlimRick]

It turns out that it's remarkably easy to separate the two pieces of metal and reassemble them for both the £2 and new £1 coins.

[anonymous-user]

SlimRick said:

It turns out that it's remarkably easy to separate the two pieces of metal and reassemble them for both the £2 and new £1 coins.

How easy?

[SlimRick]

The Spruce goose said:

SlimRick said:

It turns out that it's remarkably easy to separate the two pieces of metal and reassemble them for both the £2 and new £1 coins.

How easy?

A hammer and a socket. I'll let you figure out the mechanics of the process.

[ecsrobin]

Excuse the quality from my phone but here's my coin that I struck. You can see there is no gap between the colours compared to the coins above.