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Trial Piece £1 Coin 2015

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Pillar of the Community
United Kingdom
735 Posts
 Posted 09/23/2016  04:01 am  Show Profile   Bookmark this reply Add Hogarth to your friends list

Nice find Angel.
Trial pieces are sometimes struck to test metal structure and the coining presses before a full run of circulation coins begins. They are of interest and do have value, however, as to how much any individual trial piece is worth would depend on how many collectors wanted to own it and how much they would be prepared to pay. I see other examples of this £1 trial piece have appeared for sale on the web recently (Google it) but have failed to attract buyers at the prices they are being offered at.

I have a trial piece made to test the half penny presses in 1957. Although certainly rare(ish), it cost me no more than a few pounds. I'll post photos presently.
New Member
United Kingdom
3 Posts
 Posted 09/23/2016  05:04 am  Show Profile   Bookmark this reply Add Angel78 to your friends list
I saw the ones that's been on ebay in the past and one on preloved for £999......I actually laughed when I saw that one lol :)

I doubt it's worth anything near those amounts, I was just curious to it's rarity as I've never come across a trial coin before.
Pillar of the Community
United Kingdom
709 Posts
 Posted 09/24/2016  4:33 pm  Show Profile   Bookmark this reply Add Anaximander to your friends list
Compare this with the 1994 £2 trial coins. I bought one in the presentation pack about 2 years ago for £40. They are now being advertised on ebay for around £150 to £200. One newspaper article said that only 4500 packs were made.

Give it a few years and your trial £1 probably will be selling for three-figure sums.

Something else that is starting to climb in price is the 2009 Blue Peter olympic 50p.

What interests me is how these trials leak out to the public. I thought that they were issued to manufacturers for design/testing of machines and were supposed to be returned. Is there anyone in the business who knows how it works? Am I right in thinking that employees "souvenir" them?
Pillar of the Community
United Kingdom
1324 Posts
 Posted 09/25/2016  04:16 am  Show Profile   Bookmark this reply Add andyg to your friends list
If you work within a cash counting business and have a legitimate need for one of these you can write to The Royal Mint. For any tokens that are "lost" the mint will charge you a whopping 80p
New Member
United Kingdom
3 Posts
 Posted 09/26/2016  2:45 pm  Show Profile   Bookmark this reply Add Angel78 to your friends list
I found another one today! It was in with a bag of 50p's. It seems strange to find two a few days apart in the same cash office so I'm guessing they're not that rare.

Still swapped it for a £1 out of my purse, they're nice coin to have :)
Valued Member
United Kingdom
190 Posts
 Posted 09/26/2016  5:02 pm  Show Profile   Bookmark this reply Add pwa 1967 to your friends list
Well if you dont want one sell me one .

Pete.
Valued Member
Germany
55 Posts
 Posted 10/10/2016  03:25 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
Considering the new £1 won't be introduced until 2017 I reckon it'll be quite a rare find just now as none of these are even out yet, and with the curiosity factor inbuilt for the new coinage I reckon it might be worth a bit more than expected.......

It might not be worth as much later as it might be now, i'd try it on ebay, I think there will be interest
Valued Member
Germany
55 Posts
 Posted 10/12/2016  06:52 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
Just to add to this, there is a trial piece being offered in a sale in December for an estimate of between £400-£600

Now you know what to do with it ;-)
Valued Member
United Kingdom
252 Posts
 Posted 10/17/2016  07:01 am  Show Profile   Bookmark this reply Add Red to your friends list
The Royal Mint are removing any found for sale on ebay, as they are still the property of The Royal Mint and are supposed to be returned no later than December 2017.
Valued Member
Germany
55 Posts
 Posted 10/18/2016  07:15 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
The RM has nothing to do with ebay, the coin I mentioned being for sale is for sale with an established coin auction house and they haven't reported anything on this. Do you have something to support this story RED?
Rest in Peace
Learn More...
United States
1380 Posts
 Posted 10/18/2016  1:11 pm  Show Profile   Bookmark this reply Add jgfindring to your friends list
If The Royal Mint informs ebay that the item in question belongs to the government and cannot be legally sold, they most certainly can have ebay halt the auction.
New Member
United Kingdom
3 Posts
 Posted 10/18/2016  4:19 pm  Show Profile   Bookmark this reply Add Stevenfunster to your friends list
A colleague of mine bought one of these coins via ebay and The Royal Mint asked for the coin to be returned and refunded the money he paid.

He was given a deadline to return it.
Valued Member
Germany
55 Posts
 Posted 10/19/2016  06:06 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
Here is the auction, I've sent a question to them regarding the legality of selling and ownership

www.dnw.co.uk/auctions/catalogue/lot.php?auction_id=443&lot_id=1111&search=1
Valued Member
Germany
55 Posts
 Posted 10/20/2016  07:20 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
Now confirmed after an email was sent to the RM regarding these trial pieces. The RM are pulling any they find. This is from the RM customer services

Thank you for your email



The coin illustrated is a trial coin and should not be sold. Thank you for bringing this to our attention



Kind Regards



Customer Services

Edited by wiamcim
10/20/2016 07:23 am
Valued Member
Germany
55 Posts
 Posted 10/20/2016  08:12 am  Show Profile   Bookmark this reply Add wiamcim to your friends list
This has now been withdrawn

Trial-Piece-£1-Coin-2015
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