what to do with mule 20p

foxybabe

I have been lucky enough to get one of the 20p's with no date on. I am not sure though whether to put it on e bay now or hang on to it for a while and see what happens. Any one got any ideas?

Any advice would be appreciated.

frivolous_fay

http://www.google.co.uk/search?hl=en&q=20p&btnG=Google+Search&meta=cr=countryUK|countryGB&rlz=

patman99

.......busy with Dremel removing dates from new 20p's.

Basically, the Royal Mint messed-up, they issued 400,000 20p peices with a date on them. They will give you £50 for any you find and report to them.

The first couple to go up on feebay may have gone for a huge amount, but the remainder won't.

ilnf

patman99 wrote: »

.......busy with Dremel removing dates from new 20p's.

Basically, the Royal Mint messed-up, they issued 400,000 20p peices with a date on them. They will give you £50 for any you find and report to them.

The first couple to go up on feebay may have gone for a huge amount, but the remainder won't.

Not quite right. Firstly (I guess it was a typo) its without a date. Actual amount in circulation is unknown. It's not Royal Mint who are paying out, its a private company called The London Mint Office (not a UK mint!). They are offering £50 as they know they are worth more. In time they willl sell them on for a huge profit.

Hintza

patman99 wrote: »

..They will give you £50 for any you find and report to them.

It is not the Royal Mint it is company called "The London Mint Office":

The London Mint Office is a wholly-owned subsidiary of one of Europe's most successful direct marketing organisations', the Samlerhuset Group.

So they will be making a buck.

If it was me I would be putting it away for a rainy day. Everyman and his dog will be selling them just now.

VfM4meplse

ilnf wrote: »

In time they willl sell them on for a huge profit.

Agreed, I would hang on to it for generations to come. This must be the best investment of 20p of all time!

I'm off to scrutinise the contents of my purse!

ilnf

VfM4meplse wrote: »

Agreed, I would hang on to it for generations to come. This must be the best investment of 20p of all time!

I'm off to scrutinise the contents of my purse!

I found one the first time I checked my wallet. Was considering keeping it but needed the money. Sold it for £200 last week on ebay. Hoping to find another!

montyrebel

send it to me and I will paypal 40p, 100% profit, how can you be bad to that, lol ;-)

foxybabe

Thanks for all the replies. I think i am going to hang on to it for a while and see what happens with them.

ddkleisure

keep it safe

patman99

They mentioned 400,000 on a radio news item. As for the 'London Mint', I ordered a free coin off these people stating that I had no wish to receive further offers.
After that, I got a coin-a-month, in the end they realised I hadn't paid for them (as they were unrequested mail, I had every legal rite to do this) and asked for the coins back.
I returned all the coins (plus a bit of 'extra weight'), but 'forgot' to put a stamp on it. Never heard from them again.