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Rare 20p coin sells for £1m on eBay
July 02, 2009
Web User

Demand for rare 20p coins has soared with one lucky seller on eBay receiving almost £1m.

Having declined various offers ranging from £0.99 to £920,994, the seller was eventually offered his 'Buy it Now' price of a staggering £920,995 earlier today.

Web User is currently waiting for confirmation from eBay that the bid was genuine.

The rare coins were a result of a mistake at the Royal Mint which caused an estimated 50,000 to 200,000 20p coins to go into circulation without a date on either side, as Web User previously reported.

Experts valued the coins at £50 which is the price being offered by The London Mint Office to the first 10,000 registrations.

However, people throughout the UK have been trying their luck on eBay with many sellers achieving prices well over £50.

Most undated 20p coins on the online auction site are achieving in the range of £150 to £200, though it is not clear if all of the coins are genuine.

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