Minting Errors Reaching Circulation
Coins with errors in the minting process that reach circulation are often seen as valuable items by coin collectors.
In 1983 the Royal Mint mistakenly produced some two pence pieces with the old wording "New Pence" on the reverse (tails) side, when the design had been changed from 1982 to "Two Pence".
In June 2009 the Royal Mint estimated that between 50,000 and 200,000 dateless 20 pence coins had entered circulation, the first undated British coin to enter circulation in more than 300 years. It resulted from the accidental combination of old and new face tooling in a production batch, creating what is known as a mule, following the 2008 redesign which moved the date from the reverse (tails) to the obverse (heads) side.
Read more about this topic: Coins Of The Pound Sterling
Famous quotes containing the words errors, reaching and/or circulation:
“Here among the mountains the pinions of thought should be strong, and one should see the errors of men from a calmer height of love and wisdom.”
—Ralph Waldo Emerson (1803–1882)
“The ocean is a wilderness reaching round the globe, wilder than a Bengal jungle, and fuller of monsters, washing the very wharves of our cities and the gardens of our sea-side residences. Serpents, bears, hyenas, tigers rapidly vanish as civilization advances, but the most populous and civilized city cannot scare a shark far from its wharves.”
—Henry David Thoreau (1817–1862)
“Tourism, human circulation considered as consumption ... is fundamentally nothing more than the leisure of going to see what has become banal.”
—Guy Debord (b. 1931)