These types of coins - also known as "error" coins are quite sought after by collectors as often there may only be a handful in circulation or one of a kind. ![]() This kind of minting error is known as the "fried egg" amongst collectors because of its similarity to the breakfast staple. This means the late Queen Elizabeth II's nose is close to being cut off. ![]() Instead, the inner circle is more of an oval shape and is slightly off-centre so it bleeds into the outer ring on both sides. The inner circle is supposed to fit perfectly in the centre of the coin but this particular coin has been mis-struck. The outside is made from nickel-brass, while the inside is nickel plated brass alloy which looks like silver. Originally this coin was launched by the Royal Mint in 2017 to replace the older round £1 coin, and is made with two metal rings. The £1 coin was sold for £115.15 on October 25. A rare £1 coin has sold for more than 100 times its original value on eBay because it has an unusual error.
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