Quote:
Originally Posted by Ammi
20p? not 100% but I'm sure someone told me the Royal Mint would buy them back for £100
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Yes they are selling for £40-50 on ebay but you can sell them back to the mint for £100.
http://www.londonmintoffice.org/undated20p/
Someone i know has been buying these on ebay since this came about and currently owns over 200 of them. He took voluntary redundancy after working somewhere for 30 years and wanted to invest his payout.
The banks are in no fit state to be investing in and getting much of a return so as a coin collector anyway he started picking these up from ebay.
As it stands he could cash in now and more than double his investment or more sensibly just carry on accumulating them and see how the prices do.
One thing for sure is its a rock solid no risk investment.