50p coin sells for £21,000 with 10 million in circulation – what to check your wallet for
VE Day 75th Anniversary: Seven 50p Coins released
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
The new design was released by the Royal Mint on January 31 2020 to mark the UK leaving the European Union. Despite not being rare or vintage, the coins have sold for thousands of pounds less than two years after being created, and one extra rarity could triple its value.
The limited edition coin has the Queen’s head on the one side with the commemorative message ‘Peace, prosperity and friendship with all nations’ engraved on the back.
Many of these coins have sold for astronomical prices on eBay, ranging from £3,500 to £21,000.
Their value comes from their commemorative and collectible nature, marking a significant moment in British history.
Those that do find themselves possessing one have been suggested to keep it in the hopes of future compounding value.
Additionally, the 10 million coins in circulation are meant to have the date of ‘31 January 2020’.
However, there was an original design reading ‘31 October 2019’, making these recalled coins far more valuable.
This was due to the fact that the coins were originally minted when the original Brexit date was October 31.
An estimated one million of these coins were created and distributed before Government realised the original deadline would be missed.
While most of the coins were recalled and melted down by the Royal Mint, it is believed that many are still out in the wide world.
Avid coin collectors will know that typos and errors often translate to gold, another example of which an Olympics 50p with an error in its design that sold for over £400.
The aquatic 50p was part of the London 2012 Olympic Games coin series, but it was redesigned shortly before its release.
While the original design had water lines streaming down the swimmers face, the new and more common design had less visible lines.
For anyone looking to buy or sell rare or valuable coins, it is highly recommended that they do thorough research before putting any money on the table.
Especially for collectors looking to add to their unique coin collections as online sellers can photoshop and edit images to make the fakes look far more realistic than they are in reality.
Some other highly valuable coins minted in the last five years include:
Winnie the Pooh 50p set of three – minted in 2021
These nostalgic coins have designs created by The Walt Disney Company, with each 50p coin having a different character from the beloved series: Owl, Tigger and Winnie the Pooh himself.
These coins commemorate 95 years since the first publication of Winnie the Pooh.
The Great Fire of London £2 coin – minted in 2016
This gold proof £2 coin has an engraving depicting the infamous event with a street on fire beside the Thames river.
Diversity Built Britain 50p – minted in 2020
Engraved with this message on the reverse side, the 50p is the first in a series of coins planned to pay tribute to the contributions of BAME communities in the UK.
Source: Read Full Article