On eBay, a rare commemorative 50p from Kew Gardens sells for £170 – check your change.
After 19 buyers battled it out for the rare collector’s coin, the 50p coin went for 340 times its original monetary worth in an online auction – so check your wallets.
A rare coin sold for £170 on eBay, which is a lot of money for a 50p piece.
The fascinating coin depicts a one-of-a-kind design of the Chinese Pagoda at Kew Gardens, encircled by vines and foliage.
Collectors love the commemorative design, and there are only 210,000 of them, so one buyer was willing to pay 340 times the face value.
According to the Royal Mint, the Kew Gardens 50p is one of the top ten rarest pieces in circulation, owing to its low mintage numbers.
However, it appears on auction sites every now and again and has been sold for as much as £707.
This could be due to the fact that it ranks first in Changecheckers’ 50p scarcity index.
In the £170 eBay auction, 13 eager buyers battled it out for the rare coin.
The auction closed yesterday with 34 bids, and the price jumped from £9.99 to £170. So have a look in your pockets! If you have a rare Kew Gardens 50p, consider selling it on eBay to fund a vacation or shopping spree for yourself.
However, before selling the coin, you should check with the Royal Mint to get it validated so that customers aren’t purchasing a fake.
You can also raise the price a little as a result of this.
If you have any other coins that you think are rare, you can look them up on sites like Coin Hunter.
A rare £1 coin with a noteworthy minting fault sold for £206 online earlier this month.
The coin is a replica of the new British pound, which went into circulation in 2017, but it was worth a fortune due to a design flaw.
It should have a gold outer rim (nickel-brass) and a silver inner rim (nickel-plated alloy).
The erroneous version, on the other hand, has gold all over.
A Blue Peter special edition coin sold for 300 times its initial monetary worth, among other rare coins that have sold for a small fortune.
A rare £2 coin commemorating World War I was also discovered with a major design flaw.
Due to a miscalculation in the design of the £2 coin, the words “Two Pounds” are worth a lot of money. The news is summarized by Brinkwire.