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The rare Royal Mint 50p coin selling for more than 300 times its face value
The Blue Peter Olympic 50p sold for £153.41 after 22 bids, as collectors pay premiums for rare low-mintage coins.
- A rare Blue Peter Olympic 50p coin sold for £153.41 at an online auction this week after attracting 22 bids. The coin, designed by Florence Jackson and released in 2009 to celebrate the London Olympic Games, features an athlete competing in the high jump.
- Around 20,000 editions of the coin were minted, but the coin was never officially put into circulation. Despite this restriction, experts understand that many pieces entered everyday transactions, making the coins elusive for collectors.
- Collectors determine value based on design, condition, and potential errors, with rare Royal Mint 50p coins sometimes selling for more than 300 times their face value. Sales occur via online platforms and coin dealers using different valuation methods.
- Recent sales show fluctuating demand across designs. A 2016 silver proof Peter Rabbit 50p sold for £102, while a circulated Beatrix Potter pair featuring Jemima Puddleduck and Peter Rabbit fetched £9.54, demonstrating significant price variation.
- Values can be unpredictable, as a 2017 Tom Kitten 50p coin sold for just £0.16 after two bids, well below its 50p face value. This demonstrates that even popular commemorative designs occasionally trade at losses at online auctions.
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The rare Royal Mint 50p coin selling for more than 300 times its face value
The rare Royal Mint 50p coin has sold for more than £150 on eBay, and there are thousands more out there that could be worth a small fortune
·Newport, United Kingdom
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