A RARE 50p coin celebrating 250 years since London’s Kew Gardens opened its gates lately bought for nearly £203 on eBay.
The 50p coin was launched in 2009 and is taken into account to be one of many rarest coins in circulation.
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It options the well-known Chinese language pagoda, which was inbuilt 1761, from the botanical gardens.
Solely 210,000 of the cash have been launched into circulation, in comparison with a typical mintage determine of round 5 million.
However round one in each 300 households within the UK might personal a Kew Gardens 50p, in keeping with The Royal Mint.
The coin has topped ChangeChecker’s scarcity index for the previous few years, because it’s nonetheless an enormous hit amongst collectors.
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Most of those cash promote on-line for something between £90 and £190, relying on what situation they’re in.
In December, one Kew Gardens 50p sold for £186 on eBay after attracting 20 bids.
Cash which can be nearer to being in a close to mint situation are extra beneficial to a purchaser and sometimes promote for extra.
The newest eBay vendor did not say something in regards to the situation of this coin, however based mostly on the photographs it seems to be in a reasonably good state.
The coin was listed with a excessive beginning value of £80 and acquired 10 bids over a seven day public sale interval.
Finally, the 50p coin bought for £202.74 – nearly 406 occasions its face worth – making the vendor a tidy revenue.
What to do in the event you’ve obtained a uncommon coin
FIRSTLY, you should ensure the coin is legit and never counterfeit. The Royal Mint is unable to worth a coin however it might verify whether or not it’s actual or not.
They are going to normally provide you with a letter to substantiate this. When you’ve came upon whether or not the coin is actual or not, you will have various choices – both promoting it by way of a coin vendor, at public sale or on eBay.
If you wish to promote the coin you’ve present in your spare change on eBay then you should know the dangers.
Keep in mind to set a minimal value that’s increased or on the very least equal to the face worth of the coin.
Even when your coin “sells” on eBay for a excessive value there’s no assure that the customer will cough out.
It its phrases and situations, the public sale web site states that bidders enter a “legally binding contract to buy an merchandise”, however there’s no strategy to implement this rule in actuality.
For extra details about what to do if you’ve found a rare coin, read our guide.
Uncirculated variations of the cash promote for much more on-line, however they got here with the next unique value.
Should you purchased certainly one of these 50ps immediately from The Royal Mint for round £30 11 years in the past then you may anticipate to fetch round £300 on-line.
The Royal Mint also reissued a batch of the commemorative cash final yr to mark 50 years of the 50p coin.
Should you assume you’ve got obtained a uncommon coin in your change and also you need to promote it, it’s best to begin by checking on eBay to see how a lot related cash have lately bought for.
Anybody can record a coin for hundreds of kilos however the “accomplished” listings offers you a extra sensible concept of bought costs.
Additionally keep in mind to consider itemizing charges earlier than deciding whether or not to promote the coin.
NET GAINS
These extremely sought-after financial institution notes might internet you a wholesome revenue on-line
COINING IT IN
Uncommon Kew Gardens 50p coin sells for £186 on eBay – have you ever obtained one at residence?
Worried about fake Kew Gardens 50ps? Check out how you can spot one.
Fifty pence cash with different designs might truly promote for extra on-line – here’s our guide to the most valuable ones that it’s best to look out for.
We lately additionally reported how a rare Mrs Tittlemouse Beatrix Potter 50p coin sold for £430 on eBay.
