Kew Gardens 50p coin sells on eBay for £275

The Royal Mint has called the coin "the most sought-after" by collectors due to its rarity.

A coin collector has sold a Kew Gardens 50p for £275 on eBay. The coin is said to be ‘the most sought-after’ by collectors.

The 50p, issued by the Royal Mint in 2009, is believed by many collectors to be so rare today as it had a low mintage of just 210,000 due to the low demand for 50p coins when it was minted.

The coin features Queen Elizabeth II on the head and the reverse is dominated by the iconic Chinese Pagoda at Kew, with a leafy climber wrapped around the tower.

The coin also had its value verified by the Numismatic Guaranty Corporation, who graded the coin with a PF69 rating.

In coin collecting, an item with a PF70 rating is considered to be perfect and is the highest grading a coin can receive. A PF69 rating is the second highest grading afforded by the NGC and denotes an almost perfect coin and contains virtually unnoticeable flaws.

However, due to their popularity, even the poorest condition Kew Gardens 50p coins are still sold at a huge price compared to their value.

A spokesperson for Copes Coins said: “A poor condition Kew Gardens 50p could still be worth around £160 to £180.

“In contrast, a circulated in great condition could fetch anything from £200 to £250 and uncirculated and brilliant uncirculated would have a value of much more.”