This specific detail on a rare Brexit 50p coin could see you fetch up to £40,000 at auction

A coin expert has shed light on a specific detail to look for on a rare 50p piece that could potentially fetch up to £40,000 at auction. By: Saurav

Coin expert reveals detail on rare 50p that could be worth £40k at auction

A coin expert has highlighted a specific detail to look out for on a rare 50p piece, which could potentially fetch up to £40,000 at auction.

The Brexit 50p was launched in 2020 to commemorate the UK's dramatic departure from the EU.

It showcases the official Brexit date - January 31 - along with the inscription: "Peace prosperity and friendship with all nations."

However, what many are unaware of is that millions of these coins were initially minted with a different date – October 31, 2019 – which was the original planned date for Brexit. When Brexit was postponed, these coins were meant to be melted down – but some found their way into circulation.

A total of 10,010,000 Brexit 50p coins bearing the correct date of 31st January 2020 were circulated, making them relatively common. But those carrying the earlier date are extremely rare and highly coveted by collectors.

One such coin recently sold for an astounding sum at auction.

A coin expert has revealed a specific detail to look out for on a rare 50p piece, which could potentially fetch up to £40,000 at auction.

The Brexit 50p was launched in 2020 to commemorate the UK’s dramatic departure from the EU.

It showcases the official Brexit date – January 31 – along with the inscription: “Peace prosperity and friendship with all nations.”

However, what many are unaware of is that millions of these coins were initially minted with a different date – October 31, 2019 – which was the original planned date for Brexit. When Brexit was postponed, these coins were meant to be melted down – but some found their way into circulation.

A total of 10,010,000 Brexit 50p coins bearing the correct date of 31st January 2020 were circulated, making them relatively common. But those carrying the earlier date are extremely rare and highly coveted by collectors.

Coin collecting influencer, known on TikTok as Coin Collecting Wizard, recently took to the platform to discuss this particular gem.

He began by introducing the Brexit 50p, which was released in 2020 to mark the UK leaving the EU.

It is a coin that many people are familiar with, featuring the poignant words: "Peace prosperity and friendship with all nations."

However, what some viewers might not know is that the Royal Mint accidentally printed a batch.

"Some coins were originally struck in 2019 for the first Brexit deadline, but when Brexit was delayed, those coins were supposed to be scrapped," the influencer explained.

But a few slipped through with the original 2019 date, and because they were never officially released, they’re insanely rare.

In his own words: "We’re talking only a few known to exist."

He went on to explain that these coins were never officially released, and only two are currently known to exist.

Viewers were left stunned as the influencer revealed that one seller sold their coin for an astonishing £35,000 to £40,000.

Another TikToker added: "Don’t spend it. You might be holding a coin worth more than a car."

Earlier this year, we reported on special Brexit 50p coins that were minted for the first proposed Brexit date of 29 March 2019. These coins were later recycled following the revised deadline, which means surviving specimens could be worth tens of thousands.

A coin is sold for almost 500 times its face value.

In another instance of rare 50p coins fetching high prices, one such coin recently sold for almost 500 times its face value, at an astonishing £245. This particular coin is famous for having lines across a swimmer’s face, making it a collector’s dream.

The ‘Lines Over Face’ Aquatics 50p, designed by Jonathan Ollife, initially released in 2011, was modified to enhance the facial details. The Royal Mint, responsible for producing UK currency, has called this coin "extra special".