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Cryptocurrency News Articles

A TOWER sketch on your 50p could mean it's worth 300 times it's normal value

Oct 27, 2024 at 02:34 am

The Kew Gardens 50p features a tall tower with leaves wrapped around and was circulated in 2009. One of the ultra-rare coins has sold on eBay for an unbelievable £150.

A TOWER sketch on your 50p could mean it's worth 300 times it's normal value

A 50p coin featuring a tower design from Kew Gardens could be worth up to £150 - 300 times its normal value. The coin, which was first released in 2009, features a tall tower with leaves wrapped around it and was designed by Christopher Le Brun RA. When the coin was first issued, collectors didn’t realise just how rare it would be, and many people who found one in their change parted with it and later kicked themselves. A Changechecker spokesperson said: "Now, 15 years later, the Kew Gardens coin regularly sells for between £150 to £250 on the secondary market. "In terms of identifying rare coins, we would urge collectors to check mintage figures as well as keep up to date with our Scarcity Index which is updated quarterly." Other rare 50ps have also been gaining traction online recently, including a Blue Peter 50p which sold for £216. The Kew Gardens 50p was part of a series of coins released in 2009 to celebrate the 150th anniversary of the Royal Botanic Gardens, Kew. The other coins in the series featured a lily, a palm tree, and a rose. The Kew Gardens 50p is the rarest of the series, with only 210,000 coins being minted. This compares to 1.6 million Blue Peter 50ps, 1.8 million Beatrix Potter 50ps, and 2.1 million Olympic 50ps. The rarity of the Kew Gardens 50p is due to a combination of factors, including the fact that it was not included in the original Brilliant Uncirculated (BU) coin set released by the Royal Mint. This meant that many people were unaware of the coin's existence until it started to appear in circulation. The coin's distinctive design also made it popular with collectors, further driving up its value. In recent years, there has been a growing interest in collecting rare 50p coins. This is due in part to the fact that these coins are relatively easy to find in circulation, making them a good option for beginner collectors. However, some of the rarest 50p coins can be worth thousands of pounds, making them an attractive investment for more experienced collectors.

Original source:thesun

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