The most sought-after 50p coin sold for £175 – do you have one?
A lucky coin connoisseur has won a rare Kew Gardens 50p for £175, after 50 people bid on the rare coin on eBay.
One side of the coin depicts the country’s most famous botanical gardens.
The other side features the Queen’s face, as is the case with 50 pence coins.
The Royal Mint, which produces coins for the UK, said: “Of all the 50p coins, the Kew Gardens 50p is arguably the most sought after.
“Nothing excites people like this quirky design from 2009.”
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According to Coin Hunter, the Kew Gardens 50p typically sells for between £150.89 and £161.50, which means this buyer has parted with a bit more money than average.
But why is it so special and sought after?
The piece was originally published in 2009.
When first produced, only 210,000 pieces were made worldwide.
DO NOT MISS
While such coins are rare, it might be worth having people at home check their purchases and wallets.
They may have a rare coin that is worth a small fortune.
However, you may have a slightly less rare Kew Gardens 50p in your hands.
Indeed, a recirculated version of the sought-after coin was minted in 2019, to celebrate the 50th anniversary of the 50p coin, which was created in 1969.
Because a much higher number of this coin was minted, it is less valuable to collectors.
But how can currency enthusiasts tell the difference?
Royal Mint explained: “The 2019 version bears a different effigy of Her Majesty The Queen than the original 2009 version and of course features the 2019 mint date, but the Kew Gardens 50p design remains as iconic as ever.
“While this reissue gives collectors a chance to own a 2019-dated version of this sought-after design, it takes nothing away from the original circulating coin for anyone lucky enough to own one.”
Because an original 2009 Kew Gardens 50p is so rare, there are fakes that can be hard to spot with the untrained eye.
Change Checker has provided some tips for spotting a fake.
The website recommended people look for a frosted pattern or very high relief on the side representing Kew Gardens, which can be found on some fakes.
They can also look for a pointed pointed roof on the pagoda and lines either side of the word “Kew”.
On the side that features the Queen’s head, coin enthusiasts should look for the Queen’s neckline; it should point to the ‘P’.
On a fake Kew Gardens 50 pence coin, the Queen’s neck may point towards the ‘E’ or between the ‘P’ and the ‘E’.
Next, they should check the size of the creator’s initials, IRB.
They should also examine the details of SAR’s face, as fake parts can be less detailed and more rounded.