Commemorative cash are of nice curiosity to plenty of individuals and a few could flip to the web site eBay to seek out cash for their assortment. One such coin is the distinctive Kew Gardens 50p, certainly one of which sold this week for over £100. The piece sold on 12 June for £106.70, following a complete of 11 bids. It was sold by eBay person “lazley123” who has been a longterm member on the public sale website and has a 100 per cent optimistic suggestions charge.
So how uncommon is it?
The distinctive Kew Gardens 50p was probably the most precious coin final 12 months, that means it’s excessive in demand amongst many coin collectors.
It was first launched in 2009 to rejoice 250 years since London’s Kew Gardens opened its gates.
Solely a small batch of 210,000 cash have been launched into circulation.
The Kew Gardens’ commemorative coin options the well-known Chinese language Pagoda at Kew with an ornamental leafy vine twisting round it.
Designed by Christopher Le Brun RA, the coin is additionally engraved with the dates 1759 and 2009.
Initially, uncirculated variations of the coin have been sold straight by the Royal Mint in particular packaging.
Earlier this 12 months nevertheless, The Royal Mint launched a set of 5 rigorously curated commemorative version 50p cash, together with the UK’s most sought-after Kew Gardens 50p.
Is it worth it?
In January, the Kew Gardens 50p coin was valued at roughly £97.00 on Change Checker’s shortage index.
Nonetheless, since then, the coin has seen a rise of roughly £5 on the secondary market. It’s at present promoting for round £102 on eBay – greater than 200 instances its face worth.
Many collectors have been involved that the 2019 re-difficulty of this 2009 coin would make it much less collectable, but it appears the alternative has occurred and the renewed hype surrounding the UK’s rarest 50p has solely led to a rise within the demand for the coin.
Talking on the historical past of the 50p coin, the Royal Mint acknowledged: “In October 1969 the 50p joined the 5p (shilling) and 10p (florin) cash in circulation, leaving solely the three copper cash to be launched on 15 February 1971 to finish the brand new sequence of decimal cash. The design on the reverse of the 50p coin featured a logo of Britannia that has appeared on our coinage since 1672. Whereas this design could have been conventional, the form of the brand new 50p coin, an equilateral curve heptagon, was revolutionary.
“This made it simply distinguishable from spherical cash each by really feel and by sight, whereas its fixed breadth allowed it to roll in merchandising machines.With the introduction of smaller 5p and 10p cash in 1990 and 1992 respectively, the 50p grew to become the biggest coin in circulation. In October 1994 the Authorities introduced an additional evaluate of the UK coinage.
“The results revealed a requirement for a smaller 50p coin, which was duly introduced on 1 September 1997. Since its issue, the 50p has been used on several occasions to celebrate important events, each being commemorated on a new reverse design.”