Public warned not to spend rare 50p coin which could be worth £410
Gregory Robinson
Featured Image Credit: Shutterstock
Stop what you’re doing and check your purse immediately because you may be in possession of a rare 50p coin, which could be worth nearly a 1,000 times its worth.
The British public is being warned to keep an eye out for a particular silver heptagon coin, and believe us when we say doing this could literally pay off.
A 50p coin from over a decade ago was sold for a large sum of money after it was listed for an online bid.
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The coin was sold for a whopping £410, or around 820 times its original value.
For that amount of money you could pay some bills, go on a shopping trip or even book a nice city break.
Ever since the sale, Brits have been keeping a watchful eye on the 50p coins in their pockets and purses, which could also end up being worth a lot more than their original value.
If you fancy having a little treasure hunt of sorts for a valuable 50p coin, the 2009 Kew Gardens coin is estimated in worth to be around the £140 mark.
As time passes, the Kew Gardens coins become more rare as a collector’s items and the prices reflect the demand for them.
Unveiled at the end of the 2000s, the coin was released to commemorate the 250th anniversary of the scenic Royal Botanic Gardens when it was first opened to the public in 1759.
According to the Royal Mint, the Kew Gardens 50p is considered to be one of the rarest coins in circulation today.
And we can totally understand the hype since only 210,000 coins were ever minted with this particular design, leading to the Royal Mint to hail it ‘the rare 50p collectors go crazy for’.
The coin’s unique design features the famous Chinese Pagoda at the Royal Botanic Garden. Keep an eye on the date listed on the coin as the one from 2009 – not the reissues released in 2019 to celebrate the release of the 50p coin itself – is the one that collectors want.
"The venerable institution depicted on the Kew Gardens 50p coin is the nation’s most famous royal botanical garden,” the Royal Mint’s website explains.
"The reverse design, created by Christopher Le Brun RA, features the famous Chinese Pagoda at Kew with a decorative leafy climber twining in and around the tower.
"Demand for the 50p denomination was not high at the time of release into circulation which explains the low mintage of this particular design."