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Public warned not to spend rare 50p coin which could be worth £410

Home> News

Published 16:04 8 May 2023 GMT+1

Public warned not to spend rare 50p coin which could be worth £410

Brits are being advised to be on the lookout for a coin which could be worth nearly a lot of money.

Gregory Robinson

Gregory Robinson

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.

The 50p could be worth a lot of money.
Shutterstock

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.

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Check all your 50p coins immediately.
Shutterstock

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.

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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’.

This 50p - released in 2009 - is a huge collector's item.
Royal Mint

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.

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"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."

Featured Image Credit: Shutterstock

Topics: Money, UK News

Gregory Robinson
Gregory Robinson

Gregory is a journalist working for Tyla. After graduating with a master's degree in journalism, he has worked for both print and online publications and is particularly interested in TV, (pop) music and lifestyle. He loves Madonna, teen dramas from the '90s and prefers tea over coffee.

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