After revealing some months ago that the Kew Gardens 50p is the rarest of all the 50p coins currently in circulation, the Royal Mint has successfully pushed the story out into the national press.
The resultant hype has seen prices sky-rocket. The Guardian initially reported prices being paid of £24 for the coin but before long the Daily Mirror and other news sources were quoting prices of £120 from e-Bay.
Incredibly, as we write, an original Brilliant Uncirculated version in a Royal Mint presentation pack (not actually one of the coins that went into circulation) is currently listed with bids of £310 on e-Bay.
But let’s step back from the hype for a minute and consider the facts:
- Yes, with just 210,000 pieces ever released into circulation this is a very scarce coin.
- That does mean that there is only one coin for every 300 people in the UK.
- Collectors will have taken some out of circulation.
But most of the coins will still be in circulation and remain so for many years.
25% of Change Checkers own the Kew Gardens 50p
In fact if you keep your eyes peeled as a Change Checker, you’ve still got fair chance of owning one. Amongst 50p Change Checkers about a quarter have Kew Gardens listed in their collection and we’re sure they haven’t all paid £120 for their coins.
So what to do if you’re impatient to own one. Well don’t panic and pay today’s prices, which are hugely inflated by the media hype. Bide your time a little and look around.
And, in case you really want one now, we’ve got 5 in stock, which we’re selling for only £17.50 each. If you’re interested just fill in the form below.
So there are two morals to the Kew Gardens story:
- You never know what treasure’s in your pocket
- Don’t believe everything you read in the papers.
Happy Change Checking.
Register your interest in a Kew Gardens 50p for £17.50
Enter your name and contact details below before 28th February to register your interest in one of five Kew Gardens 50ps we have available. If we receive more than five enquiries before the closing date we will draw five people at random and contact them directly with further details.
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