Latest news with #Brexit50p
Daily Mirror
15-07-2025
- Business
- Daily Mirror
Rare 'Brexit' 50p coin worth £40,000 could be in your change
The coin needs to be from a specific date to be especially valuable An expert has urged Brits to look out for a rare 50p coin that could be worth as much as £40,000. However, this piece needs to feature one of two specific dates to be especially valuable. Known as the ' Brexit ' coin, this 50 pence piece was minted to commemorate the date that the UK left the EU. This occurred on January 31, 2020. But, interestingly, a number of these coins were produced with what is now an incorrect date as it had been planned that Brexit would take place the previous year. Therefore, the specific dates you want to find are March 29, 2019, or October 31, 2019. In a video uploaded to social media platform TikTok, an expert known as the Coin Collecting Wizard explained more. He said: 'So let's start from the beginning. 'This coin is the Brexit 50p from 2020 and as you can see it clearly has the Brexit date at the bottom of the coin. But did you know there is another date out there on this 50 pence and only a few have ever been found? 'If you find the Brexit 50p coin in your change, which is most likely as millions were minted for circulation, then all you need to do is check the date at the bottom of the coin. If your date says 31st January 2020, then this is just the regular common version worth 50 pence, but if you are super lucky and find one with a date other than 2020, such as this one from October 2019, then you have just found a super rare error coin.' He added: 'And yes it has been known to sell for £40,000. Just be sure you know what you are looking for any date other than 2020 and you have hit the jackpot.' The reverse side of the coin (also known as the tail side) is easy to spot and features the phrase 'peace, prosperity and friendship with all nations'. On its obverse side (head side) you will see the image of Queen Elizabeth II. It is thought around 1,000 of the March Brexit coins were minted, although most of these were melted down. But approximately one million of the October coins were produced. The majority of these were also melted down when Brexit was delayed again but two surviving coins have since been found. Experts at The Westminster Collection commented: 'While the 31st January 2020 Brexit 50p is an important historical coin, its mintage of over 10 million means it is not particularly rare. In contrast, the 31st October 2019 Brexit 50ps are some of the rarest modern UK coins, with just two known examples in existence—and an estimated value of over £40,000 each, according to numismatic specialists at Spink and Son auction house.' They added: 'With only two known examples of the ultra-rare 31st October 2019 Brexit 50p discovered so far, it raises the thrilling possibility that more could be waiting to be found. Collectors are being urged to check their change - you might just strike gold!'
Scottish Sun
07-06-2025
- Business
- Scottish Sun
Warning issued to UK households over ‘rare' 50p coins that are being sold on eBay for up to £100
The coins aren't always worth as much as they seem to be MONEY MATTERS Warning issued to UK households over 'rare' 50p coins that are being sold on eBay for up to £100 Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) EXPERTS have warned Brits to be careful after discovering "rare" 50p coins selling on eBay for hundreds of pounds. Coin collectors revealed the true value of the coins and warned would-be collectors to be vigilant. Sign up for Scottish Sun newsletter Sign up 3 Some "rare" coins are only worth their face value Credit: EBay 3 Coins selling for hundreds of pounds are rarely worth that much Credit: EBay Everyday Brits were warned that the coins selling for hundreds or even thousands are often worth nowhere near that much. While some coins are super rare finds, part of a low mintage of featuring mistakes, the majority are only worth their face value. A coin collecting expert who goes by the name @ shared the truth about the rare pieces. Some listings spotted by the expert on eBay had price tags of up to £100,000, a massive markup. One particular coin that is often seen listed with an eye watering price tag is the "Brexit 50p" which is not rare at all. Despite numerous listings on eBay pricing the 50p piece at upwards of £10,000 the coin is only worth its face value. Brits who are looking to get into coin collecting were warned to avoid the dodgy listings. 3 The Brexit 50p has been listed for more than £10,000 Credit:The Brexit 50p features writing on the "tails" side reading: "Peace Prosperity And Friendship With All Nations." It had a 10 million odd mintage meaning it is not rare in the slightest and only holds its face value of 50p. Another common discovery on eBay is the Mrs Tittlemouse 50p, which has been listed for £10,000 plus. Olympic Aquatics 50p coin error The coin expert again debunked the eye watering price tag explaining that the piece was only worth around £3. While rarer than the Brexit 50p the Mrs Tittlemouse 50p still isn't worth anywhere near what some sellers are asking for it. Even the rarest coins often sell for less than £1,000 with one of the rarest coins in UK circulation, the Kew Gardens 50p, selling for £800. Some collectors will pay extortionate amounts for rare pieces but coins rarely sell on eBay for the prices sellers sometimes ask for. Coins are made rare by having a low mintage, meaning only a few were printed, or by having mistakes. Currency minted with mistakes is very valuable to collectors since an exceedingly small number of coins are printed and put into circulation with errors on them. Commemorative pieces like the London Olympics coins are rare too with only a few put into circulation for a limited time. But even the Olympic coins aren't worth much more than their face value unless they have an error. To spot a rare coin Brits have been urged to check their mintage numbers before buying or selling them. Rare metal coins, such as gold bullion, have an inherently high price due to the cost of the metals they are made of.
