When was the last time you checked your rare coin collection?
It's always crucial keeping an eye on what bit of change you've got lying around the place. That's because certain pieces could be worth an eye-watering amount.
Take the Kew Gardens 50p coin, there's just 210,000 of them in circulation, making it highly desirable among Brits. Now we've seen one sell for hundreds on eBay.
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It all began with a starting price of 99p before shooting to £50 within a matter of a few bids. In the end, it sold for £130, around 260 times its face value.
The iconic piece scooped 14 bids from a total of seven different users. Within a five-day bidding period, it went from a few pennies to the £100 region fast.
According to the seller, the Kew Gardens 50p coin in question was a 2009 Genuine Circulated piece. There's just 210,000 of these in circulation since the release.
Brits are often eager to get their claws on a piece like this. Since the mintage is quite low, there aren't many of them across the UK.
The Kew Gardens 50p coin was first released to mark the 250th anniversary of the London landmark. It features the Chinese Pagoda located at the touristic hotspot.
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How can I tell if my Kew Gardens coin is real?
With so many of these coins being sold on eBay every day, it's so important knowing how to tell which ones are genuine and not fake.
The last thing you want when you're buying your coin is a scam. Firstly, it should have the Queen's head with a neck that ends up pointing at the "P" in "Pence".
Also in the neck area of the heads sign, a genuine coin will feature the initials of Ian Rank-Broadley (IRB), if not then you should walk away immediately.
To determine the rarity of a 50p coin, one must consider its design, mintage quantity, and historical significance. You could find mintage figures on the Royal Mint website.
This also determines its rarity. The 2019 version of the Kew Gardens coin bears a different effigy of Her Majesty The Queen than the original 2009 version.
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