Rare 2009 Coin Sold for 330 Times Its Face Value.

Rare 2009 Coin Sold for 330 Times Its Face Value
Rare 2009 Coin Sold for 330 Times Its Face Value

According to The Sun: The unique coin was sold for an impressive sum of £165 after a fierce auction battle.

The 50p coin featuring an Olympic design from 2009 received 27 bids and sold for 330 times its nominal value.

britanniacoincompany.comOnly 19,722 Blue Peter Athletics 50p coins were issued

This valuable artifact was originally part of the Blue Peter set.

The coin was packaged in a blue cardboard sleeve labeled "Blue Peter 50p – Winner’s Edition."

Although 50p coins with Olympic themes are not considered rare, as The Royal Mint issued 2,224,000 pieces, only 19,722 Blue Peter-branded packages were available.

The coin's design was one of the first among the 29 officially licensed Olympic coins of London 2012.

The 50p coin was created by Florence Jackson, who was just eight years old at the time of the competition.

The final design was chosen from over 17,000 submissions in the Blue Peter competition.

The reverse side of the coin features the late Queen Elizabeth II.

It is quite possible that this coin could sell for an even higher amount than £165.

Previously, this artifact sold for up to £262 on eBay after a similarly heated bidding war.

According to Britannia Coin Company, its value could even reach £265.

The coin has the same size and weight as a regular 50p coin – 8g and 27mm in diameter.

However, it has not been circulated, making it shinier compared to a regular 50p coin.

If you have a coin collection at home, it's worth checking if you have this coin.

What Factors Make Coins Rare?

Rare coins can sell for thousands of pounds if the right buyer appears. But what makes a coin rare?

Usually, coins with low mintage are considered rare since there are few in circulation.

You can find out the mintage of a coin by checking The Royal Mint's official website.

A coin may also be considered rare if a mistake occurred during production.

Coins that were produced incorrectly are typically called 'error coins'.

In some cases, the number of such coins in the market may be limited, making them extremely rare and valuable.

For example, one of the 'error' coins, known as the 'lines on the face' 50p, previously sold for £1,500.

Also, a rare 2014 coin could be worth an impressive £1,000, depending on the buyer.

How to Sell a Rare Coin?

There are three main ways to sell rare coins – through eBay, Facebook, or at an auction.

If you choose Facebook, make sure to post quality photographs and accurately assess the coin.

Research how much similar coins have sold for on other platforms like eBay to price yours correctly.

Another option is to sell at auction, which can be organized through The Royal Mint's collectors service.

They have a team of experts who can assist you in verifying and appraising your coin. You can contact them via email, and a member of the appraisal team will respond to you.

Keep in mind that there is a fee for this service – the cost varies depending on the size of your collection.

You can also sell rare coins on eBay. In all three cases, it’s important to remember that a coin will only sell for the amount a buyer is willing to offer on a specific day.

EBay Coins that combine rarity, unique design, and historical significance will always attract collectors. This particular coin not only reflects the success of young Florence Jackson's creativity but also becomes a symbol of Olympic achievements, adding extra value in the collectibles market. Therefore, if you are a lucky owner of such artifacts, do not hesitate to check their worth!

Read also

Advertising