Rare coin collector shows 50p worth £25k – but warns specific ...
Brits who collect rare coins have been warned a specific piece could be listed for £25,000 – when it's worth just 50p. The TikTok user spoke about the design on his pageCoin collectors would spend just about anything to get their claws on a piece. The Kew Gardens 50p coin is worth hundreds, but on some cases can flog for a fortune. With just 210,000 of these designs in circulation, it's understandable why most Brits want to get their hands on one.
Be Cautious of Overpriced Coins
Now one TikTok user warned people a specific piece can sell for £25,000 online. According to user @CoinCollectingWizard, who boasts 139,000 followers on the platform, the Brexit coin from 2020 has a mintage of over 5 million as he asked: "So why on Earth would it be worth £25,000 you ask? Well it wouldn't, sometimes this common 50p you likely had in your change pops up on places with extortion price tags."
Community Reactions to the Rare Coin
Since the video was posted, it garnered hundreds of likes and dozens of comments. One said: "Great video," while another added: "Awesome video bro, love the coins!" Meanwhile, other TikTok viewers claimed to have nabbed a version of the coin as one gushed: "Have both." While a second admitted: "I have this one!"
The Story Behind the Brexit Coin
The Brexit coin was created to mark the UK's withdrawal from the European Union. Over 10 million were minted by the Royal Mint with the date of 31 October 2019, which was the day planned for official withdrawal. However, by late October, minting was paused and subsequently those set of coins were recycled as the leaving date was delayed. In January 2020, a new series of 'Brexit' 50p coins were released to mark the actual withdrawal date of the UK from the EU with the triggering of Article 50 on 31 January.
