The sought-after Kew Gardens 50p coin has been revealed as the rarest in circulation by the Royal Mint.
Dec 01, 2020 KEEN coin collectors can now get their hands on a new The Snowman 50p coin - and it could be worth up to £174. It's the third 50p coin that features the children's book character by the Royal Mint. The Kew Gardens 50p is one of our most iconic and loved 50p coins and The Royal Mint has chosen to honour it by including it within our Celebrating 50 Years of the 50p 2019 British Culture Set.
Buffalo gold free slots online to play. According to the top 10 rankings, released ahead of the 50th anniversary of decimilisation on 15 February, the coin is comfortably ahead of the competition.
The rest of the list is dominated by the Olympic-themed 50ps minted in 2011 to commemorate the London 2012 games, and the popular Beatrix Potter coins.
Why is the Kew Gardens 50p coin the rarest in circulation?
But while these all have a mintage above 1,000,000, only 210,000 Kew Gardens 50p coins were released into circulation.
For comparison, the most common coins in circulation have a mintage in the tens or even hundreds of millions – the 1997 Britannia 50p was minted 456,364,100 times.
The Kew Gardens coin was minted in 2009 to mark the 250th anniversary of the Royal Botanic Gardens, which were founded in 1759 by King George III’s mother Princess Augusta.© Provided by The i Just 210,000 Kew Gardens 50p coins were released into circulation (Photo: PA)
Its scarcity has made it treasured by collectors, the Royal Mint explains: “The sheer variety has sparked a collecting craze but of all the 50p coins, the Kew Gardens 50p is arguably the most sought-after.
“Nothing gets people excited quite like this original 2009 design. Just 210,000 were released into circulation and with almost all of them in private hands, the chances of coming across one in your change are slim.”
It adds: “Demand for the 50p denomination was not high at the time of release into circulation which explains the low mintage of this particular design.”
50p Coin The Royal Mint
According to Matt Curtis, The Royal Mint’s Historics and Collector Services Expert: “As the mintage numbers were so low, many collectors removed the coins from circulation when found.”
A new version of the Kew Gardens 50p was issued in 2019, as part of a special British Culture Set marking 50 years of the 50p coin.© Provided by The i The Kew Gardens coin was minted to mark the institution’s 250th anniversary (Photo: Getty Images)
What are the rarest 50p coins in circulation?
Here are the rarest 50p designs in circulation, with their year and their total mintage, according to the Royal Mint:
1. 2009 Kew Gardens, 210,000
2. 2011 Olympic Wrestling, 1,129,500
=3. 2011 Olympic Football, 1,161,500
=3. 2011 Olympic Judo, 1,161,500
5. 2011 Olympic Triathlon, 1,163,500
=6. 2018 Peter Rabbit, 1,400,000
=6. 2018 Flopsy Bunny, 1,400,000
8. 2011 Olympic Tennis, 1,454,000
9. 2011 Olympic Goalball, 1,615,500
10. 2011 Olympic Shooting, 1,656,500
How much is the Kew Gardens 50p coin worth?
The Royal Mint 50p Coins
The rare coins website Change Checker has an eBay tracker, which details how some 50p coins can fetch significant sums in the secondary sale market.
This reports that the 2009 Kew Gardens coin sold for an average of £156 over the auction website’s nine most recent listings, according to the most recent update, a significantly higher sum than its rivals.
It should be pointed out, as the website states, the market in supposedly valuable coins “can be a bit of a minefield,” and it’s important to do your research before being taken in by viral stories of coins fetching huge sums.
Last year, for example, various reports claimed a Battle of Hastings 50p sold for £63,000 on eBay, supposedly because it was “very rare”.
This coin was launched in 2016 to commemorate the famous battle’s 950th anniversary, with as many as 6.7 million entering circulation.
Speaking to The Mirror, Alexandra Fiddons from Change Checker wasn’t able to explain exactly why the coin would sell for such a purportedly high fee, but said that sometimes “random coins” do reach surprising prices.
50p Fifty Pence Mintage Figures - Royal Mint
While some coins can fetch sums comfortably above their 50p value, often it is “error coins” – versions which found their way into circulation after being minted with mistakes – which are particularly valued by collectors.