Rare 2011 Judo 50p Coin Fetches Over 20x Face Value on eBay

A 2011 Judo 50p commemorative coin sold for £10.50 on an online marketplace, significantly exceeding its face value. The rare coin was part of a series minted for the 2012 Summer Olympics in London and was designed by David Cornell, who submitted his Judo design in a public competition. With a mintage of only 1,129,500, the coin's low availability and collector interest contributed to its premium sale price.

Rare 2011 Judo 50p Coin Sells for Over 20 Times Its Face Value on eBay

A rare 2011 Judo 50p coin has been sold for £10.50 on the online marketplace eBay, sparking excitement among coin collectors. The coin, which was minted to commemorate the 2012 Summer Olympics held in London, has sold for more than 20 times its face value. The winning bidder will also pay an additional £2.20 for postage and handling.

The 2011 Judo 50p coin is one of 29 commemorative coins designed by the public as part of a competition hosted by The Royal Mint. Out of 30,000 submissions, David Cornell's Judo design was selected. The Royal Mint has confirmed that these Olympic coins are a rare and valuable addition to any collection, especially those with a low mintage.

A spokesperson for The Royal Mint said: "In the build-up to the London 2012 Olympics, The Royal Mint held a coin-design competition to produce a series of 50p pieces on an Olympic sports theme. The competition was open to anyone, and it resulted in 29 coins and introduced the youngest-ever designer of United Kingdom coinage at just nine years old."

The spokesperson added: "With the highest mintage being the archery coin by Piotr Powaga at 3,345,500 and the lowest mintage being the wrestling coin by Roderick Enriquez at 1,129,500, any of these Olympic coins are a rare and exciting addition to a collection."

The Royal Mint advises collectors to consider the mintage of a coin before committing to a price and to consult an expert if necessary. However, the sale of the 2011 Judo 50p coin on eBay demonstrates the growing interest in rare coins and the potential for significant returns on investment.

Coin collectors who are eager to add the 2011 Judo 50p coin to their collection are advised to monitor online marketplaces and consult with reputable coin dealers to find the best prices and ensure authenticity.