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Cryptocurrency News Articles

Rare Kew Gardens 50p Coin Sells for 279 Times Face Value in Astonishing Auction

Apr 04, 2024 at 08:01 am

A rare Kew Gardens 50 pence coin, minted in 2009, has recently sold online for a staggering £139, marking a significant 279 times its original value. This highly sought-after coin features intricate engravings of the royal botanical gardens' pagoda and Queen Elizabeth's effigy, commemorating its 250th anniversary. With only 210,000 pieces minted, the Kew Gardens 50p coin has become a coveted treasure among collectors.

Rare Kew Gardens 50p Coin Sells for 279 Times Face Value in Astonishing Auction

Rare Kew Gardens 50p Coin Fetches Astonishing 279 Times Its Face Value

In a remarkable online auction, a scarce Kew Gardens 50p coin, minted in 2009, has been sold for a staggering £139, a staggering 279 times its face value of 50 pence.

Issued in limited quantities of approximately 210,000 pieces to commemorate the 250th anniversary of the opening of London's renowned royal botanic gardens, theKew Gardens 50p coin has quickly become a highly sought-after collectible among coin enthusiasts.

The coin's distinctive design features the iconic pagoda of Kew Gardens adorned with trailing vines on one side, while the obverse depicts the regal profile of Queen Elizabeth II. Its rarity and exquisite craftsmanship have earned it the distinction of being the most coveted 50p coin in circulation.

Listed on eBay with a starting price of £100, the coin attracted intense bidding from four determined collectors. After 13 bids, the coin was ultimately acquired by the highest bidder for £139, with an additional £4.99 for economy delivery.

The remarkable sale underscores the enduring value of rare and collectible coins. While the Kew Gardens 50p coin may have been in circulation for over a decade, its scarcity and desirability have catapulted its worth to extraordinary heights.

Numismatists and collectors alike are advised to meticulously examine their coin collections, as similar rare pieces may be hidden in plain sight. The Royal Mint website and online auction platforms offer valuable resources for assessing the potential worth of coins.

However, it is crucial to exercise caution when dealing with rare coins. Counterfeit coins are unfortunately prevalent, so thorough research and, if necessary, professional consultation are highly recommended before making significant purchases.

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