Rare 50p coin could be worth £155 if it includes a specific mistake

A coin expert shared what Brits should look out for in their wallets

A rare 50p coin could be worth £155 if it includes a specific mistake, an expert has said.

The piece, from 2022, must feature a specific error to make it especially valuable.

Speaking on TikTok,the Coin Collecting Wizard shared what Brits should look out for in their wallets.

The coin was minted in 2022 but many people mistakenly think this piece is worth more than it actually is, he said.

One follower offered him this coin for an inflated price of £5,000, The Mirror reports.

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In a video, he said: "So let's discuss this and get these facts straight.

“This coin was released in 2022 to celebrate 50 years of pride in the UK. The design is stunning.

“But here's the big question - is it valuable? Now, let's talk numbers. Around 5 million of these coins were put into circulation, meaning it's not rare.

“However, there were also limited edition versions released by the Royal Mint in brilliant uncirculated, silver proof, and gold proof. Those are worth real money.”

The expert then revealed more about the error coin, which is selling for £155. On this version, the rainbow design of the tail side of the coin can also be seen on the head side, around the image of Queen Elizabeth II.

He said: “So what's it worth? If you find one in your change, it's still worth just 50p. But there was a rare error version of this coin found recently.

“Here you can see the error on this pride 50p. A die clash occurs when the obverse and reverse dies are damaged upon striking each other without a planchet [a blank piece of metal that is punched out from a sheet of metal to make a coin] between them.

“The lucky owner of this error coin auctioned it recently and the auction ended at £155 - what a result for a 50 pence piece.

“So if you've got a regular one, it's not going to make you rich. But if you've got the error version, now that's a different story.”