Rare Queen Elizabeth 50p coin on sale for £16,000

The item is listed on the online marketplace for 32,000 times its face value and features words including a Saxon history reference.

A rare 50p coin is being flogged on eBay for a staggering £16,000 - 32,000 times its face value.

The coin, which features words including a reference to Saxon history on the front, has left coin collectors in a frenzy.

The coin is being sold on the online marketplace for a huge sum, with the listing boasting of its rarity and unique features.

The coin is part of the British Decimal Coinage (c.1971-Now) and was struck in 2005, according to the listing.

It features Queen Elizabeth II on the back and is sure to impress any coin collector with its unique design and high-quality materials, the listing adds.

The coin is a great addition to any coin collection, with the listing urging potential buyers to not miss their chance to own this stunning 50p coin.

The item is listed for £16,000 with free postage for the coveted item, which is sure to attract the attention of any coin collector.

The coin is located in Reading, just over the Oxfordshire border, and the listing can be viewed here.

Coin collectors have been known to make a quick buck by flogging rare coins on eBay for huge profits.

Similar rare 50p coins are listed on eBay for whopping profits, with some on for as much as £50,000.