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Cryptocurrency News Articles

The TT 50p Coin: A Rare and Valuable Piece of Isle of Man History

Nov 16, 2024 at 01:00 pm

The TT 50p, minted by the Isle of Man Treasury in 1997, was sold on eBay for £250. Coming from the Isle, it cannot be used as legal tender in the UK.

The TT 50p Coin: A Rare and Valuable Piece of Isle of Man History

A rare Isle of Man 50p coin, featuring two TT riders, has sold on eBay for £250.

The coin, minted in 1997, was described by the seller as being ’’very rare’’.

It is not legal tender in the UK, despite being minted by the Isle of Man Treasury.

The head of the coin features Queen Elizabeth II and the iconic triskelion, which is depicted on the flag of the crown dependency.

The tail of the coin shows two riders in the TT races, an event which is held annually on the Isle.

The rider in the foreground has the number 9 on his bike, which is widely believed to represent Phillip McClellan, who won 11 TT titles in his career.

However, this has never been officially confirmed.

The rarity of the coin is due to its size, according to the seller.

When the 50p was first introduced into circulation in 1969, it had a diameter of 30mm, which was later reduced to 27.3mm.

The coin in question is 30mm in diameter, making it larger than current 50p coins.

Despite the seller’s claims, experts have said that the coin is not particularly rare and that it is likely to be worth around £50-£75 to a collector.

The Isle of Man had a population of around 75,000 in 1997 and the coin never entered circulation in Great Britain or Northern Ireland, which may contribute to its perceived rarity among collectors.

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