Rare Kew Gardens 50p sells for fortune on eBay – and theres thousands out there

A rare coin has just sold for over 300 times its face value on eBay.

The Kew Gardens coin is one of the most popular to collect as it features the infamous Chinese Pagoda.

Around 210,000 were minted and released into circulation making the design very rare back in 2009.

A copy of the coin was sold onto collectors after racking up a total of 34 bids over the weekend online.

The seller explained this one had been in circulation but was still in "great condition".

It started with a listing of 99p and within seven days it closed with the final £161.55 sale on October 10.

Occasionally coin collectors are willing to spend a lot of money on these sort of things.

The coin was designed by Christopher Le Brun that shows the Kew Gardens pagoda with the dates 1759 and 2009.

It first entered circulation in 2009 through post offices and banks across the UK.

The 50p is thought to be rare as there are only a few thousands, compared to a standard minting of around 5 million.

According to the Royal Mint, around one in every 300 households in the UK could own a Kew Gardens 50p.

The money experts at ChangeChecker named the coin as the most valuable 50p.

Those who purchased the limited edition Kew Gardens 50p directly from the Royal Mint £30 could sell it for so much more.

Nowadays, the coins typically trade for around £300 today, although it could go for so much more on eBay.

Previously the rare coin sold for £200 on eBay.

  • Minimum wage set to go up to £9.42 an hour from next April, reports claim

Want all the biggest Lifestyle news straight to your inbox? Sign up for our free Daily Star Hot Topics newsletter

And in other coin news, a rare Blue Peter 50p coin sold for a fortune on eBay.

It was minted in 2011 and released into circulation with around 2.2 million around.

The coin, which features an athlete doing the high jump, proved popular on eBay as it was sold for £286.

Along with this rare version, there were 26 different designs released to celebrate the Olympic Games held in London in 2012.

Source: Read Full Article