eBay rare coins: Battle of Hastings 50p listed for £60,000 – is the high price worth it?
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Listed on eBay and branded as “extremely rare” by the current owner, the seller, who goes by the screen name “123recovery” has graciously allowed interested buyers to purchase the coin instantly through the “Buy Now Function” for £60,000. On top of the high price, the seller is offering standard postage and delivery for an extra £2.00. So at more than 6,000 times its face value, is the coin as rare as the owner is claiming?
The coin, which commemorates the 1066 battle, was printed by the Royal Mint in 2016 when it first entered circulation.
There are around 6.7 million of them about. Nevertheless, it seems the Battle of Hastings 50p coins has sold for huge fees in the past.
Why has the seller priced it so highly?
The price an object is put on sale for on eBay is up to the seller and does not necessarily reflect its actual value, which could explain why some coins are listed for as much as £10,000,000 on the auction site.
By shopping around, those who are on the hunt for the coin of the famous battle could save a lot of money.
What is the rarest coin?
With so many commemorative coins released each year, it stands to reason that some become more rare than others, going on to fetch more than a pretty penny at auction.
1. Kew Gardens
No change at the top, as the Kew Gardens 50p remains the rarest coin in circulation, with just 210,000 of them created a decade ago.
Released to celebrate the 250th anniversary of the Gardens, the coins can sell for up to £160 on eBay.
2. 2002 N. Ireland Commonwealth Games £2
Just under half a million (485,500 to be precise) of these £2 coins celebrating Northern Ireland’s participation in the Commonwealth Games of 2002 were minted, making them the rarest variant of the £2 coin around.
Part of a set depicting the four home nations – Wales, England and Scotland versions of the same coin are also highly sought after – if you have one in your possession, an asking price of £30 is not unreasonable to collectors.
3. 2015 Navy £2
The standard collector’s price for this coin – released to commemorate the Royal Navy’s efforts in World War One – is about £10, however some are selling for as much as £100 on eBay.
It features a battleship design by military artist David Rowlands and the fifth portrait of Her Majesty Queen Elizabeth II to appear on UK coinage.
Only 650,000 of them were ever produced.
4. 2015 Britannia £2
You’d expect the introduction of a new standard design of coin to come with high mintage figures, but in the year that the Britannia £2 design was brought in (replacing the old ‘Technology’ design which had featured on the coin since 1997), only 650,000 of them produced.
This makes a 2015 dated £2 coin the joint third rarest £2 coin in circulation.
5. 2002 England Commonwealth Games £2
With just 650,500 produced, England’s entrant to the Commonwealth Games set is the third rarest of the four (Scotland’s is ‘least’ rare, though is still fairly scarce with only 771,750 ever made).
Again, it follows the usual Commonwealth Games £2 coin design, but feature the cross of St. George, and sells for similar prices to the Scottish coin – about £10.
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