Are Royal Mint coins worth collecting?
Such coins are so expensive due to extreme rarity and unique history. The most valuable British coin is the Gold Double Leopard from the reign of Edward III in 1344. Only three of these coins are known to exist – two of which are in a museum – and the other sold in 2006 for £460,000.
Gold has proven its worth for the Royal Mint, with sales of the precious metal helping it to a £12.7m profit last year. Much of this was driven by younger investors, with the Mint reporting a 430% increase in millennials investing in gold, mostly via its DigiGold online platform.
The famous 2009 Kew Gardens 50p remains the most coveted coin in circulation, with a mintage of just 210,000. Other rare designs include the 2011 Olympic 50p's and the highly collectable Peter Rabbit 2018 coins.
1 | Saint-Gaudens Double Eagle | $20,165,100 |
---|---|---|
2 | Flowing Hair Silver Dollar | $13,280,850 |
3 | Brasher Doubloon | $9,986,500 |
4 | Edward III Florin | $6,800,000 |
5 | Umayyad Gold Dinar | $5,405,400 |
- Kew Gardens (2009), 210,000.
- Olympic Wrestling (2011), 1,129,500.
- Olympic Football (2011), 1,161,500.
- Olympic Judo (2011), 1,161,500.
- Olympic Triathlon (2011), 1,163,500.
- Peter Rabbit (2018), 1,400,000.
- Flopsy Bunny (2018), 1,400,000.
- Olympic Tennis (2011), 1,454,000.
In our experience, a commemorative coins' value usually lies in the fact it's a collectable item. If it's rare, it will probably be worth far more than its face value. Non-circulating commemorative coins are particularly sought after and treasured by collectors for their aesthetic appeal or rarity value.
Gold is considered a reliable investment in all cases. Gold bars are particularly so, since their value can be accurately determined by the live spot price. Gold coins will command slightly higher premiums over the spot price than gold bars, due to the extra minting costs, and the commemorative nature of their value.
Although gold sovereigns carry a £1 face value, the coin's true worth is far more because it is made from 0.235 troy ounces of gold – slightly more than a traditional ounce. Thanks to its small size, gold sovereigns are far more popular with investors than 1oz coins - such as the Britannia and Krugerrand.
Those dated after 1964 have no premium value, and so far, none of the 50-state quarters series is worthy of saving. All half dollars dated 1964 and earlier are worth their silver value. In the Franklin half dollar series, the 1949-S, 1955 and 1956 coins are worth more than silver value.
Check the Die Rotation
Die rotation refers to the angle in which the coin turns from top to bottom. The rotation should be even, with both sides matching up if you flip over the coin. Die rotation is closely adhered to during the creation process, so if you notice any odd rotations, you could have a rare coin.
Where is the best place to sell coins UK?
The best place to sell these types of coins is eBay.
Don't clean your coins! Not only does this cut their value by as much as half (or possibly even more), but it will be an immediate deal-breaker for many dealers who would've otherwise wanted to buy your coins if only they were left in their original condition.
Queen Elizabeth coin prices range from $5.00 to $9,000.00 and the average selling price is $21.49.
The obvious place to sell your old coins is your local coin shop. They will be your best bet for selling low- to mid-range old coins like Wheat cents, Buffalo nickels, junk silver, and scarce silver coins and silver dollars. Check online reviews and feedback for coin stores in your area, and choose a couple to visit.
There have been four 50ps made to celebrate children's favourite Paddington Bear. Each one shows Paddington at a different London location - and the 'Paddington at the Tower' 50p is one of the most common, with 9 million made.
Celebrating Beatrix Potter's first Children's Book there were 9.7 Million Peter Rabbit 50p Coins minted in 2016. If you own the Peter Rabbit 50p coin it's currently worth £3.50.
How much are the Paddington Bear 50ps worth? Paddington Bear 50ps have been known to sell for tens of thousands of pounds. In 2018, one of the coins sold for £16,000 after a student found a leaked one in her change before it came out and sold it on eBay.
Currently, depending on their condition, copper-nickel versions of the Charles and Diana Royal Wedding coins are selling for around 80p to £4. The proof version contains 0.841 troy ounces of silver. Therefore, if the price of silver was £14 per troy ounce, the proof coin would be worth around £11.80 at the very least.
The Queen's Platinum Jubilee 50p coin could one day be worth £26,000, say experts. One of the newly minted 50p coin commemorating the 70th anniversary of Queen Elizabeth's accession to the throne could eventually be worth £26,000, according to Collector Services at the Royal Mint.
The coin will set you back £7, plus delivery. Alternatively, there's a 2022 £5 Brilliant Uncirculated Coin that 'features the commemorative Platinum Jubilee portrait of Her Majesty The Queen on horseback' and costs £10, plus delivery.
What year old UK pennies are valuable?
Even so, one of the most valuable coins ever sold is a 1p - the 1933 'old penny', which in 2016 sold for £72,000 at auction.
The Royal Mint has revealed the most valuable 50p coin, ahead of the 1971 decimalisation's golden anniversary. The rarest is the Kew's Garden 50p, which was designed to mark the 250th anniversary of the gardens in 2009. Only 210,000 coins were ever minted with this design.
Since there are relatively few coins with the date 1983 and the inscription 'NEW PENCE' in circulation, they may well have a value higher than face value to a collector. The Royal Mint is, however, unable to comment on the value of any individual coin and we would recommend that you should consult a coin dealer.