Commemorative coins are released to mark a special occasion and can sometimes sell for a staggering sum of money. The bidding site, eBay, can be a great place to start for those looking to get their hands on a coin. Recently, a Beatrix Potter 50p was uploaded onto the site for an astounding £3,500. With some coins going for more than face value, is this price tag actually a bargain?
The eBay user, “jojbrbr_dqos92km”, uploaded The Tale of Peter Rabbit fifty pence piece with two pictures of it.
They described the coin as rare and explained it was originally released in 2017.
Bidding started at £2,000, however the seller clearly thinks it is worth more and gave the coin the Buy it Now price of £3,500.
What’s more, anyone who wants to get the piece for their collection would need to pay an extra £1.50 for first class delivery.
Beatrix Potter coins were originally released in 2016 to celebrate 150 years since the birth of the children’s author, Beatrix Potter.
The coins proved so popular new batches have been brought out each year since and the Peter Rabbit coin was the first one released in 2017.
The Royal Mint website said: “For 2017, Emma Noble has captured one of the most iconic images of Peter, hopping away on one of his adventures.
“The coin has been finished to Brilliant Uncirculated standard – a finer finish than those you’ll find in circulation.”
While the coins may be interesting to a lot of people, they are not necessarily worth a high amount.
The Peter Rabbit coin has the mintage of 19,900,000, according the coin website, Change Checker.
It is also ranked as one on the Scarcity Index, which means it is actually common and not rare as the listing suggested.