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Are you a rare coin collector?
Some change could be worth a lot of money without you even realising. It's always best to check your wallets to see if you're sitting on a fortune.
Now one seller managed to flog their coin for hundred times its face value on eBay. Since it was posted online, it racked up over 40 bids and sold for £140.
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The seller wrote in the description: "100% Genuine Kew Gardens 2009 50p in good circulated condition." Only 210,000 of these coins entered circulation, making them extremely rare.
The seller began the bidding with £1 on November 11 before it shot up to a tenner in a matter of a few minutes. Two days later and it already secured a bid of £101.
In seven days, the coin racked up multiple bids from 16 different people who wanted to get their claws on the coin. Its total reached £140 with a £3.99 Standard Delivery fee.
The epic bidding war finally finished on November 18. We're sure the seller was happy as the coin sold for 280 times its face value.
When it comes to coins, the Kew Gardens 50p is highly popular among Brits. Only 210,000 of these coins ever made it into circulation since its release date back in 2009.
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It features the famous Chinese Pagoda at the iconic London landmark. The Royal Mint's most rare and valuable 50p coins in circulation include the Kew Gardens 50p, worth up to £895.
The piece was designed to mark the 250th anniversary of the landmark in 2009 with only 210,000 coins ever minted. Previously, it flogged for hundreds on eBay.
It first started with a £10 price tag before shooting up to the hundreds in a matter of a few days. There were six bidders who were desperate to get the coin.
In the end, it sold for over 280 times its face value as the bidding war ended on November 13 last week. In the seven-week period, it garnered a lot of attention from coin collectors.
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- eBay
- Rare coin
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