A coin collector has revealed the one thing you need to look out for on the 50p to determine whether it’s worth a small fortune or not – and it’s all to do with a certain date
Some 50p coins can be worth a lot of money(Image: NurPhoto via Getty Images)
Before you start spending your loose change, it could be worth checking your coins to see if they are rare or not. That’s because coin collectors snap up uncommon pieces for a pretty penny.
For example, one 50p coin could be worth as much as £40,000. All you need to do is look for a “minuscule” detail that sets the silverware apart from others. With that being said, you’d better keep an eye out for this “exceptionally rare” Brexit 50p piece.
According to @CoinCollectingWizard, who has 251,000 followers on TikTok, you need to look closely at the date. He explained: “£40,000 for this 50p, yeah that’s right £40,000 but you must pay attention on what to look for.
“So let’s start from the beginning, this Brexit 50p from 2020 and as you can see it clearly has the Brexit date at the bottom of the coin. But did you know there is another date out there on this 50p and only a few have ever been found?”.
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He went on: “If you find the Brexit 50p coin in your change which is most likely as millions were minted for circulation then all you need to do is check the date at the bottom of the coin.
“If your date says 31st January 2020 then this is just the regular common version worth 50p.
“But if you are super lucky and find one with a date other than 2020 such as this one from October 2019, then you have just found a super rare error coin and yes it is been known to sell for £40,000.
“Just be sure you know what you are looking for any date other than 2020 and you have hit the jackpot.”
The video garnered more than 400 likes – and it’s safe to say that people were very grateful for the advice.
One commenter boasted: “I’ve got six of these coins.” Another celebrated: “I’ve got one!”
Meanwhile, others asked how to sell their rare coins. There are several different ways you can do this – and these include…
- Coin Dealers: Quick and convenient, but may offer wholesale prices.
- Coin Shows: Good for networking and getting multiple offers.
- Auction Houses: Best for very rare or high-value coins; may charge commissions.
- Online Marketplaces: eBay, Heritage Auctions, or specialized sites like GreatCollections.
- Coin Shops: Local shops can be convenient but compare offers.
- Coin Clubs: Members may be interested in buying or can offer advice.