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Published On: Wed, Feb 12th, 2020

Paddington Bear 50p: ‘Rare’ coin on eBay selling for £4,500 – owner explains reason why

The bidding site, eBay, is filled with commemorative 50p coins for collectors to get their hands on. A Paddington Bear 50p coin has been uploaded for much more than face value, being listed for £4,500. The owner explained the huge price tag but is it worth it?

“2019 circulation in brilliant almost flawless condition. Uncirculated condition (sic).”

Those hoping to purchase the coin would also be treated to free standard delivery.

“Sent via first class tracked delivery in a little pouch in wrapped packaging,” the seller added.

Paddington Bear coins were first released in 2018 to celebrate the 60th anniversary of the British bear and the St Paul’s version was issued last year.


Is it worth it?

Although the coin is popular among collectors, it is not necessarily worth a huge amount of money.

In fact, the item was available to buy for just £4.50 on The Westminster Collection website, although it is now sold out.

While the mintage of the coin is unknown, there is some speculation over the value of the item.

The coin publication, Spend It? Save It? What Should You Do? gave a warning about high price tags to collectors.

It said: “Sometimes what happens is someone will list a coin for £1,000 knowing they won’t sell it, but then list a similar coin for a much lower price (say £25).

“It won’t even be worth the £25 but as someone has seen it online for £1,000 they end up with a coin that’s worth just face value because they were too caught up with thinking they have bought something cheap.”

A commemorative coin is only worth as much as someone is willing to pay for it. 

However, those hoping to get their hands on the Paddington Bear 50p coin could save by shopping around. 

Which are the rarest £1, £2, 50p, 20p, 10p and 2p coins?

Rarest £2 coins

The rarest £2 coin is the 2002 Commonwealth Games NI coin with 485,500 in circulation. This is followed by the 2002 Commonwealth Games Wales which has 588,500 in circulation.

Next up is the 2015 Navy, and there are 650,000 in circulation.

Rarest £1 coins

The most rare £1 coins are all part of a series celebrating the British capitals.

The rarest of these is the 2011 Edinburgh coin, with 935,000 in circulation. Of the 2011 Cardiff coins there are 1,615,000 in circulation, while the 2010 London coin has 2,635,000 in circulation.

Rarest 50p coin

The rarest 50p coin is the Kew Gardens coin, which is also the rarest coin in circulation. It there were only 210,000 minted.

The football Olympic 50p coin has 1,125,500 in circulation, and the wrestling coin has 1,129,500 in circulation.

It is not so easy to evaluate the rarest 20p coins, 10p coins and even 2p coins as exact circulation figures are not known.

However, various versions of the coins are known to sell for large sums.

These include the dateless 20ps, which are actually part of a run from 2008. There may be between 50,000 and 200,000 of these coins in circulation.

The 1983 ‘New Pence’ 2p coin can also sell for a huge sum, up to £650.

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