Could the 2020 Team GB become the most sought-after 50p ever?
Issued as part of the 2020 Annual Coin Set, the 50p coin supporting Team GB at the Tokyo Olympic Games has quickly become the talk of the collecting world…
As the news broke that this year’s Olympic Games would be postponed until 2021, collectors were soon asking the question, “What will happen to the 2020 Team GB 50p?”
Despite being released at the start of the year within the Annual Coin Set, the coin is yet to be individually released. We now know that this too will be postponed, in line with the Olympic Games, meaning collectors will have to wait until 2021 for the individual release of the Team GB 50p.
Two versions of the Team GB 50p
Excitingly, this will mean that there are two versions of the coin – one with the obverse dated 2020 from this year’s Annual Coin Set and one with the obverse dated 2021 for next year’s individual release.
The reverse design by David Knapton currently depicts the individual Olympic sports accompanied by the Olympic Rings, the Team GB logo, the inscription ‘TEAM GB’ and the date ‘2020’. But will this also be updated to reflect the new date of the Games – 2021?
Already in high demand
Already, the 2020 version of the Team GB 50p is being listed on secondary market sites for well over face value, as collectors rush to secure this version of the coin.
In fact, it appears that collectors have removed the coin from Annual Sets and is seen selling on eBay for over £35.
Demand for the 2020 version of the Team GB 50p is sure to be high, especially as it is only available as part of the Annual Set, meaning far fewer will be minted than if it were individually released.
Olympic 50p craze
Olympic themed coins are no stranger to the limelight…
In fact, it was the 2012 Olympic 50p collecting craze which kick started many collector’s interest in the hobby.
Since then an estimated 75% of these coins have been removed from circulation by collectors adding them to their collection.
And so collectors were delighted in 2016 when The Royal Mint issued a special 50p to wish Team GB success for the Rio 2016 Games, considered by many to be the 30th Olympic 50p.
The coin’s obverse features a swimmer with the Team GB logo, the Olympic rings and the inscription ‘TEAM GB’. Designed by Tim Sharp, the coin has been officially endorsed by Team GB and celebrates the spirit of British Olympians – a must have for all Olympic 50p Collectors.
But now as the 2020 Team GB 50p takes centre stage, the coin collecting community has been sent into a frenzy once more.
I’m sure not only Olympic 50p collectors, but all Change Checkers will be really eager to secure this highly sought-after coin and will also be looking forward to the individual release of the updated version next year.
Own the 2020 Team GB 50p in the Brilliant Uncirculated Annual Coin Set
Don’t miss the opportunity to secure the sought-after 2020 Team GB 50p as part of the Annual Coin Set.
Own the set today in Brilliant Uncirculated quality for £40.00 (+p&p).
I ordered my set in April and still not received it
Hi Pauline, we are experiencing delays with coins arriving from The Royal Mint due to coronavirus, however we’ll get your set to you as soon as possible and your card won’t be charged until your coins are despatched.
Good for you
Rather than pay the prices being asked for the Team GB 50p why not just order the annual set. You’ll get another 12 coins for about an extra £20, of which £9.88 can be legally spent in the shops. Given that cash is not particularly welcome the rest of the coins may end up being scarce too as it is unlikely that large numbers of new coins will be circulated this year.
How many sets were released
Hi Ryan, unfortunately we don’t know the mintage figures for the Brilliant Uncirculated Annual Sets at the moment.
Hello Checkers,
Super set and good value, ordered and will be great addition to collection. Particularly looking forward to additions of Agatha and Mayflower coins. Team GB will be interesting to watch! Competition for Kew?
People who have removed this 50p from their sets, and selling them, are not collectors. Just profiteering, and that’s being polite.
Just ordered this set for Father’s day . Do you even have stock left ?
What a great Father’s Day present! Deliveries for the 2020 Annual Coin Set are currently delayed due to Coronavirus/Covid-19, but they will still get to you.
I know right I have some that are worth 600 and you don’t see me selling them
What you got what’s worth 600?!
That is true. If only those or any sets were limited to one per house hold and not 9. I am collector and only buy one of each either the 50p and £2 coin. I had placed an order for the annual set 2020 50p, £2 and £5 coin. And, i can’t get it until the Westminster collection gets more stock.