Posts Tagged ‘50p Swap’
Collectors paying 700% over face value for a Commonwealth Games 50p
The 2014 Commonwealth Games 50p has already taken the collecting world by storm, with mint condition coins changing hands on eBay just days after entering circulation.
As speculation grows about the mintage of the latest must-have coin, collectors are battling to secure theirs immediately – and they don’t mind where they get them from or how much they pay.
The over-inflated prices are a telling reminder of the lengths which avid collectors will go to for the right coin.
But it’s a familiar story. Earlier this year Kew Gardens 50ps were being sold on ebay for hundreds of pounds and the coin has since become the Holy Grail amongst Change Checkers. Nowadays collectors are wary of history repeating, and it seems many are willing to shell out substantially more than face value for the latest commemorative 50p.
The most collectable 50p since the Olympics?
A new commemorative coin has just entered circulation which could well become the most collected 50p since the Olympic series in 2012. Collectors all over the country are checking their change right now in an attempt to find the new 2014 Glasgow Commonwealth Games 50p.
Struck by The Royal Mint, this legal tender UK coin has been designed by Alex Loudon in the ‘arts and crafts’ style. Two athletes are intersected by the Scottish Saltire, and the words XX Commonwealth Games Glasgow fill the top right section of the surprisingly distinctive 50p.
But this coin has been attracting attention from collectors for another reason…
In 2011 The Royal Mint issued a series of 29 different Olympic themed 50ps – one to represent each sport. With London 2012 around the corner, these coins suddenly became THE must-have collectables to commemorate the Games. Collectors still can’t resist flicking through their change to find the elusive last two or three coins they are missing.
Now, 2 years on, the 2014 Glasgow Commonwealth Games 50p looks set to become the next collecting sensation – as the race to find the first sports-themed British coin since the Olympics begins in earnest.
With the mintage figures as yet unconfirmed by The Royal Mint, this coin could well be the rarest of the lot, but only time will tell. Have you found yours yet?