It seems that one eBay user is very impressed by the 50p coin they most likely found in their loose change. And, while they’ve branded it “unbelievable”, the seller, “danpri9”, who also goes by the name Daniel, has decided to part ways with the item. However, they’ll only wave goodbye to the item in exchange for a price – and at a first glance, that looks like it’s a huge amount of money. The item has been listed for a Buy it now price of £1,800 – so why is it so expensive?
This is the 2013 Shield Coin, which was designed by Matthew Dent.
The Royal Mint issued the coins back in 2013, with a mintage of 10,301,000.
According to the publication Spend It? Save It? What should you do?, it has a value of £2.
The average coin of this type has been ranked for its scarcity by Check Your Change.
According to the website, they have a scarcity of one – meaning it’s usually readily available, or very near to face value.
So, is this coin really rare, and what makes it stand out from the rest?
It seems that this 50 pence piece may have some minting errors.
As well as posting a number of photos to detail these, the seller, Daniel, has provided prospective buyers with a lengthy description.
“This is an unbelievable 50p which has been double struck on the obverse and also the reverse,” he wrote.
“The doubling is extremely dominant on the obverse hence the reason I mainly took photos of that side but with an eye peice the writing on the reverse is beautiful too!”(sic)
The seller continued: “It’s not just the writing that has been given this error but you can see all around our Queen too.
“The coin as do so many [as so many do] looks much better in hand.”
Daniel went on to explain why he had chosen to list the item for such a huge amount.
And, it seems that the seller may have picked that particular price tag with the intention of buyers getting in touch with him, in order to negotiate a lower price.
“When I fix a price with best offer it automatically refuses if under a curtain [certain] amount so I’m open to reasonable offers, as I said feel free to send me a message and we can talk,” he penned.
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