Commemorative coins are very interesting to lots of people and coin collectors will try to get their hands on the latest ones. Although eBay is full of coins waiting to be bought, these are sometimes uploaded for much more than face value. A Beatrix Potter Peter Rabbit 50p coin was uploaded with the astounding asking price of £8000. The coin has been described as “rare” by the seller, but this may not actually be the case.
eBay: ‘Rare’ Beatrix Potter Peter Rabbit 50p coin selling for £8000
The eBay user, “miss.l.d2” uploaded three photos of the 2017 Peter Rabbit fifty pence piece.
Despite asking for a lot of money, the seller admitted they did not know much about the coin.
They wrote: “I’m not going to lie and make out I know much about coins but I do know these coins are mintage and this coin in particular as it’s 2017.
“I have kept it in a very good condition and as you can see it’s really shiny and well looked after.”
The seller offered free postage but explained they would not accept any returns.
Although the coin is described as rare, this does not appear to be true and potential bidders should be careful before making a purchase.
Beatrix Potter commemorative coins were first released in 2016 to mark the 150th anniversary of the author’s birth.
Since then, new coins have been released each year and have proved popular with coin collectors.
The coin on offer is the 2017 Beatrix Potter Peter Rabbit 50p coin.
Despite the high asking price, it has a mintage of 19,300,000 and is ranked one of the scarcity index, which makes it “common”.
On top of that, the coin was available to buy on the website, Change Checker, for just £10 but it is now sold out.
The publication Spent It? Save It? What Should You Do? has also given the coin a low valuation of just £4.
For anyone tempted by the Peter Rabbit coin, they are likely to save a lot of money by shopping around.
A Isle of Man coin recently sold for £645 after sparking a bidding war online.
Another 2017 Peter Rabbit coin was uploaded online with the asking price of £2000.
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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