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 Replies: 11 / Views: 2,406 |
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New Member
United Kingdom
2 Posts |
Hi my name is Danyal Mahmood I am 13 years old. I have had a battle of Hastings 50p coin. I really liked this coin and kept it in my collectables, I have recently been made aware that this coin is very rare and may be a lot more than face value. Please could you tell me how I would know this coin is a genuine real one . Also how much would this be selling for?
Thank you, Edited by Danyal Mahmood
10/28/2019 4:25 pm
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Pillar of the Community
Russian Federation
5180 Posts |
Quote:
Pls tell me how much it should be selling for. ...about £1, maybe less? I might be misunderstanding something, but I was not under the impression that this type was particularly uncommon. That said -  to CCF! |
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New Member
 United Kingdom
2 Posts |
What do u mean?its under 1 pound. On websites it's over thousands even millions
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Moderator
 United States
190060 Posts |
to the Community! Your post was moved to the appropriate forum for the proper attention.  |
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Pillar of the Community
United Kingdom
945 Posts |
One of the things you will learn quickly on ebay is that, just because someone is asking big money for a coin, doesn't mean it is actually worth that amount. If you click on the "Sold Listings" option down the left hand side of the ebay page you will see what things have actually sold for. If you do this for the 2016 Hastings 50p you will see that in circulated condition they make £1 to £2. Brilliant Uncirculated maybe up to £5. There were 6.7 million of them made, so they are not scarce. |
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Pillar of the Community
Canada
5255 Posts |
According to numista, there were 7 million of these issued for regular circulation, and some in proof dated 2016 and 2019.
it is not possible for an ordinary coin issued in number of 7 million to be wroth thousands, let alone millions.
There might be an error version that would be worth more-UK experts would know.
Quite frequently, there are stories that common coins are very valuable. Most of them are just stories passed around by people who get the facts jumbled. Sometimes it takes some work to determine why the stories exist.
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Pillar of the Community
United Kingdom
945 Posts |
A good starting point is to check the mintage figures, which for the 50ps can be found here: https://www.royalmint.com/currency/...es/50-pence/The 2018 figures have only recently be added to this page - the 2019 figures will come out probably in October 2020. |
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Bedrock of the Community
United States
94367 Posts |
to the CCF! |
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Valued Member
United Kingdom
251 Posts |
It's not "very rare" and neither is it "extremely valuable". They produced nearly 7 million of the things - an example that is really minty fresh might be worth a couple of quid at the most, but assuming it's your average circulated example in this case it's basically worth face value. A common misconception is that any coin that looks "different" must be some massive collector's item worth a fortune, but very few are actually rare and desirable. Keep searching and collecting, though Edited by Collector28
10/30/2019 10:25 am
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Valued Member
United Kingdom
54 Posts |
never take ebay asking prices as a guide to a coins value unless it is a genuine rarity like the kew gardens or blue peter carded 50p you even see 1971 two pwnce pieces for sale at £2000 which is laughable as about 1 billion were minted |
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Pillar of the Community
United Kingdom
735 Posts |
'over thousands even millions'
Brilliant, love it.
Even the rarest coin in existence, whichever that may be, wouldn't sell for millions. How likely is it you'd find a coin of such value in your small change?
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Valued Member
United Kingdom
251 Posts |
@Hogarth I mean, there have been a few (mega mega mega scarce) coins sell in the millions... Not that that is relevant here, your last point sums things up perfectly - basic probability dictates that the chance of a super valuable coin ending up in your pocket change is extremely slim - people should think about this before jumping the gun. Yes, it is technically possible that you've struck it extremely lucky and found a good'un, but the chances are it's a common issue and worth merely face value. A quick look on a reputable site (definitely not ebay) should confirm things. Edited by Collector28
11/01/2019 3:44 pm
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Replies: 11 / Views: 2,406 |
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Posted 10/28/2019 4:33 pm
