Published On: Mon, Apr 1st, 2019

eBay rare coins: 50p coin selling for £900 – but watch out for important reason

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From unwanted gifts to pre-loved items, there’s no shortage of things to buy on eBay. This includes an array of coins, of which some have been dubbed as “rare” by their sellers. While this could be great news for some avid coin collectors, it’s important to be aware that a number of these listings won’t come cheap. Take, for example, a 50p coin of the 2017 Tom Kitten variety which pays tribute to the late Beatrix Potter.

The coin has a starting price at auction of £900.

The seller, “elizho-10”, has also listed a £3.95 postage fee for economy delivery.

As well as posting pictures, the eBay user has added a brief description.

“Beatrix Potter Coin 2017 Tom Kitten, fantastic condition,” they wrote.

The seller also claimed: “Coins are a good investment as they will only increase in value.”

So, is this coin really rare, and is it actually worth £900?

It’s down to the buyer as to how much they’re willing to pay, however there are some facts about this coin which are readily available.

Its mintage, for instance, is 9,300,000.

The website Change Checker explains that when it comes to scarcity, this 50p is relatively common – ranking at one on the scarcity index.

Meanwhile, the coin experts behind Spend it? Save it? What should you do? have valued it at £4 – eight times the face value.

The coin was issued in 2017 in order to celebrate one of Beatrix Potter’s much-loved children’s stories – The Tale of Tom Kitten.

Designed by Emma Noble, it depicts the cheeky character, and also has the name Tom Kitten on it.

While the seller may insist this rare coin is a good investment, it’s important that buyers are aware of a warning that’s been issued about coins listed online.

In the guide Spend it? Save it? What should you do?, Phil Mussell and the Coin News Magazine team explain that sometimes coins are put up for sale with a far higher asking price than they’re worth.

This makes other coins, which are still listed with a price tag for far more than they’re worth, seem far cheaper.

As such, it increases the appeal of these lower-priced coins – meaning many buyers end up purchasing a coin for more than it’s worth.

So, it could be a good idea to take some time to do your research and, where possible, seek expert advice.

READ MORE: ‘Rare’ Paddington 50p coin which left experts divided is selling for £600 on eBay – why?

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