The rare 50p coin which could be worth £25,000 - but expert warns 'do your own research'

A commemorative 50p coin will be issued to mark the UK's departure from the European Union (EU)
-Credit: (Image: NurPhoto via Getty Images)


Rare coins can fetch astonishing sums, and one coin specialist has highlighted a particular 50p piece that could be valued at an incredible £25,000.

However, he's also alerting collectors to potential scams.

The coin expert, known as @CoinCollectingWizard on social media with a following of 139,000, points out that the 2020 Brexit coin, despite its high mintage of over 5 million, is often mistakenly listed for sale at exorbitant prices.

He explained: "So why on Earth would it be worth £25,000 you ask? Well it wouldn't, sometimes this common 50p you likely had in your change pops up on places with extortion price tags.

"This is why you really need to do your own research as anyone can put those ridiculous price tags up and I promise you this 50p is just worth 50p."

He went on to describe how to spot a truly valuable coin, which is exceedingly rare, as reported by the Liverpool Echo.

He added: "There is however, a very rare version of the coin where the date doesn't say the 31st January 2020. But this is very unlikely to ever be found so don't fall for these crazy prices."

The TikTok video discussing the coin has since gone viral, garnering hundreds of likes and comments. One user exclaimed: "Awesome video bro, love the coins! " while others shared their own finds, with one boasting: "Have both", and another revealing: "I have this one! ".

The Brexit 50p
The Brexit 50p -Credit:The Royal Mint/PA Wire

The Brexit coin was minted to commemorate the UK's departure from the EU. The Royal Mint produced over 10 million of these coins bearing the initial exit date of 31 October 2019.

However, minting was halted by the end of October and those coin sets were subsequently recycled due to the postponed departure date. A new series of "Brexit" 50p coins was launched in January 2020, marking the actual UK withdrawal date from the EU, which followed the triggering of Article 50 on January 31.