Rare 50p coin worth £250,000 and how to tell if you have one

Rare coins are extremely sought after, with certain pieces selling for eyewatering amounts.

A coin expert has said one 50p coin in particular can sell for a staggering £25,000, but is warning people over a scam. @CoinCollectingWizard has 139,000 followers on the platform, and says the Brexit coin from 2020 has a mintage of more than 5m.

He said: "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.

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"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." The user continued to explain how you can actually find a piece which is worth £25,000, but it's extremely difficult, as the Mirror reported.

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

Since the video was posted, it has amassed hundreds of likes and comments, as one TikTok user said: "Awesome video bro, love the coins!" Other viewers claimed to have nabbed a version of the coin as one said: "Have both", and a a second admitted: "I have this one!"

The Brexit coin was created to mark the UK's withdrawn from the European Union. Over 10million were minted by the Royal Mint with the date of 31 October 2019, which was the day planned for official withdrawn.

However, by late October, minting was paused and subsequently those set of coins were recycled as the leaving date was delayed. In January 2020, a new series of "Brexit" 50p coins were released to mark the actual withdrawal date of the UK from the EU with the triggering of Article 50 on January 31.

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