Exact squiggle to spot on your 50p coin that makes it worth 214 times its value – do you have one hidden away?
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BRITS are being urged to check their change after a rare 50p coin sold for more than 214 times its face value. The King Charles Atlantic Salmon 50p was nabbed for a whopping £107 following a 22-bid showdown on eBay. The Royal Mint confirmed that 200,000 Atlantic Salmon coins were distributed to banks and post offices late last year, as part of a commemorative series marking the ascension of King Charles III.
This figure beats the 210,000 Kew Gardens coins minted 15 years ago making the Atlantic Salmon officially the rarest 50p in circulation. According to the eBay tracker, the Kew Gardens coin is still valued as the most expensive 50p coin at £145 - but demand for the Atlantic Salmon is on the rise at a much quicker rate.
Since June the Salmon coin has increased by almost £70, while the Kew Gardens coin is actually decreasing in value - down £3 since June. Other valuable coins are also falling in value such as the rarest Olympic 50p and the Commonwealth £2. Royal Mint also revealed that just one in 335 people in the UK have a likelihood of fishing the coin from their change.
Since the announcement, sales online have skyrocketed as eager collectors rush to secure the coin before prices spiral even higher. On October 7 one coin sold for £164 with six bidders fighting for the prize. Another sold for £147 on December 16 with a whopping 37 bids.