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Rare Royal Mint 50p coin selling for more than 300 times its face value
The Blue Peter Olympic design coin drew 13 bids, and collectors value its rarity, condition and design errors.
This week, a rare Blue Peter 50p coin sold for £160 on an online auction site after attracting 13 bids. The commemorative piece celebrates the London Olympic Games.
Released in 2009, the Blue Peter coin was designed by competition winner Florence Jackson to commemorate the Olympic Games. Around 20,000 editions were minted, though none officially entered circulation.
Rarity drives value, with mintage numbers serving as the primary factor for collectors. The 50p piece measures 27.5mm in diameter and has celebrated significant British events over the past 50 years.
Beyond the Blue Peter design, other Royal Mint editions command collector interest. The Olympic Tennis coin has 1,454,000 minted and the Olympic Goalball coin has 1,615,500 minted.
Thousands of potentially valuable coins remain in circulation, with some selling for 320 times their face value. Collectors determine worth through online auctions or professional coin dealers.