A rare 50p coin that was recently released is now worth a fortune, and you might have one in your pocket, as per experts. Coins often fetch more than their face value due to their rarity or because they were never meant to be circulated. For instance, 50p coins like the Kew Gardens edition have sold for up to £7,000. Other valuable coins include the 2011 Olympic Wrestling, Football, Judo, and Triathlon 50ps, along with those featuring Peter Rabbit and Flopsy Bunny. While most rare coins showcase Queen Elizabeth II, there is growing interest in the King Charles III design.
TikTok user @CoinCollectingWizard has highlighted the new Atlantic Salmon 50p coin, which is gaining popularity among collectors. Approximately 500,000 of these coins were minted in 2023 with King Charles III depicted on the obverse. Some reports suggest these coins were not intended for circulation. According to Coin Hunter, the Atlantic Salmon 50p, which recently entered circulation, may have a low mintage of only 500,000 coins, potentially making it the second rarest circulating 50p. The rarity of the Kew Gardens coin, with a mintage of 210,000, has made it highly sought after by collectors, indicating that if the Atlantic Salmon 50p indeed has a low mintage, it will also be highly desirable.
However, these claims are currently just rumours. There is uncertainty about the exact number of Atlantic Salmon 50p coins in circulation or yet to be seen. The scarcity of this coin has driven its value up significantly on platforms like eBay and coin groups. Therefore, it is advised to keep a close watch on this particular coin as its value continues to rise.
In summary, a newly released 50p coin featuring King Charles III could potentially be a hidden gem in your possession, with its rarity and increasing demand making it a valuable find for collectors.