eBay: “Rare” Peter Rabbit coin selling for £1,500 weeks after new edition released – why?

For those hoping to add to their rare coin collection, eBay is full of bargains waiting to be had.

Among the large selection of rare coins listed on eBay, some appear to be selling for a greatly marked up price.

Recently, a Beatrix Potter Tale of Peter Rabbit 50p coin was put on sale for a huge £1,500.

The seller, “darf82” described the coin as rare, which could explain why the asking price is so high, but how rare is the coin and is it worth it?

Beside two pictures of the coin which the seller has uploaded, they stated the coin is from the 2017 Beatrix Potter collection.

The Beatrix Potter commemorative coins were first released in 2016 to mark the 150th anniversary of the birth of Beatrix Potter, and new ones have been brought out each year since.

Describing the coin, “darf82” said: “Tale of Peter Rabbit 50p coin rare collection.”

The eBay user went on to note that the coin is circulated.

Any coin collectors hoping to make a bid on this coin will also be slapped with a £4 delivery charge, which will ensure the coin is dispatched with Royal Mail Signed for First Class Delivery.

While the coins in the Beatrix Potter collection are known to be collectable items, the coin on offer does not seem to be worth as much as this listing suggested.

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In the publication, Spend It? Save It? What should you do?, the Tale of Peter Rabbit 50p is actually given the value of £4.

When this coin was originally released, it was given a mintage of 19,300,000, which made it rate ‘common’ on the scarcity index.

Although the coin is no longer available to purchase, it is listed at a price of £10.00 on the Royal Mint website.

Despite being a collectors item, the coin does not seem to be worth as much as it is listed for.

Recently, another Beatrix Potter coin was listed for much more than the face value an eBay user tried to flog the item for £5000

The coin features a drawing of Peter Rabbit and was put on offer with the huge asking price, even though it rated one on the scarcity index, making it “common”.

The publication Spend it? Save it? What should you do? also gave that coin a valuation of £4.

A 2017 Tom Kitten Beatrix Potter coin has also been listed for £900, and the seller claims it will only increase with value. 

The website Change Checker explains that when it comes to scarcity, this 50p is relatively common – ranking at one on the scarcity index.

Which are the rarest £1, £2, 50p, 20p, 10p and 2p coins?

Rarest £2 coins

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The rarest £2 coin is the 2002 Commonwealth Games NI coin with 485,500 in circulation. This is followed by the 2002 Commonwealth Games Wales which has 588,500 in circulation.

Next up is the 2015 Navy, and there are 650,000 in circulation.

Rarest £1 coins

The most rare £1 coins are all part of a series celebrating the British capitals.

The rarest of these is the 2011 Edinburgh coin, with 935,000 in circulation. Of the 2011 Cardiff coins there are 1,615,000 in circulation, while the 2010 London coin has 2,635,000 in circulation.

Rarest 50p coin

The rarest 50p coin is the Kew Gardens coin, which is also the rarest coin in circulation. It there were only 210,000 minted.

The football Olympic 50p coin has 1,125,500 in circulation, and the wrestling coin has 1,129,500 in circulation.

It is not so easy to evaluate the rarest 20p coins, 10p coins and even 2p coins as exact circulation figures are not known.

However, various versions of the coins are known to sell for large sums.

These include the dateless 20ps, which are actually part of a run from 2008. There may be between 50,000 and 200,000 of these coins in circulation.

The 1983 ‘New Pence’ 2p coin can also sell for a huge sum, up to £650.

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