Rare cash can promote for an absolute fortune on eBay.
The Kew Gardens 50p coin is without doubt one of the most sought-after items on the market. With simply 210,000 cash in circulation, collectors will do something to get their fingers on one.
Now over on eBay, a vendor managed to bag an absolute fortune from promoting the coin in a gold version. The 2009 “ultra cameo rare” piece in gold went for £2,500.
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According to the proprietor, the gold coin is a “rare find for any collector of British decimal coinage”. It options the long-lasting Kew Gardens design with a PF69 grading, that means it is in near-perfect situation.
(Image: PA)
The vendor wrote: “The denomination of this coin is 50p and it is a valuable addition to any coin collection. Its exquisite design showcases the beauty of Kew Gardens and its gold composition adds to its rarity.
“Don’t miss out on the chance to personal this gorgeous piece of British historical past. Please test my different gadgets.”
Since the seller put it up on eBay, it racked up a total of 33 bids from 11 different users. During the 10-day duration, it went from a starting price of 99p to £2,500.
It didn’t take long for it to reach the hundreds as the first bid kicked off at £125. Then one day later it reached £500 before hitting the £1,000 mark.
(Image: PA)
Selling the coin for £2,500 means the client bagged a mega revenue, having flogged it for five,000 occasions its face worth. It’s not straightforward discovering a gold Kew Gardens 50p coin.
But in line with coin specialists, proudly owning one is estimated to fetch between £5,000 and £6,000. The much-fabled Kew Gardens 50p is without doubt one of the rarest circulating cash in existence.
Due to its shortage in circulation and being a commemorative coin, many collectors need to get their fingers on one.
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