This unique coin could be worth around 310 times its face value to collectors.
Brits have been urged to check their change for a 50 pence coin that could be worth more than 300 times its face value. The piece, from 2022, must feature a specific error to make it especially valuable.
According to a coin collecting expert, an error-version of this coin could be worth up to £155. Speaking on social media platform TikTok, the expert – who is known online as the Coin Collecting Wizard – told his viewers to keep their eyes peeled for the pride 50p coin.
This coin was minted in 2022 to mark 50 years of pride celebrations in the UK. However, he advised that some people mistakenly think this piece is worth more than it actually is.
He explained that one follower offered him this coin for an inflated price of £5,000. “So let’s discuss this and get these facts straight,” he said.
“This coin was released in 2022 to celebrate 50 years of pride in the UK. The design is stunning.
“But here’s the big question – is it valuable? Now, let’s talk numbers. Around 5 million of these coins were put into circulation, meaning it’s not rare.”
But he acknowledged that certain uncirculated versions will be worth more. He continued: “However, there were also limited edition versions released by the Royal Mint in brilliant uncirculated, silver proof, and gold proof. Those are worth real money.”
The expert then revealed more about the error coin, worth £155. On this version, the rainbow design of the tail side of the coin can also be seen on the head side, around the image of Queen Elizabeth II.
He said: “So what’s it worth? If you find one in your change, it’s still worth just 50p. But there was a rare error version of this coin found recently.
“Here you can see the error on this pride 50p. A die clash occurs when the obverse and reverse dies are damaged upon striking each other without a planchet [a blank piece of metal that is punched out from a sheet of metal to make a coin] between them.”
He added: “The lucky owner of this error coin auctioned it recently and the auction ended at £155 – what a result for a 50 pence piece.
“So if you’ve got a regular one, it’s not going to make you rich. But if you’ve got the error version, now that’s a different story.”
Speaking about the pride 50p design, artist Dominique Holmes commented on the Royal Mint website : “This is a significant milestone in the fight for LGBTQ+ rights and equality. Pride means so much to me and to so many people across the UK and beyond, and it’s important that we take time to celebrate the progress made over the last 50 years, whilst continuing the important work for our community.”
