With more than three million new King Charles coins entering circulation this year, new research has revealed that some collectors could have up to £63,000 sat in their coin pots. The research, carried out by UK Debt Expert, looked at eBay purchasing trends from the last six months to find out just how many vintage coins in Britain have been sold for, and revealed which are the most lucrative.
The most valuable 50p coin was the 2020 Brexit ‘peace, prosperity, friendship with all nations’. The coin recently sold for over £60,000 and again for £25,500 - the lowest minimum price being £10,000.
Marked in memory of the UK’s departure from the European Union, this 50p is sought after by collectors. One King Charles's £5 note, only distributed this year, recently sold at a price tag of £2,800 and will most likely only go up in value as his reign continues.
Owners of £5 coins from 2002’s Queen Elizabeth’s Golden Jubilee, a cherished collectable among millennials, are currently being sold for up to £5,000 on the market. And if you come across a penny from the 1970s, be sure to pick it up—it could be worth as much as £7,500.
Speaking about the value of vintage coins and how to make the most from your collection, Maxine McCreadie, a personal finance expert at UK Debt Expert, said: “As King Charles’ new coins are issued across the UK, there’s no better time to have a look at your own collection and see what can be turned into cash.
“Some people may not realise what they might have if they were gifted a coin, such as millennials whose parents may have purchased a £5 coin for them in 2002. If you have any old coins from last year or 30 years ago, check online to get an idea of how much they have recently sold for, and make sure to mention any specific designs. When selling, ensure to include any authentication you have and a full description of the item.
“Whether you’re looking to try and make a little extra money or simply intrigued by the potential value of your coins, it could be worth checking their value online."
The most valuable coins on the market
