Exact detail to spot on rare 50p coin that makes it worth 700 times MORE

A RARE 50p has sold for £320 which is nearly 700 times its value.

The lucky seller sold the coin, which is one of the rarest in Britain, on eBay.

The high-value coin is a 2016 Peter Rabbit 50p, which was released to celebrate Beatrix Potter’s classic stories.

Queen Elizabeth II is featured on its head-side, while the fictional mammal takes up the tail side.

However, the coin is particularly distinctive because Peter has been drawn in colour on the coin. 

The news comes after two 50p coins made headlines in 2023 when they were sold for £2,500. 

The two coins were issued to mark the 2012 Olympic Games and depicted swimmers. 

However, their exceptional value came from the fact that lines were drawn over the swimmers faces.

It was hoped the lines would signify waves, but the design was later removed. 

The coins which actually entered circulation lacked this wave design. 

As these 50p coins were “Brilliant Uncirculated” coins, or coins that shouldn’t have been distributed, they were valued highly. 

The coins could have entered circulation after thieves broke them out of their packaging and spent them. 

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However, experts have warned that mint coins fetch more money than ones that are scuffed or damaged. 

Any signs of wear and tear could significantly reduce the value of your coin, even if it’s a rare one. 

Some coins though are valuable because of their errors.

A £2 coin, nicknamed a “fried egg coin”, can sell for £600 because of its bizarre design.

How to spot rare coins and banknotes

Rare coins and notes hiding down the back of your sofa could sell for hundreds of pounds.

If you are lucky enough to find a rare £10 note you might be able to sell it for multiple times its face value.

You can spot rare notes by keeping an eye out for the serial numbers.

These numbers can be found on the side with the Monarch’s face, just under the value £10 in the corner of the note.

Also if you have a serial number on your note that is quite quirky you could cash in thousands.

For example, one seller bagged £3,600 after spotting a specific serial number relating to the year Jane Austen was born on one of their notes.

You can check if your notes are worth anything on eBay, just tick “completed and sold items” and filter by the highest value.

It will give you an idea of what people are willing to pay for some notes.

But do bear in mind that yours is only worth what someone else is willing to pay for it.

This is also the case for coins, you can determine how rare your coin is by looking a the latest scarcity index.

The next step is to take a look at what has been recently sold on eBay.

Experts from Change Checker recommend looking at “sold listings” to be sure that the coin has sold for the specified amount rather than just been listed.

People can list things for any price they like, but it doesn’t mean it will sell for that amount.

We explain further how you can find out if you have a rare coin worth thousands sitting around the house.

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