A 50p depicting the Atlantic Salmon and bearing the King’s portrait is the rarest such coin in circulation, the Royal Mint has confirmed, as one sold for more than 300 times its face value on eBay this week.
The coin knocked the “highly collectable” 2009 Kew Gardens 50p off the top spot for the first time in 15 years, the official maker of British coins said.
Just 200,000 of the Atlantic Salmon 50ps have been released to UK banks and post offices, 10,000 less than the 2009 Kew Gardens coin.
The coin is already proving popular with collectors, as one sold for £164 on eBay this week, inspiring a mini-bidding war with more than 50 bids placed.
It came as the Royal Mint published its 2023 mintage figures for UK coins in circulation.
Last year marked the final chapter of Charles’ transition onto UK coins, with coins commemorating the coronation and new designs across all denominations from the 1p to £2.
Each design highlights Charles’ “passion for conservation and the natural world”, featuring wildlife such as the hazel dormouse and bees, the Royal Mint said.
Described by the Royal Mint as “the nation’s most collectable coin”, the 50p has seen over 100 different designs appear on its reverse since its introduction.
Out of the 10 rarest 50ps in circulation, six are related to the 2012 London Olympic and Paralympic Games, with Peter Rabbit and Flopsy Bunny coins from 2018 both also making the list.
Rebecca Morgan, director of commemorative coin at the Royal Mint said: “The releasing of mintage figures is an eagerly anticipated event among the coin collecting community – and this year is particularly exciting as we reveal the Atlantic Salmon as the rarest 50p in circulation.
“For the first time in 15 years, the highly collectable Kew Gardens 50p loses its top spot as the rarest in circulation with the Atlantic Salmon 50p splashing its way to number one.
“2023 marked pivotal changes for the nation’s coinage, including the introduction of coins celebrating King Charles III’s coronation entering circulation.
“Finding these special designs, like the Atlantic Salmon, in your change is a win for all collectors.”
Five Incredibly Rare and Valuable British Coins
What makes a coin valuable?
The 50 pence piece has become the most valued and collected coin in the UK, with many collectable designs appearing on its heptagonal canvas.
Its 27.5mm diameter makes it the largest of any British coin, and allows space for decorative pictures. It has often been used to celebrate big events over the past 50 years of British history.
The rarest coins tend to be of the greatest value, with the mintage (number of coins with each design made) being the fundamental attraction for collectors.
Along with the design, other aspects of the coin which increase value are the condition of the coin and whether it has an error in its design.
The way in which it is sold can also determine the coin’s value - while some coin collectors will bid vast amounts of money on ebay or at auction, others opt for more robust valuations by selling via a coin dealer.
Royal Mint top 10 most valuable 50p coins
Here is a list of the top 10 most valuable coins, when they were made and how many were minted:
- Atlantic Salmon (2023), 200,000
- Kew Gardens (2009), 210,000
- Olympic Wrestling (2011), 1,129,500
- Olympic Football (2011), 1,161,500
- Olympic Judo (2011), 1,161,500
- Olympic Triathlon (2011), 1,163,500
- Peter Rabbit (2018), 1,400,000
- Flopsy Bunny (2018), 1,400,000
- Olympic Tennis (2011), 1,454,000
- Olympic Goalball (2011), 1,615,500
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