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Coin crazy: Many of us hoover our unusual looking coins from our change - but by and large, most are worth face value

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Release: 2024-06-22 02:09:40
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This is my third column and a great opportunity for us to get to know each other a little more.  When I was sifting through all the submissions for items to value

Coin crazy: Many of us hoover our unusual looking coins from our change - but by and large, most are worth face value

Dan Hatfield: Our columnist is ready to value your Modern Treasure

Dan Hatfield is This Morning's money-making expert and resident pawnbroker. He is an international specialist in antiques, jewellery, diamonds and collectibles. 

Dan's first non-fiction book, Money Maker: Unlock Your Money Making Potential (£16.99, published by Hodder Catalyst) is available now.

Modern Treasures is after your items and collections for valuations. 

Please send in as much information as possible, including photographs, to: editor@thisismoney.co.uk with the email subject line: Modern Treasures

We're after post-War items only please and we may contact you for further information.

Dan will do his best to reply to your message in his bi-weekly column, but he won't be able to answer everyone or correspond privately with readers. 

Nothing in his replies constitutes regulated financial advice. Published questions are sometimes edited for brevity or other reasons.

As with anything, if you are looking to sell items and collections, it is wise to get a second and third opinion - not just rely on Dan's suggestions.  

I've collected 50p coins for quite some time and would love to know the value of what I have accumulated. 

I've seen some coins like the ones I have listed on various sites for £30,000 and other high values. 

Do I have some valuable 50p coins that could be worth £30,000? I do also have Kew Gardens 50p as part of my collection, although, it has currently going walkabout...   Stacey, via email.Coin crazy: Many of us hoover our unusual looking coins from our change - but by and large, most are worth face value

This is my third column and a great opportunity for us to get to know each other a little more. 

When I was sifting through all the submissions for items to value, I knew this question would help me share a bit more about the man behind the money-making facts.

The most unsurprising fact is probably that I am a massive collector but more importantly, I am bonkers about the humble 50p. 

I've collected every single one and I'm in good company as I know my gorgeous friend, and This Morning colleague, Josie Gibson, is also a massive fan.

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Did you know, coins are the second most collected item in Britain? Beaten only by stamps. 

And the 50p makes up the majority of coins collected. It is Britain's most collected coin of all time. 

This coin was first launched in 1969 and has acquired millions of fans. So much so that not a day goes by where I'm not asked to value one.

The reason for their popularity quite simply lies in the fact that their size and shape make them a perfect candidate to have different illustrations to commemorate key events and cultural figures on them. 

The first such commemorative coin was introduced in 1973 to mark the UK's entry into the European Economic Community and since then we have seen around 150 commemorative 50p coins released.

There are so many reasons that fuel our passion for these coins. As a person that wants to help the nation earn more money, I love the fact that something of monetary value can be worth even more than it should be - It's like you're getting one over on 'the system'. 

The beautifully curated designs are another key draw for many, and I particularly enjoy how some evoke that feeling of nostalgia, like the wonderful Paddington Bear collection. 

With so many designed to commemorate cultural and political events in our history, it is no wonder everyone wants a piece of them.

I always try to distance myself from the emotive connection of an item when valuing it but these coins somehow bring down my barriers and I get sucked in like many others. 

Maybe it's the excitement of peering into my palm when someone hands me my change, hoping that I see a special 50p staring back up at me.

But are they worth the big money you often find people advertising them for? 

Searching only this week, I found a Kew Garden 50p on sale for £127,000 and a lovely Beatrix Potter commemorative coin for £37,000. 

The short answer is... no - and it is a warning over skimming resale websites for true value. 

I wish we lived in a world where a visit to the corner shop could result in being handed a coin enabling you to retire early but the truth is, if you do happen upon one of these coins, it might stretch to a round down your local – that said, with the price of a current pint, maybe just go with one mate.

The key

News source:https://www.kdj.com/cryptocurrencies-news/articles/coin-crazy-hoover-unusual-coins-change-worth.html

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