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Is your 20p coin worth £50?

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This thread is to discuss the following news story:
«13456

Comments

  • DebtHater
    DebtHater Posts: 1,053 Forumite
    Very interesting - I have looked in my change pot, and no lucky 20ps yet :(

    Will be interesting to see if anyone on MSE has one!
  • Darkshines
    Darkshines Posts: 44 Forumite
    I am on the look out for them I went through my purse and none so far... but we shouldn't give up.
  • KaramelRose
    KaramelRose Posts: 378 Forumite
    This is welcome news to me as my partner and I have been saving all our 20ps for about a month now - will have a sift through tonight and fingers crossed I'll be lucky!!
    TWBM 2010 Wishlist:
    1. Nintendo Wii
    2. An MP3 Player for my Boyfriend
    3. Some nice food!
  • scotsbob
    scotsbob Posts: 4,632 Forumite
    Read the story about this in the Daily Mail this morning. My son and I both svae outr 20ps in a jar and bank them once a year. We have two with no date. I think we would be very foolish to trade them in for £50 each. I think we will get a better deal keeping them for a couple of years and then selling to collectors.
  • sammie383
    sammie383 Posts: 165 Forumite
    I have just had a look in my purse, I have 7 20p coins in there just now and 1 has no date on it!

    Whats the best advice? Keep it....or trade in in for £50? x
  • brightonman123
    brightonman123 Posts: 8,535 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    cant help thinking this is a rouse by London Mint (this firm, afaik, are not related to the official Royal Mint..) to boost trade.. if they are offering £50, what are THEY likely to sell on for?

    also, there is nothing (yet) about this on the official site, at all..

    i dont think the RM would (or could) pay way OTT to get said coins back, even if they did exist..

    :confused:
    Long time away from MSE, been dealing real life stuff..
    Sometimes seen lurking on the compers forum :-)
  • kalaika
    kalaika Posts: 716 Forumite
    If you're buying one, make sure you're actually buying a collectible one:

    http://forums.moneysavingexpert.com/showthread.html?t=1783469

    (Sorry, link is easier than re-writing it all...)
    No trees were killed to send this message, but a large number of electrons were terribly inconvenienced. - Neil deGrasse Tyson (@neiltyson)
  • vvalles
    vvalles Posts: 9 Forumite
    Well, I still need to check my coin jar to see if I have any luck, but instead of selling it to London Mint it may be worth selling it on eBay... I just looked and some are selling for over £190 !!! :eek:

    Good luck to all !
  • Dinah93
    Dinah93 Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Bake Off Boss!
    Just gone through our penny jar and we have one! Very exciting.
    Debt January 1st 2018 £96,999.81
    Debt September 20th 2022 £2991.68- 96.92% paid off
    Met NIM 23/06/2008
  • bo_drinker
    bo_drinker Posts: 3,924 Forumite
    I came in to this world with nothing and I've still got most of it left. :rolleyes:
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