Is your 20p coin worth £50?

Former_MSE_Guy · 29 June 2009 at 1:33PM

This thread is to discuss the following news story:

DebtHater · 29 June 2009 at 1:50PM

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 · 29 June 2009 at 2:01PM

I am on the look out for them I went through my purse and none so far... but we shouldn't give up.

KaramelRose · 29 June 2009 at 2:03PM

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!!

scotsbob · 29 June 2009 at 3:07PM

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 · 29 June 2009 at 3:18PM

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 · 29 June 2009 at 4:20PM

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..

kalaika · 29 June 2009 at 4:38PM

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...)

vvalles · 29 June 2009 at 4:47PM

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 !