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Royal Mint £20 Coin: An Investment or just a keepsake?
manutdsc
Posts: 18 Forumite
I recently purchased the Royal Mint silver £20 coin which was brought out to commemorate the Queen being the longest serving monarch. It cost £20 to buy. Do you think there is any chance that this will actually increase in value over time or is it just a mere trinket of the queen's reign? Only 150,000 of them have been made. I've already seen some of them selling on ebay for £40.00, which is double their face value.
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depends on silver content, I guess. I doubt such coins will become an Antiques Roadshow worthy 'collectable'..!breathe in, breathe out- You're alive! Everything else is a bonus, right? RIGHT??0
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You can never tell - the Kew Gardens 50p was made in larger numbers than that, but seems to be worth around £24.
My view is that anything specifically intended to be sold as a collectors piece isn't really likely to increase in value by much, but I've been wrong before.0 -
It will be an investment that should see an increase in value over the next couple of hundred years. Maybe to twice its value in that period.
Collectables tend to be collectable by accident rather than by design.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I bought 50 of these for this exact reason.
I expect to buy an ipad from them in about 200 years time.0 -
Keepsake, never be worth much more than £20, and did you know this is the third £20 coin issued?
There have also been three £100 coins issued, ditto on them -keepsake
fj0 -
I'm no expert but from a little searching it seems that the Kew Gardens one was released into general circulation - so while there were more produced the large majority are sitting in the pockets or coin jars of random people who are blissfully unaware of their value. So in practice they're a lot more difficult for a collector to get hold of than a commemorative coin which was manufactured in smaller numbers, but only ever sold to collectors. Much of their value also seems to derive from the fact that they're the rarest coin in general circulation, rather than being just another commemorative coin marketed as a collectable.droopsnoot wrote: »You can never tell - the Kew Gardens 50p was made in larger numbers than that, but seems to be worth around £24.0 -
How much is a Churchill crown worth now?
Certainly available for under a quid, and there is a possibility it's worth less than 25p at dealer wholesale price.0
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