£50 Britannia Coin

manutdsc

Hi

I have a £50 Britannia Coin which has been specially commissioned by the Royal Mint with only 100000 being made. How much would I get if I sold it and should I hold onto it in the future as an investment?

fifeken

You'd likely get around what you paid for it, going by those sold on eBay.


Opinions vary on the future value, but The Mint are creating more and more of these "specials" just to make money.


A comment from a coin dealer recently was:

"Products sold from the mintages of most of its products over the last two to three years are way down."

From this article:

http://www.thisismoney.co.uk/money/saving/article-3395473/The-face-value-legal-tender-coins-t-cash-Royal-Mint-mis-leading-special-coin-buyers.html

ChesterDog

The word 'only' in front of 100,000 is at best superfluous at at worst misleading, I would say.

Aretnap

Indeed - 100,000 is a lot, especially given that they're not in general circulation and were only really sold to collectors. Probably most if not all of the collectors who wanted one would have bought one when they were originally issued. So in my (non-expert) opinion you'll be lucky to see a big increase in value for a long time, if ever.

This tends to be true of most things which are marketed as collectible - they're sold in whatever quantity the manufacturer thinks there'll be a market for. Genuinely valuable collectible items tend to become so by accident rather than by design.