Is it worth keeping unusual 50p and £2 coins?

hoopsalot

We've been saving unusual 50p and £2 coins over the years. We have a handful and I've just had a bimble around the internet to look at their worth. Unsurprisingly most of them are only worth face value or a smidge above this. Is it worth hanging on to them to see if they ever increase in value? I'm torn between just cashing them in at the bank and putting the money towards a house deposit, and saving them incase they magically gain worth in ten years time as they don't take up much space. Any thoughts?

Grumpy_chap

I hope you get a positive answer as I have been doing the same.

Alter_ego

Could be worth it in a few hundred years, unless they are proof coins or gold etc

hoopsalot

Grumpy_chap said:

I hope you get a positive answer as I have been doing the same.

I'd be really interested to know how many other people do this too. I'm starting to wonder if it's just a myth or it's happened across the generations because of the odd, well publicised case of someone finding something very rare and cashing it in for a lot of money.

Grumpy_chap

hoopsalot said:

Grumpy_chap said:

I hope you get a positive answer as I have been doing the same.

I'd be really interested to know how many other people do this too. I'm starting to wonder if it's just a myth or it's happened across the generations because of the odd, well publicised case of someone finding something very rare and cashing it in for a lot of money.

Maybe the coins are only rare because of that odd case reported meaning everyone else is squirrelling them away.

droopsnoot

I've been doing this too, but I don't think there's any significant value in most of them, other than their face value. There is the odd genuine rarity such as the "Kew Gardens" 50p piece, but other than that I think it's unlikely, especially if they are like mine - just coins that have turned up in day to day change. Collectors usually like "mint uncirculated" if they're going for modern coins, as far as I can see.

I have one "Kew Gardens" 50p, and one of the undated 20p coins, but I'm not sure either of them are worth all that much. I just keep the rest because I quite like them.

Plenty of stalls in the local craft / antiques / tat centre asking £2 upwards for a 50p coin, but I'm not seeing them sell very many - or I wasn't, pre-lockdown. Or maybe they sell a handful and just keep replenishing the stock.

lincroft1710

droopsnoot said:

I have one "Kew Gardens" 50p, and one of the undated 20p coins, but I'm not sure either of them are worth all that much. I just keep the rest because I quite like them.

2009 Kew 50p coins are worth upwards of £150.

KxMx

Prices of the Kew Gardens 50p are indeed very high at the moment, just look at sold prices on eBay.
I sold one about 8 years ago for £50, demand only seems to be increasing for that one. 

droopsnoot

Interesting, though it might be academic (for me at least) as I can't find it anywhere now I come to look for it. Plenty of 2012 Olympic ones, and various £2 coins, but not the one I had somewhere. Come to think of it, I seem to recall there was an Olympic one with some value because of a badly-cast design or something. But my Beatrix Potter ones are also probably not worth a lot.

Coffeekup

Check out the following link on this guy on you toobz..... he puts a little price in top right corner of the the 50p and £2 coins he sells coins for on e Bay.... as others have said 50p Kew gardens is the one to find, along with some Olympic one's.

Link...https://youtube.com/c/ChristopherCollects

JamoLew

lincroft1710 said:

droopsnoot said:

I have one "Kew Gardens" 50p, and one of the undated 20p coins, but I'm not sure either of them are worth all that much. I just keep the rest because I quite like them.

2009 Kew 50p coins are worth upwards of £150.

Actually - they are worth exactly 50p

Unless a significant amount have changed hands at £150 then that amount doesnt constitute their worth.

Collectors will pay a premium to complete collections, but that doesnt necessarily equate to their worth and your ability to get that much for them