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Diversity Built Britain 50p

mrsjanebanbury2009
Posts: 115 Forumite

I am confused and I wonder if any one can explain. On eBay at the moment there are Diversity Built Britain 50p coins on sale from anything from £1.45 up to £20,000..... . I understand that some people will just try it on. But if you look at the Sold items there are also listings which seem to have sold for anything from 50p up to £20K. Some of those at the top end have been relisted and therefore I get they probably didn't actually sell for that, but there are still 40+ sales in the last couple of months sold at over £5000. At the other end of the scale there are 200+ sales for under £2. What's going on? Thanks in advance for any enlightenment!
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People believe the hype that these coins are valuable, the tabloids insist on keep putting out incorrect stories and hyping them up. The coin is a common one, it is worth 50p although occasionally a buyer will get bidding fever and pay more, but most of the expensive sales are just time wasters trying to make a point.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.2
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I've got 4 x Diversity Built Britain 50p.
I don't for one minute think I've got up to £80k.
I do know I've got £2.00.6 -
soolin said:People believe the hype that these coins are valuable, the tabloids insist on keep putting out incorrect stories and hyping them up. The coin is a common one, it is worth 50p although occasionally a buyer will get bidding fever and pay more, but most of the expensive sales are just time wasters trying to make a point.0
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mrsjanebanbury2009 said:soolin said:People believe the hype that these coins are valuable, the tabloids insist on keep putting out incorrect stories and hyping them up. The coin is a common one, it is worth 50p although occasionally a buyer will get bidding fever and pay more, but most of the expensive sales are just time wasters trying to make a point.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.2
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yeah just because an auction has ended at an amount doesn't mean any money has actually changed hands.2
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I remember during the pandemic and the shortage of toilet rolls, sellers offering packs at hundreds/thousands of pounds and getting bids! But i can't believe anyone was bidding seriously, just trying to torpedo that kind of scalping behaviour ...The other thing is it might be international bidders, who dont realise how common the coins are.2
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tightauldgit said:yeah just because an auction has ended at an amount doesn't mean any money has actually changed hands.0
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kalsha said:tightauldgit said:yeah just because an auction has ended at an amount doesn't mean any money has actually changed hands.
I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0 -
When the team I support reached the FA Cup final many years ago, there was a lot of local anger that regular supporters were unable to get tickets for the game, but tickets were appearing on eBay. So some fans organised auction-wrecking campaigns where they would bid the price up to several 1000s of pounds but with obviously no intention of paying that amount, leaving the tickets unsold. It didn't stop the local paper printing headlines that "tickets were changing hands for thousands of pounds".2
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kalsha said:tightauldgit said:yeah just because an auction has ended at an amount doesn't mean any money has actually changed hands.0
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