Eyes to the left! New Charles coin hits circulation
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Eyes to the left! New Charles Coin Enters Circulation: But Coin Not Expected To Increase In Value As 4.9 Million Will Flood The Market
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His Majesty King Charles III can now be found in your pocket – he first appeared on the ‘head’ side of a 50 pence piece that went into circulation last week.
This new coin is expected to increase interest in numismatics – collecting currency. But despite its historical significance, this King Charles coin is not expected to appreciate in value as 4.9 million will flood the market. Only deviations will result in the coin being worth more than 50 pence.
Turnaround: following the tradition of alternating the profile of successive monarchs, King Charles faces left
Following the tradition of alternating the profile of successive monarchs, King Charles faces left. His mother, Queen Elizabeth II, looked to the right. So if your monarch coin faces the wrong direction, it could be worth a small fortune.
Other 50p coins have sold for as much as £1,000 due to errors and collecting fever around limited editions. A 600 coin lot featuring a swimmer whose face was accidentally obscured in a set of 2012 Olympic Games 50p pieces is now selling for £800 each.
A limited edition 50 pence Peter Rabbit coin, minted in 2016 to commemorate the 150th anniversary of the birth of Beatrix Potter, has changed hands for up to £1,000.
Other 50p investments include a 2019 Paddington Bear limited edition selling for £300 and a 2009 Kew Gardens piece, issued to commemorate the 250th anniversary of the Royal Botanic Gardens, which can be worth as much as £200 to be.