will Olympic 50p coins be worth anything in the future?
anonymous
2013-07-26 12:49:47 UTC
I have a couple of the Olympic 50p coins and I was thinking about getting whole collection will they be worth more in 20 or 30 years will I be able to sell them for more than I brought them for?
Eight answers:
?
2013-07-28 09:47:57 UTC
It depends on whether they are loose change or mint. The ones that will increase in value are the ones encapsulated in plastic, issued by the Royal Mint and have never been in circulation. The ones you may find in loose change will never have a value over 50p unless somebody needs that one to make up a set. Collectors only want perfect ones.
Onida
2015-08-12 05:04:58 UTC
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RE:
will Olympic 50p coins be worth anything in the future?
I have a couple of the Olympic 50p coins and I was thinking about getting whole collection will they be worth more in 20 or 30 years will I be able to sell them for more than I brought them for?
Bubbles 0407
2013-07-26 12:57:51 UTC
Its difficult to say but, I think it will take more than 20 or 30 years for them to go up by a significant amount. Because so many were made, there's still a lot of them around which takes value off them because they're not yet rare. I think eventually one day they will be worth something, but that time won't come until the number of them decreases, so when they go out of circulation and banks take them back, and once they've been lost or spent by the majority of people who had them. 40 or 50 years, maybe a lot longer. Might as well hold on to them but I wouldn't buy loads and loads of them :)
bergeron
2016-12-18 00:13:00 UTC
50p Values
Emerald
2013-07-26 12:52:22 UTC
Perhaps. I used to have one, but I accidentally spent it on a drink. LOL
But anyway when I looked on the Internet it was worth £1.50 I don't know if this will go up. This is because many people will have them.
anonymous
2013-07-26 12:53:10 UTC
It'll be worth about 50p.
Mikey C
2013-07-30 01:43:41 UTC
Probably little more than the coins face value due to the number of them which were made.
Many collectors will have the set and the market supply depresses the price.
Coins only really become valuable if they are rare and in mint condition. They tend to be worth more to a collector if the coin has been removed from circulation (e.g. the old 5p - before they were made pathetically small). This is because banks etc remove them as they come in so the number still out there drops.
finn24
2013-07-26 12:54:58 UTC
It depends on how many of them were made & circulated. The fewer of them, the more chance they will have some value in the future.
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