eBay: ‘Rare’ Peter Rabbit 50p selling for a whopping £8999 – but you must watch out

Commemorative coins are not always rare but they are still very interesting to a number of people. Although there are plenty of these coins selling on eBay, some of these are uploaded for much more than face value. A Peter Rabbit 50p coin was listed with the astounding asking price of £8999. The seller described the coin as rare, but this might not actually be the case.

Tale of Peter rabbit 50p coin 2017, circulated coin but in very good condition.

eBay user

The eBay user “gucci_guy786” put the listing on the site and uploaded two pictures of the Beatrix Potter coin.

On the post, they wrote: “Tale of Peter rabbit 50p coin 2017, rare. Circulated coin but in very good condition.”

Even though they asked for the large sum of money, they admitted the coin was circulated, something which usually decreases the value.

The fifty pence comes with free postage and can be delivered by special delivery or it can be collected.

The whopping asking price may suggest the coin is very valuable, but this does not seem to be the case.

Before parting with so much cash, potential bidders should check with a coin expert to ensure they get the best deal.

The commemorative coin on sale is a Peter Rabbit 50p coin which was released in 2017.

It may be interesting to a lot of people and it was part of the second batch of Beatrix Potter 50p coins to be put into circulation.

These were first released in 2016 to mark the 150th anniversary of the birth of the popular children’s author.

However, a quick search online reveals the coin has a mintage of 19,300,000 and is ranked as one on the scarcity index.

This means the fifty pence is not rare and is instead classified as “common”.

What’s more, the Peter Rabbit 50p was available to buy on the website, Change Checker, for just £10.

The publication Spent It? Save It? What Should You Do? has also given the coin a low valuation of just £4.

Recently, a Benjamin Bunny coin from the same 2017 collection was selling for £1325 but it is worth £4. 

A 2018 Representation of the People Act 50p was advertised for £5000, despite having a valuation of £3.

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