50p: Hereford seller lists King Charles coin for £400

Despite the new coin coming into circulation earlier this month, Facebook Marketplace and Ebay have been filled with sellers trying to get in on the fad quickly.

Searching Ebay, a seller in Hereford is shifting 50p coins for £400.

Perhaps unsurprisingly, there are currently no bidders willing to part with their hard-earned cash for the coin which has been released into general circulation.

Five million coins, celebrating Charles’s coronation earlier this year, were received by the Post Office and UK bank branches on August 10.

Featuring a design by Royal Mint coin designer Natasha Jenkins, the coins are the second 50ps to enter circulation bearing Charles’s official coin portrait.

The first was the memorial 50 pence, which entered circulation in December 2022, marking the transition from the late Queen to the King.

The reverse (tails) design of the new 50p, created by Ms Jenkins, features Westminster Abbey.

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At the centre of the design is the King’s official cypher, representing him at Westminster Abbey being crowned King.

The obverse (heads) of the 50p features the King’s official coin portrait which was unveiled in September 2022 and is designed by sculptor Martin Jennings, as well as being personally approved by the King.

All 50p coins entering circulation will feature the King’s uncrowned portrait, the Mint said, differing from the commemorative coronation coins that were unveiled earlier this year.

Rebecca Morgan, director of commemorative coin at the Royal Mint, said: “We are delighted to announce that five million 50p coins produced to mark His Majesty King Charles III’s coronation will enter circulation from today.

“This is a special moment for the nation, as members of the public will have the opportunity to find a piece of history in their change. We anticipate the coronation 50p coins will be highly sought after among coin collectors and members of the public keen to own a piece of British history.

“The Royal Mint has had the honour of striking coins for every British monarch since Alfred the Great and we are proud to continue that long history with the introduction of His Majesty’s official coinage.”

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