A rare 50p Snowman coin has sold for £100 on eBay – and all because of a major design flaw.
The Snowman 50p is a design that was released around Christmas time two years ago to celebrate the beloved family movie during the festival, but the design has a flaw.
Even so, that hole has only increased the price, making the coin in the sale worth 200 times its 50p face value.
In the case of a color design that will touch the edges of 50p around its circumference, it is slightly off.
That means the top of the coin has a bit of silver peeking out where it shouldn’t.
The coin’s seller said: “I’ve seen a pair of coins that were slightly misprinted before, but nowhere as much as this one.
“It’s probably a piece of the puzzle.”
It is already a unique and rare coin, as it has a commemorative design.
Rare coins and valuable banknotes
These, in general, often sold for hundreds of yen on an online auction site, so it’s not surprising to see it garner the same amount of attention.
During the Christmas period we saw other commemorative style coins in similar carnival designs, as well as all the other The Snowman motifs in the long-running collection, which sell for hundreds of pounds.
Yes four different variations of The Snowman 50p that we know of.
A memory Snowman 50p coin was first released in November 2018 celebrates 40 years since Raymond Briggs’ original Christmas novel was published.
The coin features a Snowman flying through the sky above Brighton Pier with his human best friend James.
Next November, Second coin released Show Snowman on a snow-carpeted lawn with James in the foreground and the forest in the background.
In the third reincarnation, the coin instead featured with Snowman Hugging James.
Of course, a brand new coin was also released last year, and it features an identical scene from the original storybook, of James creating the snowman.
But it’s not just Christmas coins that will work well on eBay – there’s a whole bunch Olympics 2012 Each coin depicts different sporting events from world famous games and they will also often be sold above face value.
Are bugs like these worth the money?
If you find a coin that looks different than it should, it may have a minting error.
The buggy currency still has a legal bid, so there is a chance that one will appear in your own spare change.
The Royal mint produce between three million and four million coins per day so things often go wrong but that being said, they will still be produced in low quantities making them rare.
So collectors will still be interested in whatever they find, and they’ll often bid high fare for one they keep an eye on.
If the coin has no obvious flaws to show, it may only have a face value of 50p or £4.50 that it is officially sold on. Westminster Collection.
You can check the errors you find against other listings on eBay to see how much others are selling or willing to pay for a similar strike.
Usually, you can determine if something is a real deal by the number of people who bid on a similar listing who are willing to put their claim on it.
Sadly, this example only has one bid, and while that can sometimes be all, you also have to be wary that it may not have sold for the price it said it was.
Remember that buyers can always pull out of the sale, which means they won’t sell for a price they can tell.
You should also take note of counterfeit goods, as you may find yourself fooled by something that doesn’t really have any value – making a big mistake yourself.
Rare coins and valuables – is yours worth a penny?
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https://www.thesun.co.uk/money/17226599/rare-snowman-50p-coin-major-error/ Rare Snowman 50p coin sells for £100 on eBay