In 2009, the Royal Mint issued a commemorative 50 pence coin to celebrate the 250th anniversary of the Royal Botanic Gardens at Kew as a botanical garden. The coin which was designed by Christopher Le Brun RA, features the famous Chinese Pagoda at Kew with a decorative leafy climber twining in and around the pagoda.
210,000 of this coin were minted for circulation, it has been claimed the rarest 50 pence coin. Collectors all over the world are collecting this coin.
A Kew Gardens 50 pence coin in circulated condition can easily reach over 150 times of its face value in some auction sites. A Kew Garden 50 pence brilliant uncirculated pack is even being sold for over £200. A 2009 Royal Mint proof set containing the Kew Gardens coin is also valued over £300.
The whole Britain or even the whole world is obsessed with this coin. It has been 8 years now since the coin’s first release, the value of this coin is still staying strong and increasing. It is in so high demand that even FAKE Kew Gardens 50 pence coins are produced and flooded into the market. Fraudsters simply cannot miss the opportunity to make some good money on this ‘so-called’ rarest coin.
While everyone is paying RIDICULOUS amount of money for the Kew Gardens coin, it seems that another 50 pence coins which has much lower mintage is totally forgotten and UNLOVED.
In 1992, the Royal Mint issued another commemorative 50 pence coin to mark the United Kingdom’s Presidency of the Council of Ministers and the completion of the Single European Market. The coin which was designed by Mary Milner Dickens, features a table on which is placed twelve stars, linked by a network of lines to each other and also to twelve chairs around the table, on one of which appear the letters “UK”, and with the dates “1992” and “1993” above and the value “50 PENCE” below.
109,000 of this coin were minted for circulation. Due to the fact that this coin is one of the old larger and heavier 50 pence coins, it was withdrawn from circulation in 1997.
This coin in circulated condition is currently being sold for around £50 on an online auction site. A brilliant uncirculated pack is valued about £60. A 1992 proof set which contains this coin is only valued £70-£80.
What has gone wrong? Being almost a half mintage of the Kew Gardens 50 pence coin, how can the EEC 50 pence coin be worth so little?
The Royal Mint blog claims this coin is not in circulation, so its mintage figure cannot be counted. But there are some coins that also have a low mintage and are no longer a legal tender, such as the 1933 penny coin only a handful was produced, one was sold for £72,000 in auction, is it not rare?
It seems rather unfair that the EEC 50 pence coin has never been labelled ‘the rarest 50 pence coin’ the UK has ever had. I would imagine the coins were withdrawn in 1997, most of them would have been kept and destroyed in the late 90s. So in theory, the existing of this coin is less than 109,000 to the public. It is so sad to see such coin has a great meaning and is so rare but never get mentioned and loved at all. What is wrong with this world?
Seeing the round pound coins are phasing out in 2017, should all collectors stop buying the round pound coins as the coins will soon be withdrawn and become a non-legal-tender in October 2017?
I really hope there is a collector’s guideline to justify and reclaim the rareness of the 1992-93 EEC 50 pence coin!
Just a final reminder, 210,000 Kew Gardens 50 pence were issued for circulation in 2009 while ONLY 109,000 dual-date 1992-93 EEC 50 pence were issed for circulation in 1992. Which is the rarest coin?