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eBay: Beatrix Potter Benjamin Bunny coin selling for £2500 – why?

The bidding site, eBay, has a whole host of treasures and commemorative coins put up for sale.  A Beatrix Potter Benjamin Bunny 50p coin has been uploaded with an asking price much greater than face value.  The seller, “iam-dme-giuk69” put the fifty pence piece on sale with the huge starting price of £1500.  The coin was also given a Buy It Now price of £2500 and it was described as rare, but this may not be the case.

As well as a huge starting price for bids, the seller believed it to be worth much more and asked for £2500 from anyone hoping to buy it outright.

Along with one picture of the coin, the seller wrote: “RARE Benjamin Bunny 50p Coin” and revealed it was released in 2017.

On top of the whopping asking price, anyone hoping to buy the coin will be charged £1.50 to have it delivered by First Class Large Letter.

Beatrix Potter commemorative coins were first released in 2016 to mark the anniversary of the author’s birth, and new ones have been released each year since.

Although the coin may be interesting to many people, it is not necessarily worth as much as the asking price would suggest.

The coin features a drawing of the Beatrix Potter character, Benjamin Bunny.

All coins in the collection were designed by Emma Noble and feature a selection of much-loved Beatrix Potter characters.

The 50 pence on offer has a mintage of 25,000,000, according to the coin website, Change Checker.

This mintage means it is ranked as “one” on the scarcity index, which means it is common, and not rare.

What’s more, those hoping to get their hands on the coin can do so from the Westminster Collection for just £3.99.

The coin publication, Spend It? Save It? What Should You Do?, believes there are much fewer of the coins, and they have given it a mintage of 11,300,000.

Still, the publication has given it an equally low valuation of just £4.

Those looking for the Benjamin Bunny 50p coin should check with a coin expert before parting with their cash.

This is not the only coin to sell for much more than face value online, and another Benjamin Bunny coin was put on sale for £4999. 

An Aquatics Olympic 50p coin has recently sold on eBay for a whopping £820. 

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