How much is for a 50p?

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  • #21813
    tadkatadka
    Participant
      @tadka
      Forumite Points: 0

      Was looking on eBay to see if any of my coins are valuable and saw this 50p with bids at £16k    ebay

      Yet an identical coin auction ending even sooner than the other one is has much less bidding   ebay

      Something fishy going on.

      #21814
      PlaneManPlaneMan
      Participant
        @planeman
        Forumite Points: 196

        The first link, the seller has 0 feedback. Scam of some kind, almost certainly. You’d have to be mad, drunk and minted to bid that kind of money on a coin with a zero feedback seller.

        It’s hard to tell because of the different lighting in the two listings but the paper under the coins is very similar. I smell a big, well planned scam.

        #21818
        tadkatadka
        Participant
          @tadka
          Forumite Points: 0

          What I can’t understand is why so much bidding on that one coin when the seller has 0 feedback and there are 2 or 3 other such coins being auctioned.

          #21821
          PlaneManPlaneMan
          Participant
            @planeman
            Forumite Points: 196

            Probably shill accounts, not looked into them but I reckon they’ve bought low value items to build up feedback, making the bids look genuine.

            #21829
            BorisBoris
            Participant
              @boris
              Forumite Points: 0

              This one is for sale from Pontyclun (by coincidence ? next door to the Mint)

              https://www.ebay.co.uk/itm/PADDINGTON-BEAR-IN-PADDINGTON-STATION-2018-50P-RARE-ACCIDENTAL-RELEASE/132660613632?

              Never trust an atom - they make up everything !

              #21830
              Robin LongRobin Long
              Participant
                @knightmare007
                Forumite Points: 12

                The rarest 50p is Kew Gardens, it’s worth 50p however since its rare most buyers will pay around £100 to £150 for a circulated coin, and between £15 – £50 for an un-circulated coin since they are not as rare, there are however a lot of Chinese fakes entering the market which have distorted the value of all 50p’s.

                Paddington is a new release since the mint has not released official figures as to how many will be minted its value is 50p and anyone paying more is likely to pay upto £50 until the final mintage figure is released. £16,100 is likly to be a fraudulent bid. The name and date on white paper is a standard way of saying I’ve found a new release, it also prevents you from using stock ebay images to sell.  The 2 coins appear to be different since coin 1 has a a mark on Paddington that coin 2 does not, both pics are of poor quality though.

                Change Checker is a good source of all things 50p.

                Cheers Knight,

                RIP Spike09 Your Missed
                If I'm not here, I'm there.

                Finally joined Twitter! longr79

                #21831
                tadkatadka
                Participant
                  @tadka
                  Forumite Points: 0

                  This one is for sale from Pontyclun (by coincidence ? next door to the Mint) https://www.ebay.co.uk/itm/PADDINGTON-BEAR-IN-PADDINGTON-STATION-2018-50P-RARE-ACCIDENTAL-RELEASE/132660613632?

                  The description in your link looks very similar to the one with £16k of bids. I’m 99.99% sure it’s the same person.

                  #21836
                  TipponTippon
                  Participant
                    @tippon
                    Forumite Points: 0

                    This one is for sale from Pontyclun (by coincidence ? next door to the Mint) https://www.ebay.co.uk/itm/PADDINGTON-BEAR-IN-PADDINGTON-STATION-2018-50P-RARE-ACCIDENTAL-RELEASE/132660613632?

                    The description in your link looks very similar to the one with £16k of bids. I’m 99.99% sure it’s the same person.

                    The one bid is from a bidder who has only made seven bids, on seven items, so one each. Five of them are on coins.

                    https://offer.ebay.co.uk/ws/eBayISAPI.dll?ViewBidderProfile&mode=1&item=132660613632&bidtid=1480240786003&_trksid=p2471758.m4792

                    #21852
                    Bob WilliamsBob Williams
                    Participant
                      @bullstuff2
                      Forumite Points: 0

                      A retired police officer mate once told me that 50p. coins comprised the largest percentage of counterfeited British coinage. Now that the Chinese are in on that game, it must be worse. I recall that some machines, a few years ago, were refusing and rejecting some 50p’s. I was with my ex-copper mate in a car park, trying to pay the machine, when this happened, and that’s when he told me. Apparently machines were adjusted to take all 50p’s, whether light (forged) or full weight (genuine). In other words, the authorities gave up the unequal battle.

                      When the Thought Police arrive at your door, think -
                      I'm out.

                      #21853
                      The DukeThe Duke
                      Participant
                        @sgb101
                        Forumite Points: 5

                        If the Chinese see bobs post. They can happily send me as many 50p they wish. If the perfect the £50 note, all the better.

                        If the layers are reading, I don’t condone any type of forgery.

                         

                        (call me China)

                        #21856
                        Bob WilliamsBob Williams
                        Participant
                          @bullstuff2
                          Forumite Points: 0

                          If the Chinese see bobs post. They can happily send me as many 50p they wish. If the perfect the £50 note, all the better. If the layers are reading, I don’t condone any type of forgery. (call me China)

                          Neither do I, but never got the moulds right anyway!???

                          When the Thought Police arrive at your door, think -
                          I'm out.

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