A TikTok influencer is warning people about being misled into buying the Brexit 50p coin for exorbitant prices. He urges viewers to check sold prices and not get fooled by inflated listings online.
The craze for collecting rare coins has seen a surge in recent months, with many enthusiasts eager to start their own collections. However, this has led to some sellers attaching exorbitant prices to coins that may not be as valuable as they claim. Now a TikTok influencer, @CoinCollectingWizard, who boasts over 215,000 followers, recently issued a stark warning about a particular 50p coin.
He claimed this piece is being hawked for the eye-watering sum of £20,000, despite it only being worth its face value. The coin in question is the Brexit 50p, minted to commemorate the UK's intended departure from the EU on October 31, 2019. The release of these coins was halted when the Brexit date was postponed. In his video, which starts with someone boarding a private jet after discovering a 'rare 50p coin worth £20,000', he advises viewers to seek a refund if they've been misled into such a purchase. He said: 'This has a mintage of over 5million. The arrival of the Brexit 50p, officially known as the withdrawal from the European Union, didn't go smoothly just like the political maze of the Brexit process itself. 'Eventually the coin was released and sometimes pops up with high price tags online. But you really shouldn't believe everything you see on the internet, as it's just worth 50p.' Showing screenshots of previous listings, he issued some advice: 'Just remember anyone can put these prices and you should be looking at sold prices rather than live listings. 'I promise you this 50p is only worth 50p and is one of the easiest coins to find in your change.' Since he shared the crucial warning, the post garnered plenty of likes and comments. There are many ways to determine is a rare coin is genuine. Firstly, make sure to examine it closely for visual imperfections, check its weight and diameter, as well as doing a spot of research. Also a coin's history can provide valuable information to prove its origi
Rare Coins Brexit 50P Tiktok Price Inflation Misleading Listings
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