Published On: Mon, Feb 11th, 2019

eBay: Rare 50p Johnson’s Dictionary coin selling for £2,000 – but why?

The seller has a 100 per cent positive feedback.

Their title of the listing is: “Rare 50p Coin Johnson’s Dictionary 1755 Saxon Plural Of Penny Fifty Pence.”

And in the description the eBay user has described the collector’s item as a “really rare coin”.

Issued by the Royal Mint in 2005, the Samuel Johnson 50p was issued to mark the 250th anniversary of Samuel Johnson’s Dictionary of the English Language.

The design of the coin, by Tom Philips, shows dictionary entries for the words ‘fifty’ and ‘pence’.

The figure 50 sits above the words, while the inscription ‘Johnson’s Dictionary 1755’ is written below’.

Samuel Johnson’s Dictionary was published in 1755 and is among the most influential dictionaries in the English language.

The rare coin to honour the writer was issued with a mintage of 17,649,000, meaning it’s not as rare as some collectors might have hoped.

In fact, its actual value is just £3, according to publication Spend It? Save It? What Should You Do?

The publication also warns collectors about unnecessarily spending such high prices on coins deemed ‘rare’.

The experts said: “Coins cannot be considered rarities and whilst they may be scarcer than some of the others, that doesn’t mean they are going to be worth any more than 50p.

“Certainly not to a dealer if you come to sell.”

They also warn buyers not to expect to receive such a high amount from buyers when they come to sell.

“You may be tempted to buy any of the coins that you are missing from online auctions sites for more than face value.

“And that’s okay if you can afford it and you don’t expect to get your money back when you come to sell,” the magazine adds.

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