FANS of the Royals and coins will be excited over the recent launch of The Queen’s Platinum Jubilee 50p – we explain how much it’s worth.

The coin was officially released earlier this month, and is the first 50p ever made to mark a royal event.

This commemorative 50p has been launched to celebrate The Queen's Platinum Jubilee

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This commemorative 50p has been launched to celebrate The Queen’s Platinum JubileeCredit: PA

The heads side of the coin features The Queen on horseback, while the tails face shows the number 70, marking how long Her Majesty has been ruling for.

The coin’s design has personally been given the nod by The Queen.

But how much is it worth? We explain all you need to know.

How much is it worth?

If you want to bag yourself one of these coins, you’ll have to pay more than its face value for it.

The coin is available to buy from the Royal Mint for £7.

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This is for an uncirculated version of the commemorative coin – which means that you won’t pick it up in your change from the shops.

The Royal Mint hasn’t confirmed whether any of the coins will be released into circulation – we’ve asked for more information and will update you when we know more.

However, the Royal Mint’s website says that it is currently awaiting stock for the coin – which means you may not be able to buy it immediately.

Meanwhile, The Sun has spotted the 50ps being sold on eBay already for even more than £7.

Collectors battled it out to bag the coin on eBay earlier this month when the coin was launched, with the lucky bidder splashing out £17 to nab it.

Separately, another one coin went for £14.50 when coin enthusiasts swooped on it, and another was scooped for £13.50.

What other coins are valuable?

Although you are not likely to pick up the new 50p in your spare change because it is uncirculated, there are plenty of other coins you might end up pocketing that are valuable.

Other commemorative style coins include the Kew Gardens 50p – which can sell for hundreds of pounds.

Most recently, this Kew Gardens coin – featuring the Chinese pagoda that stands at the heart of the London attraction – went for £250 on eBay.

The Beatrix Potter 50p, which was released in 2016 to coincide with the 150th anniversary of the famous author, has previously sold for as much as £8 on eBay.

While this rare EU coin sold recently on eBay for £70 – its design celebrates the UK’s presidency of the European Council of Ministers, and the completion of the Single Market.

But if you’re planning on splashing out yourself for a rare coin of your own, beware of fakes.

You can check your change with experts like Coin Hunter or The Royal Mint if you want to know if your change is worth what others are saying.

Keep an eye out for coins with design flaws on them too.

You can sometimes make a mint from selling these coins – one 50p with a minting error on it recently sold for an impressive £550.

Rare coins and valuable notes – is yours worth a mint?

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This post first appeared on thesun.co.uk

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