A RARE coin featuring a picture of the Olympics drawn by a young Blue Peter viewer has sold for £205.
There were 26 different designs released to celebrate the sporting event held in London 2021 and several of them are now among the rarest coins.
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The Blue Peter Olympic coin shows an athlete doing the high jump and was drawn by nine-year-old Florence Jackson after winning a competition on the kids TV show.
Around 2.2million of the coins were minted in 2011 and released into circulation but an earlier version of the coin was minted in 2009 and is much more valuable.
Far fewer were made – just under 20,000 – making them much rarer and worth far more.
At the time the 2009 Blue Peter coins were made, they could be bought from the Royal Mint for £1.99 and they were never officially put into circulation.
Is your small change worth a fortune?
IF you think that you might have a rare coin then you might be able to make a real mint.
The most valuable coins are usually those with a low mintage or an error.
These are often deemed the most valuable by collectors.
You should check how much the coin is selling for on eBay.
Search the full name of the coin, select the “sold” listing and then toggle the search to “highest value”.
It will give you an idea of the amount of money that the coin is going for.
You can either choose to sell the coin on eBay or through a specialist such as ChangeChecker.org.
If you choose the auction website then remember to set a minimum price that is higher or at the very least equal to the face value of the coin.
Even if your coin “sells” on eBay for a high price there’s no guarantee that the buyer will cough up.
It its terms and conditions, the auction website states that bidders enter a “legally binding contract to purchase an item”, but there’s no way to enforce this rule in reality.
The most eBay can do is add a note to their account for the unpaid item or remove their ability to bid and buy.
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But they have likely slipped into people’s pockets since and have been bought and sold too.
Now one of these coins has been spotted on eBay selling for £205, many times its face value and original price.
Though there’s no way to be 100% sure that the coin actually changed hands for this amount, the seller has positive reviews and a long-standing history on the platform.
Previously the coin has been estimated to be worth £100 and it has previously sold for £148 on eBay.
The value of a coin can depend on how much someone is willing to pay for it – for instance a collector may be willing to pay more if it completes a collection.
The latest sale did not include packaging and any coin in the original wrapping tends to sell for more than those without.
The 2011 version is valued at just £1.73 according to Coinhunter.
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