It was May 2019 when the Royal Mint issued a special Sherlock Holmes 50p. The purpose was to celebrate the 160th anniversary of the author Sir Arthur Conan Doyal’s birth. He was an established British writer who created the character Sherlock Holmes in 1887. The character of Sherlock Holmes has inspired many films, radio plays, Television series, and video games.
The Royal Mint produces coins for the United Kingdom because it is a government-owned mint. The Mint, which is traded under the official name of the Royal Mint, is a limited company wholly owned by Her Majesty’s Treasury.
It has an exclusive contract to supply all the coins of the country. It is entrusted with the development of currencies in more than 60 countries around the world, making it one of the world’s leading export mint. Founded over 1,100 years ago, the mint was historically part of a series that became centralized mint to produce coins for the Kingdom of England. Discover an extraordinary range of gold, silver, commemorative and collectible coins and medals from the Royal Mint.
Stephen Raw designed the Sherlock Holmes 50p coins. It features the profile of the fictional detective who is smoking a pipe and wearing his iconic deerstalker. It also has tiny inscriptions of titles of the books in the Sherlock Holmes series.
We are here to talk about the worth or value of the Sherlock Holmes 50p coin. These coins can be precious so let’s discover the facts and evaluate them to find out their worth. , So after reading this blog hopefully readers will be able to understand how much is the Sherlock Holmes 50p worth.
Why Sherlock Holmes 50p Coins were Made?
Sherlock Holmes is one of the most famous detective fictional characters that have been created. In 1892 it was written by the author Sir Arthur Conan Doyle. The detective character is known to everyone not only in the United Kingdom but also in other countries. The character was represented by many of Hollywood’s biggest names in TV series and films.
Nothing could be better than making the author’s iconic character a part of British coin history to celebrate his 160th birthday. The author’s work still continues to inspire many other authors in today’s world. The coin has been created to recall the memory of the author and his fictional character.
How many Sherlock Holmes 50p Coins were minted?
It has been confirmed that 8,602,000 Sherlock Holmes 50p coins were produced. Initially, it was estimated around 2 million coins. Some report shows that around 3,000,000 50p coins are circulating. However, still, there is confusion in knowing the exact figure. So make sure you know the number of coins that have been minted before making a purchase.
Though these coins are considered to be the rarest 50p Sherlock Holmes coins of this time. People are selling on eBay and getting good prices in return. Do check the Sherlock Holmes 50p value of 2021.
Design of Sherlock Holmes 50p Coin?
A silhouette of Holmes wearing his infamous deerstalker is featured on the reverse design of the Sherlock Holmes 50p coins. It can be seen at the center of the coins. It has been observed that in the design the silhouette has a pipe in his mouth. Some of the famous titles of the Sherlock Holmes are also featured on coins that surround the image of the silhouette. The design of the Sherlock Holmes 50p coins is created by the artist Stephen Raw.
How rare is The Sherlock Holmes 50p Coins?
In reality, the Sherlock Holmes 50p coins are not that rare. It is because at the moment there are 8,602,000 Sherlock Holmes 50p coins that are circulating. So millions of these 50p coins are available to the buyers and circulating. Though it has a scope scarcity because the 50p coins are not getting produced anymore.
The scarcity index shows the metric which helps to know how hard they are to find. It also helps to understand the demand for the Sherlock Holmes 50p coins. If the coins are scarce then these coins are valuable. On the other hand, if the coins are very common and easy to find, then the value of such coins will drop. After assessing and evaluating, it is said that the Sherlock Holmes 50p coins are not that rare these days. Do check the Sherlock Holmes 50p value of 2021.
What is The Worth of The Sherlock Holmes 50p Coins?
The resale value of Sherlock Holmes 50p coins is not enough anymore because of not so rare. On eBay, one circulated copy of the coin has been sold only at 1.85 British pounds which is considered to be the highest at the moment.
However, all of these hidden costs should also be considered when buying and selling on eBay. Therefore, if you add up the seller’s fees and shipping charges, you can only get up to 50p back from the sale, to name a few.
There was a huge demand for Sherlock Holmes 50p coins a few years back when it was first released. In 2019, one sold for 500 British pounds. Experts have discovered that the valuation reached ten times more than its face value at that time. Do check the Sherlock Holmes 50p value of 2021.
Though it is important to consider that the Sherlock Holmes 50p coins are now directly unavailable from the Royal Mint. Due to this, numerous collectors are turning to the internet to buy these coins privately. So people who are selling this way may charge higher than the actual price of each coin.
It is said that currently, the Sherlock Holmes 50p coins are getting traded at around 4 British pounds. So, the valuation can go up or down in the near future depending on the demand and supply. Make sure to keep an eye on the changes in the valuation.
It is important to consider that the Sherlock Holmes 50p coins commemorate an icon in British literature and one of the most popular fictional detective characters in history. If you find one coin in circulation then it is worth keeping it to yourself.
It is worth having this coin because there is no more supply and the demand may rise in the near future. As a result, the valuation may increase and it can be a great asset. Do check the Sherlock Holmes 50p value of 2021. So, from this blog, you could understand how much is the Sherlock Holmes 50p worth.
You May Like Also: