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London 2012: Olympic 50p coins 'kept as souvenirs'

The coins feature all Olympic and Paralympic sports and are produced by the Royal Mint in Llantrisant.

More London Olympics 50p coins are being hoarded by the public than any other commemorative coin circulated since decimalisation, says the Royal Mint.

The coins, produced in Llantrisant, feature Olympic and Paralympic sports.

Philip Mussell, director of Coin News magazine, said it was very unlikely the coins would be worth anything more than 50p after the Olympics.

"People are simply keeping them because they're nice things to keep," he said.

"After the Olympic Games are all over, are there going to be 800,000 people who want these things? I doubt it."

BBC:
http://www.bbc.co.uk/news/uk-wales-18742784

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Comments

  • MacCrimmonMacCrimmon Posts: 7,058 ✭✭✭
  • RobPRobP Posts: 483 ✭✭
    Having a sub-set within the collection of an example of each attributed designer's handiwork, these are a pain the a**e. From Filip Aimer of Tours who did the Henry II short cross coinage through to Anthony Foley who designed the last piece before decimalisation, there were about 80 attributed designers in just under 800 years including those who are restricted to patterns. Since the initial decimal coins of 1968 there have been roughly the same number of designers, i.e. in just over 40 years. The Olympic 50p series introduced the work of a further 26 names. As there are only 29 coins in the series it was easier to get the lot, but it doesn't inspire the collector in me. The Royal Mint's output is diarrhoeic and from a collecting point of view not very welcome. I've got the set, but suspect I am unlikely to look at them in a hurry.
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