MAN SEARCHES BANK COINS, SELLS FINDS ON EBAY

A COIN collector and eBay seller has made a mint flogging everyday coins – and there’s a simple way he’s able to find the rare coins that are worth a pretty penny.

David Allwright has sold a £2 coin for £700, and 445 50p coins for just under a grand – an average of £2 each.

Canny David drops into his local bank branch and takes out thousands of pounds worth of coins to sift through at home, in the hope of finding the designs that are rare and worth a lot of money.

He has withdrawn £2,000 worth of 50p coins to see if any have a valuable design.

While it’s unusual for him to be handed an extremely rare coin, such as the Kew Gardens 50p, it has happened.

He sold the 2009 Kew Gardens 50p coins – the rarest 50p coins in circulation, with a mintage figure (the number of coins released into circulation) of just 210,000 – for £16 each, just after they were issued.

Had he held on to them for longer, he’d have made far more – with many Kew Gardens 50p coins selling for up to £100 today.

David says that he has never been given a Suffragettes 50p, or any of the Beatrix Potter designs, which “are practically non existent because everyone is snapping them up,” he says.

To read the complete articles, see:
MADE A MINT Ebayer sells £2 coin for £700 – and here’s the ingenious way that could help you cash in (www.thesun.co.uk/money/3332403/ebayer-sells-2-coin-for-700-and-heres-the-ingenious-way-you-can-cash-in-too/)
Coining it in! How YOU could turn everyday money into a fortune - by the eBayer who sold a £2 piece for £700 (www.dailymail.co.uk/news/article-4412670/Coin-collector-makes-thousands-how.html)

Wayne Homren, Editor

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