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A RARE 50p has sold for £320 which is nearly 700 times its value.

The lucky seller sold the coin, which is one of the rarest in Britain, on eBay.

2016 Peter Rabbit 50p silver proof coin sold for £320.
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A Beatrix Potter coin made headlinesCredit: LoveMoney
50 pence coin depicting a swimmer.
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Several 2012 Olympics coins have gone viral after selling for huge amounts of moneyCredit: Supplied

The high-value coin is a 2016 Peter Rabbit 50p, which was released to celebrate Beatrix Potter’s classic stories.

Queen Elizabeth II is featured on its head-side, while the fictional mammal takes up the tail side.

However, the coin is particularly distinctive because Peter has been drawn in colour on the coin. 

The news comes after two 50p coins made headlines in 2023 when they were sold for £2,500. 

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The two coins were issued to mark the 2012 Olympic Games and depicted swimmers. 

However, their exceptional value came from the fact that lines were drawn over the swimmers faces.

It was hoped the lines would signify waves, but the design was later removed. 

The coins which actually entered circulation lacked this wave design. 

As these 50p coins were “Brilliant Uncirculated” coins, or coins that shouldn’t have been distributed, they were valued highly. 

The coins could have entered circulation after thieves broke them out of their packaging and spent them. 

Coin expert reveals the three errors to spot on £2 coins - and they could be worth £1,000-

However, experts have warned that mint coins fetch more money than ones that are scuffed or damaged. 

Any signs of wear and tear could significantly reduce the value of your coin, even if it’s a rare one

Some coins though are valuable because of their errors.

A £2 coin, nicknamed a "fried egg coin", can sell for £600 because of its bizarre design.

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