2011 50 pence swimmer coin – the rarest 50 pence coin, since 1969
- May 12, 2019
We are back to the year 2011, the Royal Mint struck an early version of 50 pence swimmer coin that will become the “must have” in 50 pence coins collecting, because it became the rarest 50 pence coin, since 1969.
Royal Mint strike law face value commemorative coins
In October 1969 the 50 pence coin joined the 5p (shilling) and 10p (florin) coins in circulation, leaving only the three copper coins – to be introduced on 15 February 1971 – to complete the new series of decimal coins. The design on the reverse of the 50 pence coin features a symbol of Britannia that has appeared on UK coinage since 1672. While this design may have been traditional, the shape of the new 50p coin, an equilateral curve heptagon, was revolutionary at time. This made it easily distinguishable from round coins, both by feel and by sight, while its constant breadth allowed it to roll in vending machines.
The 50p is legal tender for amounts up to £10.
With the introduction of smaller 5p and 10p coins in 1990 and 1992 respectively, the 50p became the largest coin in circulation. In October 1994 the Government announced a further review of the United Kingdom coinage. The results revealed a requirement for a smaller 50 pence coin, which was duly introduced on 1 September 1997.
Since its issue the 50p has been used on several occasions to celebrate important events, each being commemorated by a new reverse design, from United Kingdom’s accession to the European Economic Community in 1973 to physicist Stephen HAWKING in 2019.
London 2012 Sports Collection (olympics collection):
The Royal Mint was the official licensee for the manufacture of coins for the London 2012 Olympic and Paralympic Games. The popular London 2012 sports collection of 50p coins was part of licencee’s products.
The Aquatics 50p was the first coin in the series of 29 coins and depicts a swimmer submerged in water, with the London 2012 logo above and the denomination, “50 PENCE”, below.
The common circulation version of 50p coin, without waterlines on swimmer face
The rarest 50p coin, with waterlines on swimmer’s face
Reverse Designer:Jonathan Olliffe
Obverse Designer: Ian Rank-Broadley
Reverse Legend: 50 PENCE
Obverse Legend: ELIZABETH • II • D • G / REG • F • D • 2011
Issued By: The Royal Mint
Alloy: 75% copper, 25% nickel
Diameter: 27.30 mm
Thickness: 1.78 mm
Weight: 8.0 g
Mintage; 600 coins (waterlines on swimmer’s face version)
The price indicated above is for a coin from general circulation, however the coins were also available from The Royal Mint website in a BU coin pack (number 1/29) and had an original price of £2.99.
The Aquatics 50p has a quite low mintage on 2,179,000 coins, for circulation.
The average price on coin market for an UNC coin is between £4 to £7 (between €4.63 to €8.10).
But, only 600 of the Aquatics 50 pence coins were issued with the water symbolized with horizontal lines covering the face of the swimmer, before it was changed to a version without water lines across the face.
What is worth of the early version of the coin (full waterlines version)?
Due to the very low mintage of the early versions, prices on coin market are quite impressive for such a coin.
We noticed two auctions price that put the price market of this coin to £800 plus (€925).
Results of 2019 London Coins’s Auction
An older sale on ebay, the coin stays very valuable through time!
This coin appear to be one of the masterpiece of post 1969 coins collectors, especially for monographic collectors that is to say people that only do collect modern 50p coins.
Sources: Royal Mint, London Coins and NUMISMAG.