But the rarest and precious 50p coins that would make you money -the UK’s youngest coin collector story like this,
But already, at age 11 years, Dylan was making his stamp in the coining world: he has acquired over 1,000 very rare and high-value coins which have earned for him the special “Junior Collector of the Year” award presented by Change Checker. Let us know how all this started from Dylan, then what are among his favorite coins, and perhaps some tips and tricks on picking out rare and valuable coins, as well as notes.
Coin Collecting Life of Dylan
From very young age, Dylan has possessed the recognition ability of a coin. He recognized a £2 Brunel Portrait coin, valued at £30, when he was 5 years old. Now, Dylan has been bestowed with the rarest coin from the UK-2023 Atlantic Salmon 50p coin – on his birthday.
Some more important coins that he owns
2023 Atlantic Salmon 50p:
This is now the UK’s rarest 50p coin, selling for up to £50 on the internet.
Error coins: Dylan discovered an extremely rare “cudgel metal” 2p coin, made because of a minting mistake during change times. Error coins due to mistakes when making coins are very valuable.
Dylan’s journeys and his passion for coin collecting have not only made him wealthy but also have given him a new identity in the wonderful world of coins.
Dylan’s coin collecting has brought him not only prosperity but also recognition in the coin collecting world. He boasts a wonderful collection of rare coins, although he does not sell most of his coins.
The biggest selling experience he has so far is the selling of two London 2012 Olympic ‘Wrestling’ coins for £8. He bought these coins for just £1.
Dylan’s Coin Finding Tips
Dylan’s ways to pick rare coins when on a small budget are multiple:
- Change in a bank
- Dylan continually changes 50p and £2 coins with banks. For free, and you can blow the coins or spend them all if you cannot keep them up.
- Visit some thrift stores second-hand shops
- Thrift Stores are like money boxes where these rare coins abound, at ridiculously low prices
- Dylan uses eBay to find rare coins, but he advises you to check the “sold listings” section to know the true market value of the coin rather than relying on listing prices.
Recognize error coins
Some of the rarest coins include the ‘cud metal’ 2p coin found by Dylan, among others. This occurs when part of the die breaks off, thus creating a blemish on the coin. Other coins include the ones found by Dylan with the awards:
Dylan was voted “Junior Change Checker of the Year” in December, an award given for his contributions to the coin collecting community. The prize awarded was a trophy, bag of goodies, and a subscription to Coin Collector Magazine.
His success has led him to start a YouTube channel called Dylan Collects Coins, where he shares his knowledge and enthusiasm for coin collecting. Inspired by YouTube star Christopher Collects, Dylan aims to help others experience the joy of coin collecting.
Diversity in Dylan’s collecting
Dylan collects coins, but he also likes stamps and Beano comics. His biggest sale was a Night Rider magazine that he sold on eBay for £40. Not surprisingly, he invested the money from this sale back into his coin collection.
How to identify rare coins and notes
To identify rare coins:
- Check the scarcity index: Tools such as Change Checker’s Scarcity Index can help you accurately estimate the rarity of coins.
- Check sales on eBay: View the list of sold coins so you can find out the true value of the coins, not just the listing prices.
- Rare notes often have unique serial numbers. To identify these:
- Historical context: An example is that a £10 note with the serial number featuring Jane Austen’s birth year sold at an auction for £3,600.
- Unusual serial numbers: Notes with special or serial numbers are collected.
You can look up the price of your notes on eBay. You can discover the actual price by using the “completed and sold items” filter.
Dylan’s story is so interesting; even a hobby can turn into passion for something. Whether you exchange coins at the bank or find treasure in thrift shops or discover eBay listings, you can start building your own coin collection. Always remember that research and patience are the most essential components when it comes to identifying and assessing the worth of rare coins and notes.
FAQS:
How does Dylan find rare coins on a budget?
Dylan changes coins from banks, looks around thrift stores and finds rare coins online on eBay. He also keeps checking coins with errors in his change.
How can I check the value of rare coins and notes?
Use the ‘sold listings’ filter on eBay so you can see the value of coins that have recently sold. For coins use tools such as Change Checker’s Scarcity Index.