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Glasgow Live
Glasgow Live
National
Sophie Buchan

Glaswegians urged to check for new King Charles III 50p that could be worth a fortune

A coin expert has told Glaswegians to keep an eye out for a new Royal coin now in circulation as it could be worth a fortune.

Rachel Hooper, Product Group Manager for Change Checker, has been working in the industry for five years and specialises n UK new issue coins, championing the hobby of change collecting.

Speaking to Glasgow Live, she said that it's worth starting your collection now with the new monarch recently taking up the position of head of the Royal Family.

The King Charles III coins could be worth a fortune. (Change Checker)

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Following the death of Queen Elizabeth II, her son, King Charles the third, became King with Camilla becoming Queen. And at the end of last year, new coins were released with the new monarch's face.

Following the release, Rachel explains that now is the time to start collecting the new Royal coins.

She said: "I think at the moment I would always be talking to collectors about the fact we have the new monarch changeovers.

"We've got the new King Charles the third 50p's which entered circulation in December and although quite a large number eventually will enter circulation around the nine million mark, the fact that this is a Numismatic first I think it's going to be incredibly sought after - particularly in years to come so now is the time to start your King Charles collection.

"Make sure you've got the very first one and then be looking out for the others and build up a complete collection as you go."

According to the Change Checker website, an estimated 4.9 million 50ps entered circulation bearing the first portrait of King Charles III on December 8 2022.

Saying more could soon enter circulation, the experts add that more will be produced only if there is "demand, or if previous Queen Elizabeth II coins become damaged or worn and need replacing."

You can see the full King Chares II collection of coins through the Change Checker website.

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