Today, just over one million new 50p coins arrive in Post Offices across the country, kickstarting a race among numismatists to find one. It is the 50p that has a particularly special place in many collectors’ hearts, according to Rebecca Morgan, head of Collector Services at the Royal Mint. Knight Frank’s Wealth Report found that coin investing delivered an average 72pc return between 20. Its Collector Services section, which assists hobbyists and investors in identifying and locating rare coins, posted a 50pc increase in its operating profit to £2.4m in its last financial year. More people are turning to the Royal Mint, the UK’s official coin maker, to help them build their own private collections.
But some savers have found an alternative way of protecting their money: coin collecting. With inflation running high and interest rates hovering near historic lows, finding a safe place to preserve the value of your wealth is becoming increasingly difficult.
