eBay: 50p coin sold for £500 – do you have one of the rare Isle of Man coins?

A rare 50p coin sold on eBay earlier this month for £500.

The Isle of Man 50p is somewhat of a mystery, as the coin is not listed on Royal Mint’s site and there are no details of the coin’s circulation.

However, Nantwich Collectibles sold one of the unique coins on January 3 for £510, with fourteen bids being made on the item.

The coin shows on its face two motorcyclists racing, surrounded by a wreath – but why?

The coin is partially so mysterious because coins in the Isle of Man were not created by Royal Mint until last year.

The tender was instead created by a firm called Pobjoy.

Lee Boyce from This Is Money revealed in the Mail Online that the firm told him: “Unfortunately, we do not share mintage figures on our commemorative coins, let alone our circulating coins.

“Our circulating coins depend on how many the Government demand, in which case the issue limit is unlimited.”

However, it is still proving popular with collectors, as this month’s sale proves. 

Another rare coin has sold on eBay recently for £479 plus £12.95 postage and packaging.

The coin was purchased on January 11, 2017, from a seller in Ashford, UK.

The 2015 trial coins were created to test the 12 sided design for the new £1 coin. 

A rare Beatrix Potter 50p coin is selling for £100 on the site. 

The Beatrix Potter coins were created last year to celebrate the 150th anniversary of the author’s birth.

Known for the beloved characters of Peter Rabbit, the coin shows the famous character on the front in silver whilst clutching his chest in the headshot.

On the other side is the Queen, created by Royal Mint Engraver Jody Clark and was introduced in 2015.