Charles and Diana wedding coin listed for £10,000 but there’s 1 catch

A commemorative coin minted to celebrate the marriage of Prince Charles and Princess Diana is currently being advertised for £10,000 online.

The Royal Mint created this historic piece valued at 25p to honour their wedding in 1981, though no face value was actually engraved on the coin itself.

It marked the first occasion that three individuals were depicted on a British coin, with the reverse side displaying overlapping profiles of the Royal pair.

However, one rare coin collector has issued an alert after spotting the item being sold for the staggering sum of £10,000.

Writing on Instagram, the expert, recognised as @CoinCollectingWizard, informed his 36,500 followers: “I came across this news article regarding the coin being worth £10,000 and I could not believe it.”

Examining the coin, the specialist explained why it cannot possibly command such a price, considering its production numbers.

He added: “The 1981 Charles and Diana coin was made to celebrate the now-King Charles and Diana’s wedding and guess what they made millions of them, literally millions.

“That means almost everyone’s nan has one in her drawer somewhere, it’s a commemorative crown, a large 25p coin even though it’s bigger than a modern 50p, it’s officially worth 25p.

“It’s made of cupro-nickel alloy, which is 75% copper and 25% nickel, so its metal values is basically just pennies. Some were sold in presentation cases, blue boxes and red wallets, but even those are very common.”

He insisted “absolutely none” are worth £10,000 unless there is some error, but in this instance these would have to be authenticated.

Offering guidance, he concluded: “If you ever see a coin listed for thousands on eBay, make sure you check the sold listings, not the asking prices.”

Prior to £5 coins, significant Royal occasions and national milestones were commemorated by The Royal Mint with crown coins minted to the identical specification as today’s £5 coins.

Meanwhile, this historic UK coin was one of just four decimal crown coins ever to be minted.

It was released in 1981, the year the then-Prince Charles and Princess Diana wed.

The pair celebrated their nuptials on July 29 when 20-year-old Diana Spencer became Princess of Wales after saying their vows at St Paul’s Cathedral in London.

How to determine if your rare coin is worth a fortune:

• Look at the mintage: Often coins which were produced with fewer in circulation tend to be more desirable to collectors, for example the Kew Gardens has just 210,000 out there.
• Check the condition: Like anything that’s worth a lot of money, your rare coin must be in excellent condition. Higher grades tend to be more valuable.
• Spot any errors: Misprints are rare and sought-after, so check for little details like the coin’s date, the mint mark or metal content which could all be wrong.
• Historical significance: Make sure you compare it to sold listings on auctions sites to work out its market value.