A ‘VERY rare’ 50p coin with King Charles III’s face on it is for sale for a huge profit on eBay.

The coin is listed on the online marketplace by a seller based in Warrington for a whopping £1,500.

This means it is up for 3,000 times its face value of 50p.

The coin was issued in 2022 and is described by the seller as ‘very rare’ and as being in ‘fantastic condition’.

You can view the listing here.

A quick glance on eBay reveals sellers in Warrington are selling the same coin for varying prices, with some listed for £4.99, some for £250, and some for £1,000.

Talking about this coin, the Royal Mint website reads: “Struck to commemorate the passing of Queen Elizabeth II, the Memorial Proof Sovereign 2022 is the first Sovereign to bear the official coinage portrait of King Charles III and charts his transition from the longest-serving heir apparent in British history to monarch.

“This is now a Royal Mint sell out individually, so this set is the only way you can purchase this coin through the official home of UK coins.”

The referred to set is priced at £1,895 for three coins on the Royal Mint website.