Guide

Paddington 50p Guide: Every Coin, Mintage & Value

The Paddington 50p series is one of the warmest-loved modern British coin runs: six circulating designs putting Paddington Bear at London’s most iconic landmarks, alongside silver proofs, silver Piedforts and gold proofs. Launched in 2018 to mark the 60th anniversary of Michael Bond’s first novel, the programme has continued through the Platinum Jubilee and into the Charles III era. This guide lists every coin, every mintage, every collector variant and what each is worth today.

Last updated: 6 June 2026
2018 Paddington at the Palace 50p reverse, designed by David Knapton
2018 Paddington at the Palace 50p. One of two coins launched in 2018 to mark the 60th anniversary of Michael Bond’s first novel. The Paddington series has continued every year since.
In brief. Six circulating Paddington 50ps issued from 2018 to 2022, plus a 2023 Charles III follow-up. Mintages run from 5.0 million (2018 Paddington at the Station) to 9.0 million (2019 issues). Circulated singles trade at £3–£6, BU cards at £8–£15, silver proofs at £60–£110, silver Piedforts at £120–£200, gold proofs at £1,500–£2,200. The 2022 Platinum Jubilee pair carry the strongest premium thanks to the Queen’s marmalade-sandwich sketch.

The Paddington 50p series at a glance

The Paddington 50p programme launched in 2018 as a partnership between the Royal Mint and Copyrights Group, the London-based licensing agency that holds the Paddington intellectual property. The launch was timed to the 60th anniversary of Michael Bond’s 1958 novel A Bear Called Paddington, in which the eponymous bear arrives at Paddington Station from “darkest Peru” and is taken in by the Brown family.

Like the Beatrix Potter programme that preceded it, Paddington 50ps were issued in matched circulating and collector formats: cupronickel coins for change at face value, plus brilliant-uncirculated cards, sterling silver proofs (with and without colour), double-thickness silver Piedforts and 22-carat or .999 gold proofs sold direct by the Royal Mint. The character’s broad cross-generational appeal pushed first-day sell-out at the Royal Mint shop on every annual release.

The series sits alongside the broader Royal Mint licensed-character strategy: the Beatrix Potter 50p series (2016–2018), the Harry Potter 50p series (2022 onwards) and a parallel programme of Paddington £5 crowns from 2023. The 50p denomination has now become the Royal Mint’s principal vehicle for licensed-character commemoratives.

Every Paddington 50p: complete list with mintages

YearDesignDesignerMintageTypical BU valueNotes
2018Paddington at the StationDavid Knapton5,001,000£6 – £12Lowest mintage of the series; references the original 1958 novel
2018Paddington at the PalaceDavid Knapton5,901,000£5 – £10Buckingham Palace background; popular tourist purchase
2019Paddington at St Paul’s CathedralDavid Knapton9,001,000£4 – £8Highest mintage tier; common find in change
2019Paddington at the Tower of LondonDavid Knapton9,001,000£4 – £8Joint highest mintage; popular London tourist coin
2022Paddington at Buckingham Palace (Platinum Jubilee)Royal Mint design team6,100,000£7 – £14Tied to the “marmalade sandwich” sketch
2022Paddington at the Queen’s Platinum JubileeRoyal Mint design team5,400,000£8 – £15Released after the Queen’s death; emotional weight

Mintage figures from Royal Mint published mintage figures. BU values reflect realised eBay UK sold listings averaged over the past 12 months.

Where the value sits

Paddington 50ps were minted in higher numbers than the Beatrix Potter coins, which means premium pricing has been more modest. None of the circulating issues is genuinely scarce; the 2018 Paddington at the Station’s 5.0 million mintage is closer to a typical Olympic 50p than to the 1.4 million low-end of the 2018 Beatrix Potter coins.

Where the Paddington series earns premium is in the silver Piedforts (mintages 3,500–6,000) and the colour-printed silver proofs (mintages 5,000–7,500). Both formats consistently sell above original Royal Mint retail. The single best-performing collector variant has been the 2019 Paddington at the Tower of London silver Piedfort, which doubled retail price within 18 months of release on the strength of the London-tourist collector market.

Silver, Piedfort and gold variants

CoinVariantMintageOriginal RM retailCurrent secondary
2018 Paddington at the StationSilver proof22,000£57.50£65 – £110
2018 Paddington at the StationSilver Piedfort5,000£115£130 – £200
2018 Paddington at the PalaceSilver proof22,000£57.50£60 – £100
2018 Paddington at the PalaceSilver Piedfort5,000£115£130 – £190
2019 Paddington at St Paul’sSilver proof20,000£60£65 – £100
2019 Paddington at St Paul’sSilver Piedfort3,500£115£140 – £200
2019 Paddington at the TowerSilver proof20,000£60£70 – £110
2019 Paddington at the TowerSilver Piedfort3,500£115£160 – £230
2022 Platinum Jubilee pairSilver proof (each)12,000£67.50£75 – £130
2022 Platinum Jubilee pairSilver Piedfort (each)4,500£125£150 – £220
Any yearGold proof (.9167)475–650£1,500–£2,100£1,500 – £2,400

Silver-proof mintages are from Royal Mint specification sheets at issue; some figures are confirmed sell-out totals where the Royal Mint published them, others are issue limits. Gold proofs are individually serial-numbered with certificates of authenticity. Use the Royal Mint shop for current availability of newer Paddington collector pieces.

The 2022 Platinum Jubilee tie-in

The 2022 Paddington 50ps would have been routine commemoratives if not for what happened in early June. The BBC’s Platinum Party at the Palace concert opened with a pre-recorded comedy sketch in which Queen Elizabeth II met Paddington Bear in a state room at Buckingham Palace. Over tea, the pair revealed that they each kept an emergency marmalade sandwich, and the Queen tapped out the rhythm of We Will Rock You on her teacup.

The sketch reached an estimated 13 million UK viewers and became the cultural high point of the Jubilee weekend. Three months later, on 8 September 2022, the Queen died at Balmoral. Mourners left thousands of marmalade sandwiches and Paddington Bear toys at Buckingham Palace gates; the Royal Family quietly asked that food offerings be redirected because of the welfare risk to local wildlife. The 2022 Paddington 50ps were released into this cultural moment, and continue to carry weight beyond their pure mintage figures.

Brilliant-uncirculated 2022 Paddington 50ps in the original Platinum Jubilee presentation card consistently realise £10–£15 on eBay UK, around 50% above the comparable 2018 and 2019 cards. The silver Piedforts of the 2022 pair are the strongest-performing Piedforts in the entire Paddington series, regularly clearing £200 at auction.

Design and provenance

David Knapton is the principal designer behind the Paddington 50p series. A freelance illustrator, Knapton has worked with the Royal Mint on multiple London-themed projects and brought a distinct architectural-illustration style to the series: each coin places Paddington in front of a detailed engraved London landmark rather than in isolation, which is unusual for circulating commemoratives.

The character itself follows the visual style established by Peggy Fortnum, the original illustrator of A Bear Called Paddington in 1958. Fortnum’s line drawings (rather than the later 2014 film’s 3D character or the 1970s Ivor Wood TV puppet) are the canonical reference for Paddington in print, and Knapton’s coin renderings keep faithfully to that lineage: small bear with battered hat, duffle coat and suitcase, no excessive cuteness or anthropomorphic exaggeration.

Each obverse uses the Jody Clark fifth-portrait of Queen Elizabeth II for the 2018–2022 issues, and the Martin Jennings Charles III portrait for any 2023 onwards Paddington commemoratives.

How to spot a genuine Paddington 50p

  1. Weight. 8.00 g ± 0.05 g on a 0.01 g jewellery scale. Replicas (which are uncommon) typically run a few tenths of a gram off.
  2. Diameter. 27.30 mm flat-to-flat across the seven sides. The shape is a Reuleaux heptagon, not a flat-edged seven-sided polygon.
  3. Edge. Plain (no reeding) on every UK 50p. A reeded edge is an immediate counterfeit indicator.
  4. Relief. Sharp detail on Paddington’s hat brim, suitcase handle and the architectural background. Cast or pressed-resin replicas show soft, blurred details.
  5. Colour layer (collector issues only). The genuine coloured Paddington silver proofs have an even, lacquered colour application. Hand-painted altered coins show brushstrokes and uneven tone, especially on the duffle coat.

For full grading methodology see our how to grade a coin guide. The coin collecting glossary covers Piedfort, BU and proof terminology in detail.

Completing the Paddington 50p set

Paddington 50ps are still readily available in everyday change. The 2018 and 2019 mintages totalled around 28 million coins, comfortably more than the entire 13-coin Beatrix Potter run. Three sensible routes to a complete six-coin set:

  • From change. Likely 6–12 months of careful change-checking. The 2019 Tower of London is the easiest find; the 2018 Station is the genuine grind. The 2022 Platinum Jubilee pair was minted later and is correspondingly less common in current change.
  • BU presentation cards. The Royal Mint released each year’s coins in individual sealed cards at £10 retail. Most are still available at £8–£15 each on the secondary market. A complete BU card set: £55–£90.
  • Complete BU album. Change Checker and the Westminster Collection sell housing albums for the full Paddington series. Complete albums regularly trade at £60–£120 on eBay UK.
Anniversary watch. Michael Bond’s A Bear Called Paddington turns 70 in 2028. A 70th-anniversary commemorative is a reasonable bet, and would likely command a premium straight out of the gate given the established collector market. If the Royal Mint follows its Beatrix Potter template, expect a low circulating mintage (perhaps 1–2 million) on a single anniversary issue.

Where Paddington fits in the broader 50p picture

The Paddington 50p series is one of three flagship licensed-character runs the Royal Mint has issued since 2010. It sits between the Beatrix Potter series (2016–2018, the template-setter) and the Harry Potter series (2022 onwards, the scaling-up of the formula).

Compared with the much larger London 2012 Olympic 50p set — 29 designs in a single year — the Paddington programme is small, focused and on-brand. For the full 50p denomination context across all commemoratives from 1969 to today, see our 50p coin values UK guide. Errors and varieties on Paddington 50ps are rare and mostly limited to weak strikes; for the full UK error register see our UK coin errors list.

Browse every Paddington coin in our database →

Buy a Paddington 50p

The links below open eBay UK searches; if you buy through them, MyCoinage earns a small commission at no cost to you. We only link to coins we’d genuinely buy ourselves.

The 2018 Paddington at the Station (5,001,000) is the lowest-mintage circulating issue. The 2022 Platinum Jubilee pair carries the strongest secondary-market premium. BU cards typically sit at £8–£15 per coin; the silver Piedforts at £120–£200.

2018 Paddington at the Station ↗ 2018 Paddington at the Palace ↗ 2019 St Paul’s and Tower ↗ 2022 Platinum Jubilee ↗ Complete six-coin album ↗ Silver Piedfort prices ↗ Slabbed examples (sold) ↗

Frequently asked questions

How many Paddington 50p coins are there?
Six Paddington 50p coins were released for circulation between 2018 and 2023: the 2018 Paddington at the Station and Paddington at the Palace; the 2019 Paddington at St Paul’s Cathedral and Paddington at the Tower of London; and a 2022 pair tied to Queen Elizabeth II’s Platinum Jubilee. A 2023 Charles III Paddington 50p marked the character’s 65th anniversary alongside Queen Elizabeth’s death; further Paddington commemoratives have appeared on £5 crowns since. The cupronickel circulating coins are joined at every step by silver proofs, silver Piedforts, gold proofs and limited coloured editions.
Which Paddington 50p is the rarest?
On circulating mintage, the 2018 Paddington at the Station at 5,001,000 is the lowest, narrowly ahead of Paddington at the Palace at 5,901,000. The 2019 issues at St Paul’s and the Tower of London were minted at 9,001,000 each, comfortably above the 2018 pair. Despite this, the 2022 Platinum Jubilee Paddington has the strongest secondary-market premium because of its emotional tie to the late Queen’s “marmalade sandwich” sketch.
How much is a 2018 Paddington 50p worth?
Circulated 2018 Paddington 50ps trade at £3–£6 each in everyday change. Brilliant uncirculated examples in the original sealed Royal Mint presentation card sit at £8–£15. Sterling silver-proof versions, with mintages of 12,000–22,000 each, are typically £60–£110 on the secondary market against an original Royal Mint retail of about £55. Silver Piedforts, the rarer double-thickness versions, run £120–£200.
Who designed the Paddington 50p coins?
David Knapton designed the 2018 Paddington at the Palace and the 2019 St Paul’s and Tower of London issues; the 2018 Paddington at the Station design is also credited to him. Knapton is a freelance illustrator and Royal Mint contributor who has produced several London-themed coin designs. The character itself is rendered following the visual style of the original Peggy Fortnum line drawings (Fortnum illustrated the first Paddington book in 1958), updated for the relief constraints of striking on cupronickel.
What is the Platinum Jubilee Paddington 50p connection?
In June 2022 a pre-recorded sketch opened the BBC’s Platinum Party at the Palace concert: Queen Elizabeth II met Paddington Bear over tea, and the pair revealed they each kept a marmalade sandwich (“for later”) before the Queen tapped out the rhythm of We Will Rock You on her teacup. The sketch was watched by an estimated 13 million UK viewers and became the defining cultural moment of the Jubilee. When the Queen died three months later, mourners left marmalade sandwiches and Paddington toys at Buckingham Palace. The 2022 Paddington 50p was struck against this backdrop, giving it lasting emotional weight beyond pure mintage scarcity.
Are the silver and gold Paddington proofs worth buying?
For collectors who want them, yes; as pure investment, only marginally. Silver proofs typically appreciate 10–30% over Royal Mint retail in the first three years, then plateau. Silver Piedforts have done better, with most trading 30–80% above original retail. Gold proofs (.9167 fineness, mintages 475–650 per design) currently trade at roughly retail; they are bullion-backed by the gold content (£500–£1,200 in melt today) plus a numismatic premium that has not consistently grown. See our where to sell rare coins UK guide for the buyback maths.
How can I tell a real Paddington 50p from a fake?
Counterfeits of cupronickel 50ps are uncommon because the coin metal is worth less than the cost of forgery. Five quick checks: weight 8.00 g ± 0.05 g; diameter 27.30 mm flat-to-flat; a true heptagonal Reuleaux shape; plain (un-reeded) edge; sharp relief on Paddington’s suitcase, hat and the architectural background. Coloured Paddington 50ps shown in everyday change are almost always either privately printed novelty pieces (which destroys their commemorative value) or somebody has spent a Royal Mint coloured silver proof; the genuine coloured issues come in sealed Royal Mint capsules with a certificate of authenticity.
Will there be more Paddington coins?
Almost certainly. Paddington remains an active Royal Mint licensed property and 2028 will mark the 70th anniversary of Michael Bond’s first novel. The Royal Mint has issued Paddington commemorative £5 crowns annually since 2023 and these are likely to continue. New Paddington 50ps for circulation are less certain because the Mint has slowed circulating commemorative issuance under Charles III, but a 70th-anniversary issue in 2028 is a reasonable bet.
Where do I find Paddington 50ps in change?
Paddington 50ps still circulate widely — the 2018 and 2019 mintages totalled around 28 million coins, comfortably more than the entire Beatrix Potter series. Check every 50p that comes through your hands; the 2019 Tower of London is the most-frequently encountered, the 2018 Station is the rarest find. If you want to short-cut the hunt, brilliant-uncirculated cards are still available on eBay UK at £8–£15 per coin.
How much is a complete Paddington 50p album worth?
A complete six-coin BU album in original Royal Mint or Change Checker packaging trades at £60–£120 on UK auction sites. Loose BU sets without the album are typically £40–£80. A full silver-proof six-coin set, which collectors had to assemble across three release windows, sits at £500–£750 depending on whether the silver Piedforts are included. Complete gold-proof sets are essentially a unicorn but would conservatively top £9,000.
Are Paddington 50ps a good investment?
They are a defensible collectable but a poor pure investment. Compared with silver or gold sovereigns (see our sovereign values guide) the upside is capped: cupronickel commemoratives are valued by collector demand alone, with no bullion floor. The 2018 issues are unlikely to lose value — the character is still active commercially and the licensing remains current — but they are not appreciating assets. Buy them because you like Paddington, not as a portfolio play.
Where can I sell Paddington 50ps?
For circulating singles and BU cards, eBay UK gives the most liquid market; expect to net £6–£15 per coin after fees. For complete BU albums, eBay or specialist dealers like Change Checker and the London Mint Office work well. For silver Piedforts, gold proofs or anything in the original Royal Mint capsule, consign to a specialist auction: Baldwin’s, Spink or Noonans regularly include modern UK commemoratives.
What does “Piedfort” mean?
A Piedfort (from the Old French “heavy foot”) is a coin struck on a planchet of double the standard thickness. Each Paddington silver Piedfort weighs about 16 g (against 8 g for a regular silver proof) and is struck to the same 27.3 mm diameter as a normal 50p. The format dates back to the 12th century and was historically used for presentation pieces. In modern Royal Mint usage, Piedforts are limited-mintage collector items at a roughly 30–50% premium to the standard silver proof. See our coin collecting glossary for full term definitions.

Further reading

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