The Royal Mint has confirmed that the highly-collectable Kew Gardens 50p coin is no longer the rarest in circulation - as a new coin featuring the Atlantic Salmon and bearing the King's portrait has taken the title.

The Royal Mint has revealed that the Atlantic Salmon 50p coin is now the rarest in circulation, dethroning the Kew Gardens 50p coin for the first time in 15 years.

Only 200,000 of the Atlantic Salmon 50ps have been released to UK banks and post offices, which is 10,000 less than the 2009 Kew Gardens coin.

The announcement comes as the Royal Mint published its 2023 mintage figures for UK coins in circulation.

Last year marked the final chapter of Charles' transition onto UK coins, with coins commemorating the coronation and new designs across all denominations from the 1p to ￡2.

Each design emphasises Charles' "passion for conservation and the natural world", featuring wildlife such as the hazel dormouse and bees, the Royal Mint said.

The 50p, described by the Royal Mint as "the nation's most collectable coin", has seen over 100 different designs appear on its reverse since its introduction.

Six out of the ten of the rarest 50ps in circulation are related to the 2012 London Olympic and Paralympic Games, with Peter Rabbit and Flopsy Bunny coins from 2018 also making the list.

Rebecca Morgan, director of commemorative coin at the Royal Mint, said: "The releasing of mintage figures is an eagerly anticipated event among the coin collecting community and this year is particularly exciting as we reveal the Atlantic Salmon as the rarest 50p in circulation.

"For the first time in 15 years, the highly collectable Kew Gardens 50p loses its top spot as the rarest in circulation with the Atlantic Salmon 50p splashing its way to number one.

"2023 marked pivotal changes for the nation's coinage, including the introduction of coins celebrating King Charles III's coronation entering circulation.

"Finding these special designs, like the Atlantic Salmon, in your change is a win for all collectors."

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