Posts Tagged ‘Change Checker’
2017 Change Checker Awards
We’re delighted to announce the 2017 Change Checker Awards in association with Stamp and Coin Mart where we’ll be celebrating the very best of the change collecting world.
We’re looking for the 2017 Change Checker of the Year and the 2017 Junior Change Checker of the year and we need your help!
Are you or do you know somebody that deserves to be crowned Change Checker of the year? If so, we’d love to hear why.
Did you complete the Great £1 coin race in record time? Do you know somebody who’s gone above and beyond to help other Change Checkers complete their collections? Or have you introduced all your friends to the world of change collecting?
If you or a friend has been the perfect Change Checker, we want to hear from you.
Send an email outlining why you, your family or friends deserve to win this coveted award to [email protected]. Alternatively, you can submit your entry using the sign-up form at the bottom of this blog. Finally, you can leave a comment on any of our social media pages but be sure to use the hashtag #CCAwards2017.
To qualify for Junior Change Checker of the year the application must be aged 16 or younger. The closing date for entries is 5pm on Friday 24th November.
Junior Change Checker of the Year applicants must aged 16 or younger.
All entries will be judged by our panel and the results announced on Friday 8th December.
The victorious Change Checker and Junior Change Checker of the year will each win an exclusive Change Checker trophy and a bundle of goodies worth over £70!
Categories
The other categories that make up the Change Checker Awards are:
- UK Coin Design of the Year 2017
- Coin Photograph of the year 2017
- Coin Story of the year 2017
These categories will be judged by our panel and the winners also announced on December 8th.
Good Luck!
Terms and Conditions
- The winners will receive an exclusive Change Checker trophy and a bundle of goodies worth over £70. There is no cash alternative.
- Participants agree to meet reasonable requests to assist publicity.
- The Change Checker Awards 2017 are promoted by The Westminster Collection / Change Checker, trading divisions of 288 Group Ltd.
- Employees of 288 Group and their families are not eligible to enter.
October 2017 Video Newsletter
Watch as Yasmin and Luke discuss all the latest news from the world of change collecting…
2017 Quarter 3 Change Checker “Scarcity Index” Released
Following the launch of the Change Checker “Scarcity Index” earlier this year the Quarter 3 Index has now been published.
50p Scarcity Index
It’s of little surprise that Kew Gardens maintains its top spot as the UK’s most sought after circulation coin with a perfect score of 100.
Isaac Newton, which made it’s debut in our Q2 update, settles on a score of 15, dropping 8 points from 23. This is due to a higher than expected number of Change Checker’s having this coin in their collection.
The 2017 Peter Rabbit 50p joins the “Scarcity Index” after having been released into general circulation at the end of September. A score of 16 makes it the 2nd scarcest Beatrix Potter 50p.
It’s worth noting that we currently only have estimated mintages for these two coins; it’ll be interesting to see how they rank once official mintage figures are released.
£2 Scarcity Index
There’s not a lot of movement in our Quarter 3 £2 “Scarcity Index” update.
Commonwealth Games Northern Ireland regains its position at the top of the table after being briefly replaced by Commonwealth Games Scotland in Q2.
The overall value of the Commonwealth games series has dropped slightly, however these 4 coins are still some way clear of the London 2012 Handover in 5th place.
There are no new £2 coins to add to the Index as we’re still waiting for the Jane Austen and WWI Aviation coins to be released into general circulation. We expect this to happen in Q4.
How the Scarcity Index works
Generally collectors have had to rely upon mintage figures to identify the scarcest coins. But they only tell part of the story. Trying to find a good quality coin from 15 – 20 years ago, even for a higher mintage issue, is much more challenging than a more recent issue, as coins become damaged over time and are ultimately removed from circulation.
Additionally, some designs are more hoarded than others by people who might not normally collect coins – the recent poignant First World War £2 Coin series being an example. Finally, it can be up to a couple of years before the Royal Mint eventually confirms the actual mintage for an issue.
That’s why we have combined the mintage information with two other key pieces of information.
- How many of each design are listed as “collected” by Change Checkers, indicating the relative ease of finding a particular coin.
- The number of times a design has been requested as a swap over the previous 3 months, showing the current level of collector demand.
Importantly, as new coins are released and popularity rises and falls across different designs the Scarcity Index will be updated quarterly allowing Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index does not necessarily equate to value but it is certainly an effective indicator. For example, the Kew Gardens 50p coin commands a premium of up to 160 times face value on eBay.
What about £1 Coins?
The £1 Scarcity Index has already been published for the Round £1 coins and, because they are no longer being issued, this is now set in stone.