Posts Tagged ‘numismatics’
New Pence Two Pence – how much is the 1983 2p worth?
When the UK switched to decimal coinage in 1971, it was decided that the word ‘new’ would be included in the denomination on some of our coins to avoid confusion between the new decimal coinage and the old currency.
By 1982 the coins were no longer new so the word was dropped, and the 2p design changed from ‘New Pence’ to ‘Two Pence’.
A common misconception is that all ‘New Pence’ coins are rare, but in fact almost 1.5 billion of these coins were initially issued in 1971 and circulating mintage figures from decimalisation to 1981 (after which the design changed) are actually all in the hundreds of millions:
As you can see from the chart above, no 2p coins were issued for circulation between 1972 and 1974, so if you find one of these in your change it will actually be taken out of a Proof set, not intended for circulation.
1983 ‘New Pence’ Error 2p
After the design changed from ‘New Pence’ to ‘Two Pence’ in 1982, a mistake was made during production of a small number of 1983 coins…
These coins were actually struck with the old inscription – ‘New Pence’.
Whilst it’s not known exactly how many of these error coins were struck, in 1983 2p coins were only struck for commemorative sets and not issued for circulation. Evidence seems to suggest that affected coins were issued as part of special souvenir sets that also did not enter general circulation – although if these sets were broken open and spent then you could be in with the chance of finding one in your change…
How much is it worth?
If you’re lucky enough to find a 1983 ‘New Pence’ 2p in your change, not only does the rarity of this coin make it more collectable, but the coin was also struck in uncirculated quality – meaning it won’t have the scratches and blemishes of circulation coins.
This means a collector would most likely be willing to pay a little more to get hold of one on the secondary market.
The individual 1983 2p coin has been known to sell for £500 – £700, however the 1983 coin sets have been known to sell for over £1,000 on the secondary market!
If you do decide to look for this coin on the eBay and other secondary market sites, beware of fraudsters looking to pass off a ‘New Pence’ 2p from any other date as a rare coin.
The image below shows a 1971 2p coin listed for £2,000! Although this coin might be considered more collectable as it was the first UK 2p ever issued, this also means that nearly 1.5 billion 1971 2p coins were struck, making it the most common 2p coin issued.
Remember that it’s the 1983 version of the coin which was struck in error and this is the one you should be looking out for.
Have you ever come across a 1983 ‘New Pence’ 2p coin? Let us know in the comments below!
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app
Vote for your favourite Paddington 50p!
In 2018 two Paddington 50p coins were issued to mark the 60th anniversary of Paddington’s first appearance in Michael Bond’s classic childhood tale.
Since then, we’ve seen four UK 50p coins feature the loveable character and now that all of the mintage figures have been revealed, we want to know which Paddington 50p coin is your favourite!
*** 2019 Vote ***
After the issue of the two 2019 Paddington 50p coins, Change Checker asked you to vote for your favourite and the 2018 Paddington at the Station 50p took 38% of the vote!
A very close second at 32% was the 2019 Paddington at St Paul’s 50p!
You can find out all the details about each of the Paddington 50ps below and let us know which one is your favourite in the comments.
2018 Paddington at the Station
This is the first UK 50p coin ever to feature Paddington Bear!
In 2018, The Royal Mint released this brand new 50p coin to celebrate the 60th anniversary of Paddington Bear featuring in Michael Bond’s much-loved book, ‘A Bear Called Paddington’.
The coin’s design by David Knapton is based on the modern adaptation from the CGI-live action movie, featuring Paddington on his suitcase in front of the station, wearing the famous tag around his neck, which reads ‘Please look after this bear. Thank you.’
It has a circulating mintage of 5,001,000.
2018 Paddington at the Palace
Much to the delight of both coin collectors and Paddington fans, a second coin was issued as part of the 2018 Paddington 50p series.
This coin features Paddington Bear outside Buckingham palace, waving his Union Jack flag. It has a circulating mintage of 5,901,000.
The always polite Paddington Bear has long been a family favourite and this coin pays tribute to the bear from Darkest Peru.
2019 Paddington at the Tower
Paddington’s London adventure continued into 2019 as two new UK Paddington 50p coins were issued that year.
This was the first coin in the 2019 series, which was released in August and it has a mintage of 9,001,000.
Paddington can be seen outside the Tower of London (former home of The Royal Mint). David Knapton’s design beautifully captures the day this very British bear brought marmalade sandwiches with him on a trip to the Tower – an iconic image I’m sure you’ll agree.
2019 Paddington at St Paul’s Cathedral
Whilst we know the design for this final coin in the 2019 Paddington series, we’ll have to wait a little while until the coin is released on the 12th September.
I’m sure collectors will be really keen to add this 2019 coin to their Paddington collection and continue his exploration around some of London’s most famous landmarks!
This coin shows the bear outside St Paul’s Cathedral and is inspired by Bond’s final book, “Paddington at St Paul’s” which was published last year to celebrate the 60th anniversary.
It has a circulating mintage of 9,001,000.
With four beautiful Paddington 50p coins to choose from, it’ll certainly be hard to pick a favourite, but we’re looking forward to seeing which design comes out on top when Change Checkers vote in our poll!
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Paddington’s London adventure continues – new coins revealed!
Today’s the day we’ve all been waiting for, as two BRAND NEW 2019 UK Paddington™ 50p coins have finally been revealed!
Since the Royal Proclamation on the 11th April, Change Checkers have eagerly been awaiting the release of these new coins and I’m sure you’ll agree that they are well worth the wait.
The designs feature Britain’s best-loved bear at some of London’s most iconic attractions – the Tower of London and St Paul’s Cathedral.
Straight from the darkest Peru and into your pockets!
In 1958, Paddington made his way to London, straight from the darkest Peru…
In June 2018 (for his 60th birthday) Paddington was spotted sat on his suitcase beside the trains at Paddington Station and later that year the bear was back, this time proudly waving a Union Jack Flag outside Buckingham Palace.
These coins from 2018 can be found in your change and added to your UK 50p coin collection – but have you been lucky enough to find them?
Paddington’s adventure now continues as these latest designs by David Knapton show the bear in two new London landmarks.
And the best news is, The Royal Mint have confirmed that the first coin will also be entering circulation from August!
Let us know if you’re lucky enough to come across any in your change…
Paddington at the Tower of London
This is the first Paddington coin to be released in 2019.
David Knapton’s design, based on the CGI live-action movie, shows the adorable bear outside the Tower of London, enjoying his favourite food – marmalade sandwiches!
If you can’t wait to get your hands on this new coin, it is now available to secure in Brilliant Uncirculated quality.
Paddington at St Paul’s Cathedral
The second Paddington 50p to be released this year will feature the charming bear outside St Paul’s Cathedral.
David Knapton has really captured the friendly nature of Bond’s character as he doffs his little hat in greeting to you.
This coin won’t be released until the 12th September, but is is available to pre-order now if you want to own it in Brilliant Uncirculated quality.
The 50p collecting craze!
50p coin collecting has become more popular than ever, especially since the release of much-loved characters such as Peter Rabbit, The Snowman and of course Paddington!
Last year’s Paddington 50p coins were hugely popular and I’m sure that these new designs will be just as sought-after.
I’m certainly very excited to by the 2019 Paddington coins and can’t wait for when we will start seeing them in our change!
Give this bear a home!
This loveable bear is looking for a home and if you’d like to take him in, you can order the 2019 Complete Paddington 50p Pack to own both coins in Brilliant Uncirculated quality today.
