Posts Tagged ‘Rare coin’
How rare are my coins? Your latest Scarcity Index Update!
So you think you’ve found a rare coin in your change, but how do you know how scarce it really is? Well, mintage figures only tell part of the story…
Our Scarcity Index uses data from the Change Checker Swap Centre, combined with a coin’s mintage figure, to determine just how scarce and sought-after your coins are. The information is presented in the easy-to-use indexes below, with arrows to signify how many places up or down a coin has moved since the last Scarcity Index update.
50p Scarcity Index
Whilst a fair few coins haven’t moved on our 50p index, the ones that have are making some huge jumps!
Of course, at the top of the index is a non-mover – the Kew Gardens 50p, closely followed by the Olympic Football 50p which has also defended it’s position in second place.
Interestingly, with the exception of the Kew Gardens and Flopsy Bunny 50ps, the 2011 Olympic 50ps are dominating the top of the list – which could be due to the 2024 Paris Olympics taking place this summer. Some of the biggest Olympic 50p movers are the Boccia 50p which has climbed up 37 places, the Shooting 50p which has shot up 20 places and the Sailing 50p which has floated up 15 places.
There have also been some Olympic 50ps moving down the index, with the Rowing 50p drifting down 15 places, the Gymnastics 50p falling 22 places and the Team GB 50p ending up towards the bottom of the list after dropping 13 places.
The Beatrix Potter 50ps also seem to have had a shakeup, with the Mrs Tiggy-Winkle 50p falling 19 places, the Tom Kitten 50p dropping 14 places and the 2018 Peter Rabbit 50p going up 11 places.
If you’re new to collecting and want to find out more about circulation coins, you can check out our fact files here >>
Otherwise, keep reading to find out which 10ps and £2 coins you should be looking out for.
10p Scarcity Index
The 10p index has been well and truly shuffled, with only 1 coin staying put – the X Marks the Spot 10p at the very bottom of the list.
The ones to watch are the V for Villages 10p which has climbed 16 places since our last update and the M for Mackintosh 10p which has moved up 12 places.
To make room for these big jumps, a fair few other designs have had to move down just 2 or 3 places, but most notably is the G for Greenwich Meantime 10p which has fallen 9 places.
The A-Z 10ps seem to be some of the hardest commemorative coins to find in circulation – that’s not surprising when you consider a maximum of JUST 304,000 of each A-Z 10p design entered circulation across 2018 and 2019 and it’s thought that a large percentage of these 10ps have been snapped up by collectors.
*Note
It’s worth remembering that our Scarcity Index only ranks the 10ps against each other, so even the ones at the bottom of the list are still incredibly sought-after.
£2 Scarcity Index
Due to the fact that no new commemorative £2 coins have entered circulation since 2016, we generally see less movement on the £2 index, however there are some notable movers since our last update.
Right at the top of the index are 3 of the 2002 Commonwealth Games £2 coins, with the Northern Ireland £2 in first place. With a mintage figure of just 458,000 making it the rarest £2 in circulation, it’s not surprising that the Northern Ireland Commonwealth Games £2 always ends up at the top.
Climbing up the ranks are the Shakespeare Comedies £2 which has fallen 11 places, and the Act of Union £2 which has moved down 9 places and the Britannia and Brunel Portrait £2s which have both dropped 8 places.
The Technology £2 – which was the definitive UK £2 design from 1997 to 2015 and has a combined mintage of 416,145,838 – unsurprisingly remains at the bottom of the index as the most common £2 coin.
How your Scarcity Index works
In the past, collectors have relied on mintage figures alone to identify the scarcest coins. But they only tell part of the story.
That’s why we’ve combined the mintage information with two other key pieces of information:
- How many of each design are listed as “collected” by Change Checkers on our Web App, indicating the relative ease of finding a particular coin
- The number of times a design has been requested as a swap on our Swap Centre 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. This allows Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index doesn’t necessarily equate to value, but it is certainly a good indicator. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay and is unsurprisingly top of the 50p Index.
You can use our 6 point guide to help you determine a more realistic value for your coins.
What about £1 Coins?
The £1 Scarcity Index has already been published for the Round £1 coins. Because they are no longer being issued, this is now set in stone.
Receive new UK coins without the hassle of placing orders on the day of release!
Join the Change Checker UK CERTIFIED BU Subscription Service and receive new UK coins sent to your door without the hassle of placing orders on the day of release!
Don’t miss your chance to get ahead of the crowd and be one of the very first collectors to receive the latest UK new issue coins as soon as possible after their release.
Just how rare are your coins? Your latest Scarcity Index Update!
It’s time for your latest Scarcity Index update – your chance to discover the UK’s most sought-after circulation 10p, 50p, and £2 coins of the last three months!
Our Scarcity Index uses data from the Change Checker Swap Centre to determine just how scarce and sought-after your coins are. The information is presented in the easy-to-use indexes below, with arrows to signify how many places up or down a coin has moved since the last Scarcity Index update.
50p Scarcity Index
The top and bottom of the 50p index has remained fairly stable, with the Kew Gardens 50p remaining in the top spot, but despite this, there have been some big changes in this latest update…
Moving up the ranks are some of the Olympic 50ps, including Shooting, Cycling and Boccia which have all climbed significantly. These big jumps up mean that others have to shuffle down the index, and we can see that a fair few 50ps have moved down just 1 or 2 places.
Also making their way down the index are the 50 Years of Pride 50p, the Sir Arthur Conan Doyle 50p and the Battle of Britain 50p.
Interestingly, we came across all 3 of these coins in our latest 50p coin hunt, watch it here >>
If you’re new to collecting and want to find out more about circulation coins, you can check out our fact files here >>
Otherwise, keep reading to find out which 10ps and £2 coins you should be looking out for.
10p Scarcity Index
The A-Z 10ps seem to be some of the hardest commemorative coins to find in circulation, not surprising when you consider a maximum of JUST 304,000 of each A-Z 10p design entered circulation across 2018 and 2019.
It’s thought that a large percentage of these 10ps have been snapped up by collectors, leaving a limited amount still in circulation, but it is still possible to find them!
One to keep your eye on is the NHS 10p which has shot up 20 places to 5th place, and the Houses of Parliament 10p which has climbed 12 places.
A few less fortunate coins are the King Arthur 10p which has fallen 10 places and the Ice Cream 10p which has dropped 8 places. The X Marks the Spot 10p remains at the bottom of the index, but it’s worth remembering that this Index only ranks the 10ps against each other, so even the ones at the bottom of the list are still incredibly sought-after.
£2 Scarcity Index
We usually see less movement on the £2 index due to the fact that less coins have entered circulation in recent years, however this time, there have been some big movers.
The £2 index usually remains fairly stable as we’ve not had a £2 coin enter circulation since 2016, however this time we have seen a fair bit of movement!
Of course, remaining at the top of the Index is the 2002 Commonwealth Games Northern Ireland £2. With a mintage figure of just 458,000, it’s one of the rarest and clearly still one of the most popular £2 coin designs, even 22 years after entering circulation!
The Guinea £2 climbed an impressive 19 places and the Brunel Portrait £2 moved up 9 places.
Some other big movers are the Wireless Transmission £2 and the Florence Nightingale £2 which have both fallen by 10 places and the Steam Locomotive £2 which has dropped 14 places.
How your Scarcity Index works
Generally, collectors have relied on 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.
What’s more, some designs are more hoarded than others by people who might not normally collect coins – for example the First World War £2 Coin series.
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. This allows Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index doesn’t necessarily equate to value, but it is certainly a good indicator. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay and is unsurprisingly top of the 50p Index.
You can use our 6 point guide to help you determine a more realistic value for your coins.
What about £1 Coins?
The £1 Scarcity Index has already been published for the Round £1 coins. Because they are no longer being issued, this is now set in stone.
Receive new UK coins without the hassle of placing orders on the day of release!
Join the Change Checker UK CERTIFIED BU Subscription Service and receive new UK coins sent to your door without the hassle of placing orders on the day of release!
Don’t miss your chance to get ahead of the crowd and be one of the very first collectors to receive the latest UK new issue coins as soon as possible after their release.
To collect, or not to collect…the Shakespeare £2 coins!
The answer, of course, is to collect!
Seasoned collectors will know that the 2016 Shakespeare £2 coins are some of the most popular coins in circulation. This isn’t only because they celebrate the most influential literary figure in British history, but because of their intriguing designs and interesting mintage figures.
The Shakespeare £2 coins were issued in 2016 to mark the 400th anniversary of the death of playwright, poet and actor, William Shakespeare. Each of the 3 coins honours a different genre of Shakespeare’s works – tragedies, comedies and histories.
Tragedies
The Shakespeare Tragedies £2 is inspired by Shakespeare’s most famous tragedies such as Hamlet, Othello, Macbeth and Romeo and Juliet. The design, by John Bergdahl, features a skull from the iconic scene in Hamlet where the Prince speaks to the skull of dead court jester, Yorick, lamenting over the fragility of life and the inevitability of death. Next to the skull is a rose, representing Romeo and Juliet.
The edge inscription even reads ‘WHAT A PIECE OF WORK IS A MAN’ – the start of a well know quote from Hamlet.
Histories
This coin pays tribute to Shakespeare’s historical plays. It carries the edge inscription ‘THE HOLLOW CROWN’ and features a crown and dagger design. The crown represents the seven different kings who were titular characters in Shakespeare’s historical plays, and the sword is a symbols of the battles and wars that took place in many of these stories.
Comedies
The Comedies £2 features a design of a cap and bells with a Jester’s stick, taking inspiration from Shakespeare’s most famous comedy play – A Midsummer Night’s Dream.
It features the edge inscription ‘ALL THE WORLDS A STAGE’, a quote from As You Like It.
Did you know?
When these coins first entered circulation back in 2016, they were stocked in the tills at the Royal Shakespeare Company (RSC) Theatre in Stratford-upon-Avon, where Hamlet was being performed at the time.
Mintage Figures
On entering circulation in 2016, mintage figures were released, revealing the Shakespeare Comedies £2 as the rarest of the 3 coins with only 4,355,000 entering circulation. Original figures released were as follows:
- Shakespeare Histories: 4,615,000
- Shakespeare Tragedies: 5,995,000
- Shakespeare Comedies: 4,355,000
However this would change 3 years later in 2019 when the mintages of the Histories £2 and the Tragedies £2 were corrected. Although the Comedies £2 remained the rarest of the 3, it turns out the mintage of the Tragedies £2 was lower than originally stated.
The corrected mintage figures for the 2016 Shakespeare £2 coins are as follows:
- Shakespeare Histories: 5,655,000
- Shakespeare Tragedies: 4,615,000
- Shakespeare Comedies: 4,355,000
As you can see from the £2 mintage figure chart below, both the Comedies and Tragedies are in the top 30 rarest coins in circulation (based solely on mintage figures).
Do you have any Shakespeare £2 coins in your collection? Let us know in the comments!
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