Posts Tagged ‘Scarcity Index’
The NEW Rarest UK 50p splashes onto our Scarcity Index!
Have you just found a coin in your change and are wondering how scarce it is? Well, Change Checker has you covered with our Scarcity Index!
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.
Excitingly, this time we have not one, but TWO new additions to the 50p index as we’ve had the official mintage figures for the coins that entered circulation in 2023!
50p Scarcity Index
Get ready for the 50p Scarcity Index to get a shake up, as we see two new coins enter the rankings!
Now, you might be thinking – don’t we have a new rarest UK 50p with the 2023 Salmon 50p? Shouldn’t it knock the 2009 Kew Gardens 50p off the top spot?
Well, despite entering circulation just over a year ago, we only recently found out that the mintage figure for the 2023 Salmon 50p was lower than the Kew Gardens 50p, with just 200,000 in circulation! This news means that only a few people will have been lucky enough to find a Salmon 50p in their change, and those who have one aren’t going to be willing to part with it any time soon!
As it’s such a new addition to the Scarcity Index, the Salmon 50p currently ranks 5th from last place, but watch this space – as I’m sure it’ll make its way up the ranks in months to come!
Another new coin on the Index is the Coronation 50p, which entered circulation in August 2023, and we now know it has a circulating mintage of 5 million. Whilst this doesn’t make it particularly rare, it’s entered the Index at a respectable position, and we expect it to climb as more people find one in their change.
Other notable movers on the 50p Index are the Gymnastics 50p which has climbed 20 places, the 2018 Peter Rabbit 50p which has shot up 23 places and the Representation of the People 50p and the Tom Kitten 50p which have both gone up by 16 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
We’ve seen quite a bit of movement in the 10p index, with all but 3 coins moving positions.
The big movers are G for Greenwich Meantime 10p which has climbed 16 places, the A for Angel of the North 10p which has gone up 13 places and the V for Villages 10p which has fallen 16 places. The X for X Marks the Spot 10p remains in last place at the bottom of the index.
Collectors will agree that the A-Z 10ps are some of the hardest commemorative coins to come across 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
The recent mintage figure announcement also confirmed that no new £2 coins entered circulation in 2023, meaning we haven’t had a new commemorative £2 enter circulation since 2016! Due to this, we generally see less movement on the £2 index, however there are a few coins which have made surprising moves.
As usual, the 2002 Northern Ireland Commonwealth Games £2 remains at the top of the index as the most sought after £2 in circulation. It has a mintage figure of just 458,000, making it extremely difficult for collectors to come across in their change.
A few other coins have stayed put, including the King James Bible £2, Robert Burns £2 and the Technology £2 which remains right at the bottom of the index. The most notable movements are the Shakespeare Comedies £2 climbing 15 places and the Trinity House £2 falling by 8 places.
A lot of the other coins have shuffled around by just 1 or 2 places, so it’s worth keeping an eye on our Scarcity Index to see exactly where your coins rank.
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. 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.
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.