Posts Tagged ‘UK’
Which Beatrix Potter 50p Coins are the scarcest?
With Monday’s announcement of four new Beatrix Potter 50p coins leading to as many as 50,000 collectors queuing at The Royal Mint’s website to reserve the coins online, Change Checker can reveal which of last year’s 5 Beatrix Potter circulation 50p coins are currently the most sought after by collectors.
Using data unique collecting and swap data, Change Checker will be publishing its first-ever 50p “Scarcity Index” later this month but ahead of the full publication, we can give you a sneak preview as to which of last year’s Beatrix Potter 50p coins are currently most sought after by collectors.
How rare are the Beatrix Potter 50p coins?
Final mintages are yet to be published but the Change Checker “Scarcity Index” scores each of the UK’s 54 circulation 50p coin designs out of 100 to determine their relative scarcity.
Results suggest that Jemima Puddle-Duck is currently the 6th most difficult coin to find in your change, with Squirrel Nutkin coming in close behind. Peter Rabbit has certainly become easier over the last few months but still sits 20th out 54 issues.
How valuable are my Beatrix Potter 50p coins?
Currently you can still buy base metal collector versions of the Beatrix Potter 50p coins direct from the Royal Mint for £10 and Change Checker Certified Brilliant Uncirculated versions for £3.99, rather than wait to find them in your change. That has meant that their values have been pretty much capped.
But The Royal Mint has confirmed that they are not striking any more 2016 collector editions, which means that when current stocks of the Brilliant Uncirculated version are exhausted, collectors’ only choice will be to search for circulation versions.
So whilst the 2016 Beatrix Potter 50p coins are not likely to follow the example of the ultra-rare Kew Gardens 50p, which achieves prices of between £70 and £100, collectors may see prices rise from around 6 times face value to somewhere between 10 and 12 times face value over the coming months.
But don’t forget, the joy of Change Checking is that you may receive a Beatrix Potter 50p coin in your change at any time for just its face value – 50p.
Why the 2016 £1 coin is about to become the latest coin collecting myth
The Royal Mint have confirmed that more than half a billion of the new £1 coins that have been released into circulation will be dated 2016.
But you may have also seen in the news that if you find one with a 2016 date, it could be one of the handful of ‘uniquely flawed coins’ and may be worth £250.
Unfortunately that isn’t the case.
Coins are typically struck with dies with that year’s date on, and as 1.5 billion new coins were required for the launch of the new 12-sided £1 coin, The Royal Mint started striking them in March 2016. That means that all of the new 12-sided £1 coins that were produced last year will have the 2016 date on them.
Will the 2016 12-sided £1 coins be rare?
In short, no. With half a billion 2016 dated £1 coins in circulation, they should be relatively easy to get hold of. In fact, we are yet to see someone who has found a 2017 dated £1 in their change.
Over half a billion 2016 dated £1 coins have been released into circulation. So far the only 2017 dated £1 coins we have seen are the Brilliant Uncirculated collector versions.
If we take a look back to the mintage figures in 1983 when the £1 coin was first introduced, in total 443,053,510 of the Royal Arms £1 coin were struck for circulation that year. That’s a little less than the amount of 2016 dated £1 coins and nearly 3 times less than the total amount of of the new coins struck for launch.
Considering 1983 was a time without contactless payments and when cash was the most used method of payment, 443,053,510 seems a relatively small amount in comparison to the 1.5 billion required for the new 12-sided £1 coin launch.
1997 Maklouf ‘Queen with a Necklace’ £2
The Maklouf ‘Necklace’ £2 was only issued in 1997
You may remember the collecting frenzy that the ‘Queen with a Necklace’ £2 coin caused in 1998 when the brand new bi-metallic coin was introduced into circulation.
The ‘Queen with a Necklace’ £2 has an enduring legacy in the collecting world as the very first bi-metallic £2 coins issued just prior to the Queen’s portrait change in 1998. This meant that the older portrait by Raphael Maklouf was only used for one year: 1997. His version featured Queen Elizabeth II wearing a necklace, which is how the nickname was derived.
When the portrait change was announced, the new £2 coins were snapped up by collectors believing them to be a future rarity. As it turned out, a mintage of nearly 14 million means the ‘Queen with a Necklace’ £2 is not one of the rarest coins in circulation. Nevertheless, with only one year of issue, it still holds an undeniable interest for collectors.
An undeniable interest for collectors.
And the same can be said for the 2016 dated £1 coin. Although the £1 is in no way a rarity, first year of issue coins are always more sought after in years to come. As the new coin is Britain’s first 12-sided £1 and it is the first specification change to our £1 coin in more than 3 decades, the new 2016 dated £1 should hold a significant place in any coin collection.
#foundapound
To celebrate the release of the new 12-sided £1 coin, we’re giving away FIVE ‘Nations of the Crown’ Silver Proof 12-Sided £1 Coins!
For your chance to WIN a Silver Proof £1, all you need to do is find one of the new 12-sided £1 coins in your change…
Post a photo via Facebook, Twitter or Instagram using the hashtag #foundapound and the location you found your first £1 coin.
We’ll then choose 5 winners at random on the 10th April.
It’s really that easy – so good luck and get posting! #foundapound
21 tips to complete your Great One Pound Coin Race
The Race is on…
You’ve only got until 15 October to find all 24 circulating £1 coin designs. And after the new 12-sided £1 Coin is released on 28 March, it will get harder as banks start to replace the £1 coins they receive with the new 12-sided £1 coin.
So that’s why we’ve put our heads together to give you 21 Top Tips to complete your Great One Pound Coin Race in time.
- Check your change drawer / change pot
- Ask friends and family
- Go to the bank and change notes to £1 coins
- Swap with the Change Checker web app – changechecker.org
- Befriend the local corner shop / launderette owner and ask them for their £1 coins
- Arcade / bingo change machines
- Pay with a note and round up with loose change to maximise your £1 coin change
- Look for Facebook swap groups
- Raid your children’s piggy banks (and replace them with notes!)
- Look for abandoned supermarket trolleys
- Check down the back of the sofa
- Check old handbags
- Set up a lottery syndicate and collect the payments in round £1 coins
- Have a bake sale – everything a round £1 coin
- Offer to count up any collections and swap out the £1 coins for notes
- Car boot sale – everything is “One Round Pound”
- Pay car park charges in notes and receive the change in coins
- Check any tips your friends might be leaving at restaurants
- Always carry some £1 coins with you so you can swap any time you see a good one
- Check gym lockers
- Try to build a collection as a group – e.g. a school class – 30 Change Checkers are better than 1!
Win a Gold-plated Participant’s Medal
Do you have any more tips?
We’ll be giving away some special 24-Carat Gold Plated Great One Pound Coin Participant’s Medals to the best ideas. Simply comment below with your top tip.
How to enter the Great One Pound Coin Race
If you haven’t started your Great One Pound Coin Race yet, it’s not too late. Simply click here to enter today and you too could own a complete collection of £1 coins direct from your change before they’re gone for ever.