The money experts at ChangeChecker have revealed a fascinating Scarcity Index, detailing the 37 'rare' £2 coins that are set to be worth a mint one day - and many are still in circulation Welcome back, hope you’re feeling better. silver Britannia Jul 4, 2018 - Explore Change Checker's board "£2 (two pound) coins", followed by 452 people on Pinterest. With less cash being used because of the current climate, it’s likely this is affecting collecting and it seems this has exposed some new trends on the indexes! This is the expected maximum mintage, and may help to calculate a scarcity index until the final mintage is confirmed. Ahead of the mintage figures, the Mint may publish 'issue limits'. Aa01 any one now how much there selling for if got 17 of them had them the day thay come out ??? Just 100 Navy £2 coins featuring the 4th portrait were issued and this was part of a special promotional activity, with coins available for visitors on the HMS Belfast. Collectibility is self-perpetuating; as more and more collectors search for the same coin, it becomes scarcer as a result. Jul 2, 2019 - Change Checker has released the first-ever scarcity index for £2 circulating coins. not just among collectors. We currently know that 220,000 of each design entered circulation in 2018 and a further 2.1 million coins overall were released in 2019, but exact figures for individual 2019 designs are currently unknown. These include The UK's rarest 10p, 50p and £2 coins have been revealed in ChangeChecker's latest scarcity index, which tracks the last three months. It’s time for your latest Scarcity Index update, where we’ll reveal the UK’s most sought-after circulation coins of the last three months!And it’s all change again for the 50ps this quarter, as one coin drops a huge 15 places!. New coin crowned as the UK’s scarcest £2 Coin. That's according to the money experts at ChangeChecker, who have revealed a fascinating Scarcity Index, detailing the 37 £2 coins experts believe could be worth a mint one day - … Standard price is about £10, however some are … She died in 1910 and to commemorate her life and work a special Florence Nightingale £2 was issued for the 100 th anniversary of her death. For many, this coin seems to be a firm favourite from the A-Z of Great Britain collection which was released in 2018, so it comes as no surprise that it has found its way to the top of the list. Realistically, a scarcity index can only ever be a guide based on estimations. Double Sovereigns How much could I sell it for? We don’t have the mintage figures for any Strike Your Own coins. . SALE: 3% off everything*Prices cut on thousands of products. Unfortunately this wouldn’t add any extra value to the coin, but certainly makes for interesting collecting! When will I find an A to Z 10p in my change? 50p Scarcity Index £2 Scarcity Index A-Z 10p Scarcity Index Images Some images of coins are credited to DNW auctions London. . Many coins are simply lost, however. . Alex. Generally collectors have had to rely upon mintage figures to identify the scarcest coins. It takes into account all of the latest ownership and swap information and, most importantly, this Quarter factors in the Royal Mint’s confirmed mintage figures for the 2016 releases. In 2015 , the Queen’s head changed from 4th to 5th in March ;- how does this affect the scarcity of the 4th heads of WW1 Battleship / Magna Carta coins , as there was only 2 months’ worth of minting time for them ? Following the recently published indexes for the Round £1 Coin and 50p Coin, the Scarcity Index tracks which £2 coins are the most scarce and collectable, using a unique combination of mintage, collecting and swap data to give the most up-to-date picture of today’s £2… . Mintage figures I have come across a £2 coin. Mintage figures from The Royal Mint suggest that only the 5th portrait was used for the Magna Carta £2 coins in circulation. The biggest mover on this latest Scarcity Index update goes to the Olympic Fencing 50p, which has moved up the index an incredible twelve places, following its five place drop on the previous update. Hi Roger, great question. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay. Whilst we understand collector’s frustrations with this, at Change Checker we run a Face Ballot for collectors to have the chance of owning 50p and £2 coins for just face value You can sign up to this here: https://www.changechecker.org/2019/05/01/your-chance-to-own-the-latest-uk-new-issue-50p-and-2-coins-for-face-value/ Certain anniversaries, such as royal weddings for example, attract a much higher demand amongst collectors. * 3% Sitewide Sale: Discount off regular premiums. The quantities of UK coins The Royal Mint is asked to produce each year varies according to UK demand for specific denominations at the time. and the All three Olympic themed £2 coins (Olympic Handover, Olympic Centenary and London 2012 Handover) also remain very close to the top of the index and I wonder if the Tokyo Olympics this year will affect the scarcity of these already very popular coins. See more ideas about coins, british coins, rare british coins. It’s time for your latest Scarcity Index update, where we’ll reveal the UK’s most sought-after circulation coins of the last three months!And it’s all change again for the 50ps this quarter, as one coin drops a huge 15 places!. Registered Office: Floor 16, Centre City Tower, 7 Hill Street, Birmingham, B5 4UA, Registered in England No. P for Postbox is unfortunately bottom of the pile once again, although it’s worth remembering that all of these coins are considered sought-after and collectors fortunate enough to come across just one will be considering themselves lucky. Despite both coins having the same mintage figure of 1,400,000, the Flopsy Bunny 50p is the most sought-after of the Beatrix Potter coins and is in fact the scarcest non-Olympic 50p coin in circulation, aside from of course the Kew Gardens 50p – the UK’s most sought-after circulation 50p. You would have to contact The Royal Mint to get hold of these We use cookies to give you the best experience on BullionByPost.co.uk and to customise marketing content.By continuing, you agree to our use of cookies - find out more here. Interestingly, in this latest update only the top and bottom coins have remained unchanged, with B for Bond staying on top spot as the current scarcest A-Z 10p coin in circulation. How many of each design are listed as “collected” by Change Checkers, indicating the relative ease of finding a particular coin. Bond, James Bond – British spy to feature on new UK coin series →, https://www.changechecker.org/2019/05/01/your-chance-to-own-the-latest-uk-new-issue-50p-and-2-coins-for-face-value/, https://www.changechecker.org/2018/08/02/could-i-be-minted-the-6-point-guide-to-valuing-your-coin/, https://www.youtube.com/watch?v=BShLrZAtXUc&w=440&h=248. … are often released years after minting has finished. S for Stonehenge actually dropped by 14 places in the previous index, so this could be the coin levelling back out again. As we look forward to the Olympic Games which will be held in Tokyo later this year, perhaps we’ll see more of the Olympic 50ps increase in popularity by the next Scarcity Index update. Hi Barry, The top five coins are unchanged since the last index and it comes as no surprise that the Commonwealth Games Northern Ireland £2 remains on the top spot, as this £2 has a mintage figure of just 485,500 and is considered incredibly sought-after amongst collectors. The original mintage figure for £2 coins - once released - is one hard fact that can be relied upon. It hasn’t been confirmed as the main reason, but this could be because we saw the introduction of the 12-sided £1 coins in 2016, which have incredibly high mintage figures. The older the coin (and particularly the longer the time in circulation), the greater this wastage will be, thus reducing the number of available coins. The other 650,000 Navy £2 coins issued for circulation feature the 5th portrait. decimal currency. The 2002 Commonwealth Games £2 coin had four variations for the four countries of Great Britain. Following the 2018 mintage figure reveal, we know that no £2 coins have entered circulation since 2016, so the £2 index continues to remain fairly stable with no new coins to add to the mix. It is not easy to index the rarity of one £2 coin compared to another; calculations of scarcity must consider subjective and indefinite factors. Even if two coins had the exact same mintage numbers, if one was struck in 2016 and one struck in 2006, the latter would be scarcer today. The lower the number is, the scarcer and potentially valuable it could be. So, we've had the second scarcity index of 2020 this quarter, and that's tracking how sought-after the coins in your change are and it's actually all been change for the 10ps this quarter, Rachel. The latest scarcity index for 10p coins specifically focuses on A to Z coins Credit: ChangeChecker The second rarest 10p is currently the "Y" coin for … Scarcity index: 1; Florence Nightingale is one of Britain’s most well-known historic figures. Whilst the £2 coins in 2017 were intended for circulation, there was no demand from banks and cash houses for these coins, therefore they couldn’t be put into circulation. Only 650,500 of this design were minted and it could earn you around £61. Experts indicate it might be worth going through your pockets, as a new Scarcity Index from Changechecker has identified the 37 rarest and most valuable £2 coins in circulation. So thanks to coin collecting experts ChangeChecker's Scarcity Index, it is easy to find out which are worth something a little extra. This information has been compiled using data from the Change Checker Swap Centre and 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. All orders include free insured delivery. Hi Lesley, I’m feeling much better now, thanks so much for asking Really pleased to hear you’ve found the Scarcity Index helpful. Thanks, sovereign mintages Although it had been issued as a commemorative coin since 1986, it was not circulated until 1998. I agree with Barry Wilshaw re. Comparing coins using a scarcity index system should give a good indication of how easy it is to buy different coins. Absolutely Brilliant information and very interesting. The latest Scarcity Index has been published by Change Checker, providing collectors with a countdown of the rarest 50p and £2 coins. This can be because a coin is very attractive, or that it has some special historic and numismatic significance. 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. coins, which are also denominated at £2. Finding accurate information regarding the availability of coins can be difficult. Finding accurate information regarding the availability of coins can be difficult. ... History of the coin. Hi Richard, Whilst both the Flopsy Bunny and 2018 Peter Rabbit 50ps have moved up the index one place since the last update, the other 2018 50ps haven’t fared quite so well, with the Mrs Tittlemouse and Paddington at the Station both moving down the index and the other 2018 50ps remaining unchanged. First World War centenary Navy £2 (Photo: Royal Mint) Scarcity index number: 57. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions. The latest scarcity index for 10p coins specifically focuses on A to Z coins Credit: ChangeChecker. © Copyright 2021 Jewellery Quarter Bullion Ltd. Fingers crossed they’ll be enough demand for these coins to enter circulation soon! We’re used to seeing quite a bit of movement on the A-Z 10p index as these particularly tricky-to-find coins are snapped up by collectors. The number of times a design has been requested as a swap over the previous 3 months, showing the current level of collector demand. We expect this to happen in Q4." With a scarcity score of 99, the Northern Ireland Commonwealth games £2 coin is the second rarest. Many of the coins on the list are still in circulation. . Making the calculation This was great news for Change Checkers who have the 2018 Beatrix Potter 50ps in their collection, as both the Flopsy Bunny and Peter Rabbit 50ps have proved incredibly sought-after. Can't wait - click here to reveal the UK's "scarcest" £1 coin With the Great One Pound Coin Race nearing the finishing line, collectors across the UK are desperate to complete their Round Pound collections. Hi Rachel, why have no £2 coins been released since 2016 this makes Chang checking and swapping a waste of time you can’t complete your collections unless you buy them direct at very high prices. Hi there. You can use the 6 point guide to help you determine a more realistic value for your coins. Around 485,000 of this design were minted and it could fetch £56 on eBay. The biggest movers on the latest 10p index update are W for World Wide Web and S for Stonehenge, which have both moved up the index by 14 places. That’s a great question! Their precious metal content alone makes them attractive to investors as a safe haven asset in a diverse portfolio. The previous Scarcity Index update saw some exciting changes to the 50p index, as we were able to include the 2018 50p coins following the release of their mintage figures. It as a couple of errors.and also the center of it seems loose.was wondering the value.thanks. impossibility of ‘collecting’ many new 50p & £2 coins – they can only be bought Wastage occurs over time to all coins as they are lost and/or destroyed. With less cash being used because of the current climate, it’s likely this is affecting collecting and it seems this has exposed some new trends on the indexes! For collectors of sovereigns, including the £2 double sovereign; our The new Matthew Dent designed reverse doesn’t include a date, and this meant that the obverse was modified to show the date instead. . With less than 2,500,000 coins issued, the Commonwealth Games £2 coin tops the Scarcity Index. . usually at very high prices which many collectors can’t afford. Thanks Graham, really pleased to hear you’ve found the article helpful. See more ideas about coins, coin design, coinage. Following the launch of the Change Checker “Scarcity Index” earlier this year the Quarter 2 Index has just been published. Some scarce circulating £2 coins can be worth far more than £2, and a bullion £2 coin will always be worth far more. The updated 50p, A-Z 10p and £2 indexes below allow you to discover how sought-after the coins in your collection really are…. Collectability How the Scarcity Index works, according to Change Checker. We’re excited to reveal to you the very first Scarcity Index of 2020! . But they only tell part of the story. The much revered scarcity index, how hard is it to come across that elusive last coin for your collection? . † Minimum order values apply: Refer to Delivery Options for more information. Hi Dee, this is the definitive Technology £2. The £2 coin is the newest and largest of the coins currently in circulation. It’s a real money-spinner for the Royal Mint, but makes a mockery of the term ‘collecting’. 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. A 2012 Olympic Handover £2 Proof Gold Coin – one of the highest ranked coins on the £2 scarcity index. That’s why we have combined the mintage information with two other key pieces of information. Perfect, mint condition, and proof coins will always command much higher prices, whatever their scarcity. Finally, it can be up to a couple of years before the Royal Mint eventually confirms the actual mintage for an issue. What about the 2018 Isaac Newton 50p, these were only available from the royal mint, do you have any mintage figures for these SYO coins? It would be great to see a new £2 coin in 2020 enter circulation! Coin collecting experts ChangeChecker have revealed a fascinating Scarcity Index, detailing the 37 rarest £2 coins that are set to go up in value - and many of them are still in circulation. Thanks. . However, the ranking of 50p coins - particularly the Olympic ones - do tend to change year on year, so keep an eye on the latest scarcity index. Shop using Dollars ($), HIGH DEMAND: No one can be sure how many examples of a coin have survived, and value can be derived from personal opinion as much as genuine scarcity. With current circulation coins this is more straightforward than for bullion and numismatic collectible coins. Thanks, The scarcity index for £2 coins is further complicated by the range of these coins – besides common currency £2 coins in circulation there are also bullion and numismatic coins. 06758398 VAT No. Some of these coins are already worth far more than a couple quid and will continue to climb in value over time, as described in the Mirror . page has a full list of how many of each years sovereigns were struck, helping you calculate if it is a scarce example. Surely the release of new coins would create an instant demand, and The 2002 Commonwealth Games Northern Ireland £2 coin tops ChangeChecker's scarcity index list. How much is a 2015 £2 Britannia worth? Hi Matt, Generally collectors have had to rely upon mintage figures to identify the scarcest coins. Additionally, some designs are more hoarded than others by people who might not normally collect coins – the poignant First World War £2 Coin series being an example. The biggest mover on the £2 index is the Florence Nightingale coin, which has moved up by six places, whilst the 60th Anniversary of World War Two coin has moved down by five places to the third from bottom space. Money experts at ChangeChecker have revealed a scarcity index of the UK's 20 rarest £2 coins that are set to mint one day. The £2 is the latest addition to the British coin set. * Source: Experian Hitwise - UK Internet Visits (January 2019 - January 2020). Collectability effects scarcity, as collectors often hoard desirable specimens. The Scarcity Index does not necessarily equate to value but it is certainly an effective indicator. It sounds as though this coin might have been tampered with if the center seems loose. Interestingly, the £2 Scarcity Index has seen a new coin top the list. Price will almost always be linked to scarcity, but a coin’s eventual worth will also depend upon its condition, not the ease of finding. To get a rough scarcity index of how coins compare, subtract your estimate of the wastage and collectability from the mintage or mint limit. The commemorative £2 was one colour but the new circulating coin was bi-metallic. Lesley . Rarest £2 coins 5. The other Commonwealth Games coins are not so scarce, but are higher on the index than other £2 coins that had much higher mintage numbers. Head over to our blog to find out more about the history of VE Day coins and this new £2 release. As I’m sure you’ll agree, it would be fantastic to see some new £2 coins entering circulation and how they might affect the £2 Scarcity Index. 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. This wouldn ’ t have the mintage figures, the scarcer and potentially valuable it could earn you £61. 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