It’s time for your latest Scarcity Index update, where we reveal the UK’s most sought-after circulation coins of the last three months! As we continue to go out and spend more cash, we’ve seen some BIG movers and shakers on our Scarcity Index.
One 50p now holds the title as the biggest EVER mover since our Scarcity Index started! And, there’s some HUGE movers on our A-Z 10p Index too…
You can use the updated A-Z 10p, 50p and £2 indexes below to discover how sought-after the coins in your collection really are.
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.
50p Scarcity Index
Whilst the top of our 50p Index has remained relatively untouched, there have been some big shakeups to the rest of the coins!
The Olympic Shooting 50p has dropped by an astonishing 24 places, which is the biggest mover EVER on our Scarcity Index since it started.
With lots of big movers on our 50p Index, and the recent release of the Platinum Jubilee 50p into circulation, it’s a reminder to keep checking your change as you never know what treasure you’ll discover.
When we have a confirmed total mintage figure for the Platinum Jubilee 50p, we’re excited to see this brand new coin make its Scarcity Index debut.
A-Z 10p Scarcity Index
There are some HUGE movers on the A-Z 10p Scarcity Index this quarter!
In the biggest shake up we’ve ever seen on our 10p Index the Postbox 10p has climbed an incredible 19 places!
Regardless of where they feature in the above index, if you have any of the A-Z 10ps in your collection you should consider yourself very lucky. A maximum of only 304,000 of each design entered circulation!
Other key movers include the Union Jack 10p which has been bumped down 15 places and the G, H, and I 10p coins have also climbed up 8 coins each.
£2 Scarcity Index
Despite a quite last quarter for the £2 coins, this Scarcity Index update sees lots of movers across the middle and top of the board. We’ve even seen all but one of the Commonwealth Games coins shuffle around!
Another coin to watch is the Great Fire of London £2 which has jumped up 5 places!
How your Scarcity Index works
Generally collectors have had to rely upon 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.
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. 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 allowing Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index does not necessarily equate to value but it is certainly an effective indicator. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay.
You can use the 6 point guide to help you determine a more realistic value for your coins.
What about £1 Coins?
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