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.
Our 50p index has been given a huge shakeup, with moves across the majority of the board! The same can be said for the £2 Index, with JUST four coins being untouched.
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.
It’s been a HUGE quarter for our 50p coins with this Scarcity Index update showing nearly all circulating UK 50p coins having moved around!
The Pentathlon 50p has climbed an incredible 12 places, pushing towards the top of our index. This coin has a circulating mintage of 1,689,500 which makes it one of the rarer 50ps in circulation.
Whilst it’s not the rarest Olympic 50p out there, all of these coins are incredibly popular with collectors, and have been since the 2012 Olympic Games!
Another big shake up sees just FOUR coins on our £2 Index remain in the same place, with some huge movers causing a shuffle.
A-Z 10p Index
And as we approach the Platinum Jubilee Bank Holiday weekend, the Jubilee 10p has climbed up towards the top of the index. With growing interest in Jubilee themed coins, including the 2022 Platinum Jubilee 50p, there’s no surprises more collectors are wanting to get their hands on this 10p!
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!
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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