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 for the A-Z 10ps, as NHS establishes itself in top spot…
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.
A-Z 10p Scarcity Index
Well we really have seen quite a mix up for the latest A-Z 10p Scarcity Index update, with a new leader taking top spot!
B for Bond has not only been knocked off the top spot, but has actually dropped 11 places down towards the middle of the pack.
In its place we have a very worthy winner and it comes as no surprise that the most sought-after A-Z 10p is currently N for NHS. Now, more than ever, the NHS is playing a vital role to keep us safe and well during the coronavirus pandemic and so it seems only fitting that this 10p has grown in popularity. Acting as a reminder of the strength, hope and support of not only our National Health Service, but the British people as a whole during this unpreceded time in history.
Other key movers to keep an eye on are the F for Fish and Chips and M for Mackintosh 10ps, moving up the index 11 and 9 places respectively.
Regardless of where they feature on the above index, if you have any of the A-Z 10ps in your collection you should consider yourself lucky, as they are particularly hard to come by in circulation and each design has a relatively low mintage (just 220,000 of each design released in 2018 and 2.1 million overall in 2019).
50p Scarcity Index
The 50p Scarcity Index has remained fairly stable at the top and bottom, with Kew Gardens holding strong in the top spot, a whole 12 points ahead of the second scarcest 50p in circulation, the Olympic Football.
There’s been a bit of a shuffle around with the Olympic 50ps, with Wheelchair Rugby moving up the index by 11 places! Although it’s definitely worth noting that all of the Olympic 50ps are particularly sought-after due to their low mintage figures and an estimated 75% have been removed from circulation by collectors, making them even harder to get hold of.
Perhaps we’ll see the popularity of these coins increase further next year when the Olympic Games will be held in Tokyo, following their postponement this year.
Another couple of sought-after 50ps we’ve been keeping our eyes on are the 2018 Peter Rabbit and Flopsy Bunny coins. Since making an appearance on the index for the first time towards the end of last year, they’ve since been creeping their way up and up. In this update, Peter Rabbit has moved up by 3 places and Flopsy Bunny by 4! As the two rarest Beatrix Potter 50ps in circulation, it’s no wonder these coins are so sought-after, but are you lucky enough to have them in your collection?
£2 Scarcity Index
The top five coins on the £2 index remain strong, with the Commonwealth Games Northern Ireland keeping its position at the top, 18 points above the second most sought-after £2 coin in circulation.
We’ve seen little activity throughout the top half of the index, with only a few coins shuffling one or two places.
However there’s been a bit more movement in the second half of the index, with the key coin to watch being the 60th Anniversary of the End of World War Two (commonly known as St Paul’s Cathedral) £2. This coin has moved up the index by 4 places and the increased popularity could possibly be due to the significant anniversary year, as 2020 marks 75 years since the end of World War Two.
We’re yet to see any new £2 coins in our change since demand has been so low, although I’m sure I speak for many collectors when I say we eagerly anticipate the release of new £2’s into circulation, hopefully in the near future.
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?
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app
Issued as part of the 2020 Annual Coin Set, the 50p coin supporting Team GB at the Tokyo Olympic Games has quickly become the talk of the collecting world…
As the news broke that this year’s Olympic Games would be postponed until 2021, collectors were soon asking the question, “What will happen to the 2020 Team GB 50p?”
Despite being released at the start of the year within the Annual Coin Set, the coin is yet to be individually released. We now know that this too will be postponed, in line with the Olympic Games, meaning collectors will have to wait until 2021 for the individual release of the Team GB 50p.
Two versions of the Team GB 50p
Excitingly, this will mean that there are two versions of the coin – one with the obverse dated 2020 from this year’s Annual Coin Set and one with the obverse dated 2021 for next year’s individual release.
The reverse design by David Knapton currently depicts the individual Olympic sports accompanied by the Olympic Rings, the Team GB logo, the inscription ‘TEAM GB’ and the date ‘2020’. But will this also be updated to reflect the new date of the Games – 2021?
Already in high demand
Already, the 2020 version of the Team GB 50p is being listed on secondary market sites for well over face value, as collectors rush to secure this version of the coin.
In fact, it appears that collectors have removed the coin from Annual Sets and is seen selling on eBay for over £35.
Demand for the 2020 version of the Team GB 50p is sure to be high, especially as it is only available as part of the Annual Set, meaning far fewer will be minted than if it were individually released.
Olympic 50p craze
Olympic themed coins are no stranger to the limelight…
In fact, it was the 2012 Olympic 50p collecting craze which kick started many collector’s interest in the hobby.
Since then an estimated 75% of these coins have been removed from circulation by collectors adding them to their collection.
And so collectors were delighted in 2016 when The Royal Mint issued a special 50p to wish Team GB success for the Rio 2016 Games, considered by many to be the 30th Olympic 50p.
The coin’s obverse features a swimmer with the Team GB logo, the Olympic rings and the inscription ‘TEAM GB’. Designed by Tim Sharp, the coin has been officially endorsed by Team GB and celebrates the spirit of British Olympians – a must have for all Olympic 50p Collectors.
But now as the 2020 Team GB 50p takes centre stage, the coin collecting community has been sent into a frenzy once more.
I’m sure not only Olympic 50p collectors, but all Change Checkers will be really eager to secure this highly sought-after coin and will also be looking forward to the individual release of the updated version next year.
Own the 2020 Team GB 50p in the Brilliant Uncirculated Annual Coin Set
Don’t miss the opportunity to secure the sought-after 2020 Team GB 50p as part of the Annual Coin Set.
Over the last few weeks and months, our nation has been inspired time and again by the incredible Key Workers who are on the front line, helping us through this challenging time.
In fact, people all across the UK are showing their support for our heroes during the weekly clap and with the beautiful rainbow pictures adorning our windows. And Change Checkers have also been making a special effort to give their thanks.
We asked Change Checkers to pay tribute to the UK’s Key Worker heroes by creating a coin design in recognition of their tireless work.
The top designs were selected from each category to be transformed into a virtual 50p and we were absolutely blown away by the entries!
But the best news is, we are incredibly excited to announce that one of the winning designs has been specially selected to be adapted into a special Rainbow of Hope Thank You Medal!
New Specially Issued Medal
The Rainbow of Hope Thank You Medal has been specially issued in support of Cavell Nurses’ Trust with all Ex-VAT sales going directly to support the work of the Trust at this critical time.
Reverse designer Sean Simon said, “I’m honoured and humbled to be a part of something of this scale, which will be beneficial to such a great cause. I work as an SEN school teacher and have many members of my family who work across the NHS and other key areas. As a school teacher I found this to be a great opportunity to show my appreciation to all the key workers across the UK who are working so hard during such difficult times. A rainbow was a must for the design as there are many children who may not understand the situation but are making the most of being inside. My children have thoroughly enjoyed making their own rainbows and looking for other rainbows during our daily walk.”
Say “Thank You” to our Key Worker Heroes
You can now say “Thank You” to all our health workers and carers along with all other Key Workers, with the Rainbow of Hope Thank You Medal and at the same time you’ll be supporting the vital work of Cavell Nurses’ Trust helping nurses, midwives and healthcare assistants suffering personal or financial hardship.
From simple, essential support like money to repair a broken cooker or boiler, to vital life-changing aid like helping a family flee their home due to domestic abuse, Cavell Nurses’ Trust is here to help. Never has their work been more important than during the current Coronavirus crisis.
All Proceeds Going To Charity
What’s more, The Westminster Collection will be donating 100% of the ex-VAT proceeds for every Rainbow of Hope Thank You Medal sold to Cavell Nurses’ Trust to support nursing and midwifery professionals in their time of need.
Our Nation’s Key Workers are risking their lives to help keep us safe – let’s do all we can to show our support and give something back!
Support the UK’s Key Worker Heroes when you order the Rainbow of Hope Thank You Medal
The Rainbow of Hope Thank You Medal is your chance to say thank you to our key worker heroes, with all proceeds going directly to support the work of the Cavell Nurses’ Trust at this critical time.
So please click here to order yours today – whether it’s to keep or give to a special key worker.