Finding an error coin is like winning the lottery for collectors. And after reading today’s blog, you’ll be adding another rare error to your Change Checker watch list!
As earlier this month, a pub worker discovered a £1 coin that was minted from just ONE metal – not two – which went on to sell for £205 on the secondary market!
You see, normal £1 coins have a gold coloured Nickel-Brass outer ring and a silver coloured Nickel plated interior, but this rarity was completely gold-coloured. Check it out in the image below…
Understandably this lucky find was immediately added to eBay and the uniqueness of the coin meant there were 24 bids from five interested bidders, before it eventually sold on August 8 for the unbelievable price of £205!
One explanation for the supposed ‘error’ could be that the coin missed the plating stage during production.
Whilst this is the first time we’ve heard of the ‘error’ being found on a £1 coin, similar stories have been reported on £2 coins before…
The Holy Grail of Bi-metallic Errors
The image above shows what has been described as the Holy Grail of bimetallic ‘errors’ and is the result of the nickel-brass £2 blank not having the inner core section punched out before being struck.
This means that the £2 coin is made from one full piece of nickel-brass, just like the £1 error above – completely contrasting the very idea of a bimetallic coin.
A 2007 monometallic £2 was verified by The Royal Mint and in the email confirming the mis-strike it was mentioned that they had only seen 4-5 similar coins before.
This rare striking error is highly sought after and coins have achieved extraordinary prices in private sales and auctions.
So if you don’t consider yourself a Change Checker, it might be time to rethink as these exceptional error coins could be lying unused at the bottom of your bag.
Have you ever discover an error coin? If so comment below as we’d love to hear all about your coin hunting experiences!
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
The first UK £1 coin was issued in 1983 to replace the £1 banknote, which only lasted a few months in circulation! The £1 coin quickly became a hit with collectors, with everyone trying to hunt down the different designs…
£1 coins were initially issued in recurring five year programmes including series of designs representing the UK and the home nations.
After more than 30 years in the nation’s pockets, the familiar round £1 coin was replaced with an all new, 12-sided £1 coin in 2017 and it lost its legal tender status at midnight on 15 October 2017.
Despite this, some round pounds remain incredibly popular with collectors, due to their designs and their low mintages!
In this blog, we guide you through all of the round pound designs over the years…
Royal Coat of Arms
The first £1 coin design features the Royal Coat of Arms designed by Eric Sewell, a chief engraver at the Royal Mint. It also features the edge Inscription: DECUS ET TUTAMEN.
This coin was issued in 1983, 1993, 2003, 2008 and has a circulating mintage of 623,304,510.
The first reverse design series of £1 coins took floral emblems as its theme to represent the United Kingdom and its four constituent countries.
They were designed by Leslie Durbin – one of the most highly-regarded silversmiths of the 20th Century.
Of these coins, the Northern Ireland Flax has the lowest circulating mintage of 48,853,076.
1988 Royal Coat of Arms Crowned Shield
For the 6th year of the £1 coin, a Royal Coat of Arms design was introduced.
The first Royal Arms of England are attributed to King Richard I whose crest depicted three gold lions. Since then, the Coat of Arms has been adapted over centuries, and the reverse design of this coin displays the most modern version.
All coins dated 1988 feature this design, and 1988 was the only year it was used, making its mintage particularly low (just 7,118,825 were issued!)
The second series of £1 coin designs, by Norman Sillman used heraldic emblems to represent the United Kingdom and its four constituent countries.
The Scottish Lion Rampant has the lowest mintage in this series of £1 coins, with 29,752,525 entering circulation.
The third series of £1 coin designs depicts bridges from each of the four constituent countries in the United Kingdom.
These coins were designed by Edwina Ellis (who later went on to design the incredibly popular 2019 Stephen Hawking 50p!) Pictured left to right, this series included the Scottish Forth Railway Bridge (2004), the Welsh Menai Bridge (2005), the Northern Ireland Egyptian Railway (2006), and the English Millennium Bridge (2007).
The English Millennium Bridge round pound has the lowest mintage of this series, with 26,180,160 entering circulation.
Royal Arms Shield
In 2008 a new reverse design for the £1 was issued featuring the Royal Shield of Arms – designed by Matthew Dent.
The edge inscription in Latin reads DECUS ET TUTAMEN which translates as; An Ornament and a Safeguard. This dates back to the first machine struck coins minted in 1662 and refers to the inscription itself which was intended to prevent people scraping valuable metal off the edge of the coin – a process known as ‘clipping’.
This coin was issued for eight consecutive years from its introduction in 2008.
This coin has a circulating mintage of 311,663,630.
The fourth series of £1 coins used the capital cities of the four constituent countries as the basis of the reverse design.
They were designed by Stuart Devlin, who was also the Goldsmith and Jeweller to the Queen!
These round pounds have lower mintages than any previous series, with the Edinburgh City £1 having a circulating mintage of JUST 935,000! The Cardiff City £1 is close behind with a mintage of 1,615,000.
Floral Emblem Pairs
The fifth series of £1 coin designs uses pairs of floral emblems, designed by Timothy Noad to represent the United Kingdom and its four constituent countries.
The coins in this series featured designs of (pictured left to right) English Rose and Oak Branch (2013), Welsh Daffodil and Leek (2013), Scottish Thistle and Bluebell (2014), and Northern Ireland Flax and Shamrock (2014).
The coin in this series with the lowest mintage is the Scottish Thistle and Bluebell, with 5,185,000 entering circulation.
The Floral Emblem Pairs were to be the last round pound series, with the final two round pounds being issued independent of each other.
2015 Royal Coat of Arms
In 2015 the Royal Mint revealed a new design for the Royal Arms £1 coin.
Timothy Noad’s contemporary adaptation of the traditional Royal Arms design is one of last commemorative designs to feature on the pound coin, as the newly shaped coin entered circulation in 2017.
This coin has a circulating mintage of 129,616,985.
2016 The Last Round Pound
This 2016 £1 coin is the final ‘round pound’ issued by the Royal Mint, calling time on a coin which was first issued more than thirty years ago.
The reverse design features the animals that represent each of the four constituent UK countries and was designed by Gregory Cameron.
This coin did not enter general circulation and is only available to buy in a Brilliant Uncirculated quality.
So hopefully our guide to Britain’s round pounds will help you along the way to expanding your collection!
What’s most exciting about these coins is that they’re not used in circulation anymore, which makes them particularly sought-after by collectors!
Do you have any of these coins in your collection already? Let us know in the comments below!
Secure the UK Royal Arms Shield Circulation £1 with FREE p&p!
Are you a collector of Isle of Man coinage?
The island has released some truly beautiful coins in recent years, and as their mintage figures are typically much lower than UK coins, they are often highly sought-after by collectors…
The recent release of a second Christmas themed £2 coin has got everyone at Change Checker HQ talking, and so in this blog I’ve decided to take a look at some of our favourite Isle of Man coins!
1) 2019 Santa £2
The Isle of Man is renowned for their Christmas themed coins.
Traditionally the island release Christmas themed 50ps most years, however last year an incredibly popular Christmas £2 coin was released for the very first time, and this has now been followed by a second £2 this Christmas.
This year’s magical design features an enchanting portrait of Old St. Nick and bears the inscription ‘Nollick Ghennal’ which is Manx for ‘Merry Christmas’.
At the top of the coin, the distinctive Isle of Man Triskelion (three armoured legs) can be seen.
2) 2019 Peter Pan Set
This year, collectors were swept off their feet by this set of 6 commemorative Peter Pan 50p coins.
These are the very first coins to feature ‘the boy who never grew up’ and the set has been issued to commemorative the 90th anniversary of Peter Pan author, JM Barrie, gifting the rights to the story to Great Ormond Street Hospital.
The first coin in the series features an engraving of Peter Pan from David Wyatt’s illustration from the Oxford University Press edition and includes the iconic quote from the book, ‘Second to the right and straight on till morning’.
25,000 of each design entered circulation, but only on the Isle of Man so you’d be incredibly lucky if you managed to come across one in your UK change!
3) 2017 Triskelion £5 Coin
This £5 coin from 2017 features the Triskelion (three armoured legs) which is arguably the most recognised symbol of the island (featured on both the coat of arms and the flag).
The Isle of Man is the only country that circulates £5 coins, which means you could actually spend this coin in shops on the island!
But if you were lucky enough to have one I doubt you’d want to spend it, as it’s so unusual to have a circulation £5 coin in your change!
The coin is reasonably light when compared to our UK £5 coins. In fact, its size is 6mm smaller than the traditional UK commemorative £5 coins – so light enough to carry in your pocket!
4) 2003 Christmas 50p: The Snowman
2003 marked the very first time The Snowman featured on circulating coinage.
The Isle of Man released a limited-edition coin to mark the 25th anniversary of the release of the ‘The Snowman’ by Raymond Briggs.
Only 10,000 of these coins were ever minted, which makes it incredibly sought-after. In fact, this coin sells for well over face value on the secondary market, often fetching more than £200!
Since 2003, the Snowman has featured on a number of Isle of Man Christmas coins, and has even made two appearances on UK coins, which have been incredibly popular with collectors.
5) 1997 TT Races 50p
This highly sought-after 50p commemorates the 1997 TT races on the island – 90 years since the very first race in 1907.
The Isle of Man has become synonymous with the legendary TT races and each year since 1981 coins have been issued on the island to celebrate the occasion.
The 1997 coin celebrates eleven-time TT race winner Philip McCallen and is one of the most popular TT 50ps released by the Isle of Man.
Whilst there are many Isle of Man TT 50p coins in circulation, this isn’t the only denomination issued for the event…
6) 2018 TT £2 pair
£2 coins such as these have also been issued to celebrate the Isle of Man TT races.
These particular coins from 2018 mark 60 years since fan favourite ‘Mike the Bike’ first raced the International Isle of Man TT and 40 years since he returned to the event. They were officially licensed by the Isle of Man TT & Mike Haliwood foundation.
Mike Haliwood secured 14 Isle of Man victories during his racing career and his triumphant return to the TT has been described as ‘one of the most emotional moments of 20th century sport’.
Only 3,000 of each coin entered circulation on the Isle of Man, making them very hard to come by and practically impossible to find in your UK change.
7) 2011 Tosha Cat £2
In 2018, this coin caused a stir on Facebook coin groups and was even voted ‘Coin of the Year’ by the coin collecting community.
The £2 was actually issued in 2011 to commemorate the fourth Commonwealth Youth Games, held on the Isle of Man for the very first time.
However the coin seemed to be overlooked for the next 7 years until it piqued the interest of collectors on Facebook and prices on the secondary market started to skyrocket!
Sold prices for the coin vary and buyers must beware of fakes, however in some cases you’d be looking at parting with over £100 to get hold of one.
8) 2017 Round £1
In 2017, when the UK welcomed the brand new 12-sided £1 coin, the Isle of Man confirmed they would be keeping the familiar round pound coin – making them the only British Isles country to do so.
However, their round pound was to feature a complete redesign. It now featured a Falcon and a Raven which are symbolically associated with the Island and feature on the Coat of Arms.
The new round pound features Jody Clark’s sixth effigy of HM Queen Elizabeth II, which also features on coins from Crown dependencies and Commonwealth countries.
You might recognise the portrait from the £5 coin mentioned earlier as both look fairly unusual due to the inclusion of the Queen’s shoulders on the design.
9) 1978 Definitive £1
When it comes to pound coins, the Isle of Man were ahead of the game…
In fact, the world’s first base-metal circulating £1 was actually issued on the Isle of Man – five years ahead of the first £1 coin issued in mainland Britain.
It features the Three Legs of Man against a map of the island on the reverse and was issued as part of the Isle of Man £1 coin series.
These old style £1 coins were withdrawn from circulation in 1983, but would certainly make for an interesting addition to any collection.
10) 1990 ‘Penny Black’ Crown
In 1990, to commemorate the 150th anniversary of the first postage stamp – the ‘Penny Black Stamp’ – the Isle of Man released this striking Crown coin.
The coin features an image of the stamp which was designed by Henry Corbould in 1840, showing the profile of the young Queen Victoria.
Struck in ‘pearl black’ Copper-Nickel, this highly innovative coin was awarded with three Coin of the Year Awards – Best Crown, Most Innovative Coinage and overall Coin of the Year.
A reissued version of this coin was struck in 2015 to celebrate the 175th anniversary.
Do you collect British Isles coinage and are you luck enough to have any of these beautiful Isle of Man coins in your change? Let us know in the comments below!
Celebrate the festive season with the BRAND NEW 2019 Isle of Man Christmas Santa £2 coin
The 2019 Isle of Man Christmas Santa £2 coin is a truly unique festive addition to any collection this Christmas season, or could even make the perfect Christmas gift or stocking filler for a friend or relative!