Scarcity Index

Your January 2019 Scarcity Index update!

Welcome to the first Scarcity Index of 2019! We’re delighted to share with you the latest update to the A-Z 10p, 50p and £2 coin indexes, so that you can see where your coins now rank.

This information has been compiled using data from the Change Checker Swap Centre (find out how it works here) and presented in the easy to use indexes below, with arrows to signify how many places up or down a coin has moved on the Scarcity Index to help you track the performance of your coins.

A-Z 10p Scarcity Index

Although the A-Z of Great Britain 10ps are notoriously hard to find, we’ve now started to see more and more of these coins being added to people’s collections on the Change Checker app, and we’re able to use this data to build up an even more accurate picture of how sought-after each design is, using our Scarcity Index.

A Z 10p scarcity index - Your January 2019 Scarcity Index update!

As you can see, now that we have more data to base the index on, there has been a lot of movement from the previous update. Whilst this was to be expected, we have seen some dramatic changes, in particular with ‘S’ for Stonehenge, which has jumped from the bottom to the top spot and is currently the scarcest A-Z 10p!

‘K’ for King Arthur has also jumped up by a massive 23 places and is now the second scarcest A-Z 10p. Finishing off our top 3 is ‘L’ for Loch Ness Monster, which has moved up the index by 9 places.

Down at the bottom of the index, we’ve seen ‘V’ for Villages drop 9 places, ranking it as our most common A-Z 10p. There was a 16 place drop for ‘I’ for Ice Cream, making it the second most common amongst Change Checkers. And finally, sitting in the third to last spot is ‘A’ for Angel of the North, which is actually one of only three coins to remain in the same position as the previous index.

‘F’ for Fish and Chips and ‘P’ for Postbox are other coins to keep your eye out for, as they have both jumped up significantly since the previous index.

Whilst we now have a lot more A-Z 10ps being listed in people’s collections, there are still relatively few swap requests for these coins, so it seems likely that if people are managing to find the coins, they are possibly keeping hold of them and only swapping the duplicates that they may be lucky enough to find.

The Scarcity Index will continue to become more accurate as more data is collected and the coins are swapped more often.

50p Scarcity Index

50p scarcity index page 001 - Your January 2019 Scarcity Index update!

It comes as no surprise that the Kew Gardens remains king of the 50p Scarcity Index and the Olympic Football 50p still holds onto its place in second spot.

We’ve seen a bit of a shuffle amongst the Olympic Judo, Wrestling and Triathlon 50p coins, with Judo now retaking its place as the third scarcest 50p in circulation, following its fall 2 places on the previous index.

Towards the bottom of the index, we’ve seen the Team GB 50p move up 9 places, which has caused many of the lower scoring coins to move down 1 or 2 places, although our bottom 3 coins remain unchanged since the previous index.

The Girl Guides 50p has also seen a rise in scarcity, jumping 7 places up the index.

As the 2018 50p coins have now been found in circulation and are being swapped on the Change Checker App, we look forward to adding them to the Scarcity Index once mintage figures are confirmed.

£2 Scarcity Index

2 pound scarcity index - Your January 2019 Scarcity Index update!

We’ve seen minimal changes on the £2 Scarcity Index, possibly due to the fact that the 2017 coins have not yet been released into circulation.

There has been a small shuffle amongst the Commonwealth Games £2 coins, however these coins remain the scarcest of the UK £2 coins in circulation due to their incredibly low mintage figures.

Whilst a few coins have moved 1 or 2 places on the index, the majority of £2 coins seem to have held on to their rating since the last update to the index, but it will be interesting to see what changes occur for the next update.

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 160 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?

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.


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

Change Checker Web App Banner 2 Amends 1024x233 1 1024x233 - Your January 2019 Scarcity Index update!

Sign up today at: www.changechecker.org/app

The FIRST EVER A-Z 10p Scarcity Index!

The latest Change Checker Scarcity Index update of 2018 is here and excitingly, we have now been able to put together our first ever A-Z 10p Scarcity Index!

This information has been compiled using data from the third quarter of the year and presented in the easy to use indexes below to help you track the performance of your coins.

 

FIRST EVER A to Z 10p Scarcity Index

As more coins are starting to appear in circulation and Change Checkers are adding them to their collection, we are now able to use this data to put together the very first A-Z 10p Scarcity Index.

Q3 2018 A Z Scarcity Index 1 480x1024 - The FIRST EVER A-Z 10p Scarcity Index!

Initially, 2.6 million A-Z 10p coins were released, however recent news has revealed that another 2.6 million coins have now entered circulation! Therefore, we have estimated a mintage figure of 200,000 for each design in order to put together this index, combining mintage figures with the number of each coin listed in Change Checker’s collections and the number of each coin requested to swap by Change Checkers.

The clear front runner is Z -Zebra Crossing, sitting 24 points ahead of the second place coin, M – Mackintosh. Whilst everyone seems to be struggling to find the A-Z 10ps, these top few coins appear to be the hardest to come across so far, whereas S – Stonehenge, K – King Arthur and A – Angel of the North seem to be the most common. A – Angel of the North was actually the top design for the A-Z 10p Swap Index, suggesting it is most popular and therefore being swapped more often if people are finding multiples of this design.

It is only early days in terms of creating a fully accurate Scarcity Index for these coins, as we still await confirmed mintage figures for each design, and of course it is possible that this may change as more coins are found in circulation.

 

50p Scarcity Index

 

50p index - The FIRST EVER A-Z 10p Scarcity Index!

We’ve seen a lot of movement on the 50p index this quarter, possibly due to the high numbers of 2017 Beatrix Potter 50ps which have now entered circulation.

The Battle of Britain and 2016 Beatrix Potter 50p have both jumped up the index, but the most significant increase goes to the 2017 Sir Isaac Newton 50p, which actually has the second lowest mintage figure for any commemorative 50p in circulation. This coin has moved up 12 places this quarter, and I wouldn’t be surprised to see it continue to improve.

Of course, Kew Gardens still remains the most scarce UK 50p coin with a mintage figure of just 210,000 and in fact, our top 6 coins have remained consistent since last quarter.

 

£2 Scarcity Index

Q3 2018 2 Scarcity Index 1 550x1024 - The FIRST EVER A-Z 10p Scarcity Index!

We’re still waiting on the 2017 WW1 Aviation and Jane Austen £2 coins to enter circulation, and so there hasn’t been much movement for the £2 index this quarter.

The ever popular Commonwealth Games £2 coins remain at the top, although Wales has now moved down to become the least popular of the four. Our final 8 remain consistent and the only major movement goes to the Wireless Transmission £2 coin, which has fallen 7 places down the index.

We’re eagerly awaiting the newer coins to enter circulation, which I’m sure will then cause a significant re-shuffle of the leaderboard!

 

How the 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 160 times face value on eBay.

 

What about £1 Coins?

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.

 


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

Change Checker Web App Banner 2 Amends 1024x233 1 1024x233 - The FIRST EVER A-Z 10p Scarcity Index!

Sign up today at: www.changechecker.org/app

UPDATED: The results of our latest Scarcity Index are in…

The latest Change Checker Scarcity Index update of 2018 is here and the results are in…

The 50p and £2 Scarcity Indexes have been compiled using data from the second quarter of the year.

As per our previous quarter, you can now use our new feature to help you track the performance of your coins. The arrows signify how many places, up or down, a coin has moved on the Scarcity Index; any coins with a yellow star are making their first appearance after having been released into circulation.

 

50p Scarcity Index

50p and OLY 50p Scarcity Index 967x1024 - UPDATED: The results of our latest Scarcity Index are in...

 

Not surprisingly, Kew Gardens still remains the most scarce UK 50p coin with a mintage figure of just 210,000. There has been a lot of movement this quarter, with significant improvements in the performance of Sir Isaac Newton, Rowing and Canoeing. 

On the other hand, both Girl Guides and Tom Kitten have seen less interest, with both coins moving 9 points down the Index.

Our top and bottom 6 coins seem to remain consistent for now, although there is always the potential for change as new coins enter circulation, and we’ve had a number of new releases recently that could mix things in up…

 

£2 Scarcity Index

2 Scarcity Index 569x1024 - UPDATED: The results of our latest Scarcity Index are in...

 

Although the 2017 WW1 Aviation and Jane Austen £2 coins are yet to enter circulation, we’ve still seen some movement amongst the current coins in our Scarcity Index.

The ever popular Commonwealth Games Northern Ireland £2 regains its place at the top after a briefly being replaced by Wales. Another strong improvement goes to Trinity House, which has also moved up the Index 4 places.

On the other end of the spectrum, the Rugby World Cup and Florence Nightingale coins have moved down the Index this quarter, with Florence Nightingale dropping an impressive 8 places. This is due in part to a lack of Change Checkers requesting to swap these coins, however we wouldn’t be surprised to see these coins creeping up the Index in the next quarter.

 

What about the A to Z 10p coins?

Unfortunately, at present, there is simply not enough data to accurately compile a full A to Z 10p Scarcity Index. However, we have put together a ‘Swap Index’ using data from the Change Checker App which we feel is the most accurate way currently to determine which A-Z 10ps are most sought after.

 

A Z 10p Swap Index June 18 page 001 657x1024 657x1024 - UPDATED: The results of our latest Scarcity Index are in...

 

Our top two coins (A for Angel of the North and E for English Breakfast) are very clearly the most sought after, with  L for Loch Ness Monster coming in third. Speculation as to why people might be collecting certain designs is three pronged: 1) Perhaps people are looking for A to start their collection at the beginning of the alphabet. 2) They could be looking for coins that match their initials. 3) People might be collecting the coins based on which design/theme is their favourite.

 

podium A Z 1024x625 - UPDATED: The results of our latest Scarcity Index are in...

Initially, a limited stock of 2.6 million A-Z 10p coins were released into circulation through the Post Office network to coincide with the release of the designs in March. It has been no surprise that these have been quickly snapped up by eagle-eyed change collectors.

As more coins enter circulation and are found, we will begin to see more data emerge and a full Index for these coins will be compiled.

 

How the 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 recent 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 160 times face value on eBay.

 

What about £1 Coins?

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.

 


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

Change Checker Web App Banner 2 Amends 1024x233 1 1024x233 - UPDATED: The results of our latest Scarcity Index are in...

Sign up today at: www.changechecker.org/app