Scarcity Index

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

The UK’s most popular A-Z 10p coin revealed…

The new A-Z 10p coins have proved some of the hardest coins to find in your change. Whilst that will hopefully become easier as more are gradually released into circulation over the coming months, we’ve taken a first look at which are the most popular with collectors.

There’s not enough data yet to publish a full scarcity index but we have crunched the numbers based on Change Checker’s top swap requests – and here are the winners.

1. A – Angel of the North
2. E – English Breakfast
3. L – Loch Ness

 

podium A Z 1024x625 - The UK’s most popular A-Z 10p coin revealed…

The Top 3 coins most requested to swap.

 

Further releases expected…

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.

However, don’t despair if you haven’t found any of the A-Z 10p coins yet. More are expected to be released into circulation as and when there is demand for more circulating 10p coins. This is something that’s managed between Treasury (and not the Royal Mint) and the large cash processors, including the Post Office, some banks, as well as private operators (find out more in our “When will I find and A to Z 10p in my change” blog).

In addition, there have been a number of limited releases, including “T” at Betty’s Tea Rooms, “F” in 20 of the UK’s top chippies and “B” at the Bond in Motion exhibition – as well as our own Change Checker Live 10p Lucky Dips, with more of our live events coming up on the 8th of September in Croydon and the 20th of October in Bristol.

Don’t worry, though, as soon as we hear any more news about more the A-Z 10p coins entering circulation, Change Checkers will be the very first to know.

In the meantime, you can view the full A-Z 10p Swap Index below for your guide as to which letters have proved most popular with collectors.

 

A Z 10p Swap Index June 18 page 001 657x1024 - The UK’s most popular A-Z 10p coin revealed…

* Compiled from Change Checker App data and accurate as of 15/06/18.


 Complete your A-Z 10p Collection

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