Posts Tagged ‘Coin Collector’
The Isle of Man TT returns! New £2 coin issued to celebrate
The Isle of Man TT races, an annual tradition since 1907, returns this year. Riders and spectators from around the world will travel to the island for what has been nicknamed ‘the most dangerous race in the world’.
It’s become somewhat of a tradition for the Isle of Man to issue coins to commemorate the TT races each year. 2023 is no exception, as this year we’ll see a brand new Isle of Man £2, issued to mark 100 years since the sidecar entered the races.
But the most exciting news for collectors is that it’ll be the FIRST EVER King Charles III TT £2 coin!
The design
In 1923, the first Sidecar was introduced to the TT races. This meant both racer and passenger could take part in the ‘Ultimate Road Race’. The design shows an incredibly detailed depiction of the Sidecar riding through Parliament Square on the Isle of Man.
For the first time ever on an Isle of Man TT coin, the obverse features King Charles III’s effigy. Since the first King Charles III coin was issued last year, we’ve seen demand for new UK coins soar. With every Isle of Man TT coin since 1981 having featured Queen Elizabeth II, this change is sure to catch the eye of collectors wanting to add a highly collectable issue to their collection.
Entering circulation
Previous Isle of Man TT coins have always been popular with both collectors and motor enthusiasts. This is due to their small mintages compared to their UK counterparts and the fact that they sometimes crop up in UK coinage. Although Isle of Man coins aren’t legal tender in the UK, there is a chance you could spot one in your change.
And excitingly, a 15,000 2023 Isle of Man TT £2 coins will be released into circulation on the island. So it’s time to beat the crowds and add this coin to your collection now >>
Numismatic history of the TT races
The first Isle of Man TT coin was a 50p issued in 1981, and a new TT 50p has been released most years since. The TT 50ps, along with other denominations have proved incredibly popular amongst collectors and motoring enthusiasts alike, with some selling for hefty amounts on the secondary market.
Here are a few of our favourite Isle of Man TT coins.
2022
After a 2 year break due to the Coronavirus Pandemic, the TT races returned in 2022 and two new £2 coins were issued to celebrate.
One of the coins featured the iconic TT Grandstand which marks the start and end of the race. The other represented the TT race marshals, most of whom are usually volunteers or motorsports enthusiasts.
A Crown coin was also issued in celebration of the event. It featured the official TT logo in front of the race route map and a chequered flag background.
2019
In 2019, the Isle of Man released two £2 coins marking 112 years since the first TT race in 1907.
The reverse designs features legendary rider, Steve Hislop, racing the Tourist Trophy track.
Steve ‘Hizzy’ Hislop is an 11 time winner of the notorious Tourist Trophy races. His extraordinary racing career has cemented him as a hero of the TT mountain circuit.
2018
These coins were issued in 2018 to celebrate racing legend Mike Hailwood. 2018 marked 60 years since his first TT race and 40 years since his triumphant return.
Just 3,000 of each coin entered circulation on the Isle of Man and we saw unprecedented demand from collectors looking to add the coins to their British Isles collection.
1998
Another famous race that takes place annually on the island, is the Rally Isle of Man.
The Rally Isle of Man – previously known as The Manx Trophy Rally – was first held in 1963 and became a well known event in the British Open Rally Championship.
In 1998, the Isle of Man released the Isle of Man Car Circulation £2 coin featuring three old-style race cars on the track.
1981
The first Isle of Man TT 50p issued in 1981 features famous motorcyclist Joey Dunlop.
Only 5,000 coins of this design were struck. Were you lucky enough to find this in your change on the Isle of Man? Let us know in the comments below!
Do you have any Isle of Man TT races coins in your collection? Let us know in the comments below!
Secure the 2023 Isle of Man TT Races £2 Coin for your collection!
Your 2023 Isle of Man TT £2 Coin has been struck to a Superior Brilliant Uncirculated condition and is carefully encapsulated in official Change Checker packaging.
We only have a small initial allocation, so now’s the time to join the race to secure your 2023 Isle of Man TT £2, whilst stocks last!
Sir Isaac Newton 50p becomes EVEN MORE collectible
The Sir Isaac Newton 50p is one of the most popular 50ps in circulation. Shortly after it was issued in 2017, it ranked as the second rarest 50p in circulation after the Kew Gardens 50p, with a mintage figure of just 1.8 million.
Due to its huge popularity, the following year The Royal Mint announced that collectors would be able to strike their own 2018 dated Sir Isaac Newton 50p at The Royal Mint Experience. The 2018 dated coin became one of the rarest 50ps, as the only way to get one was to strike your own.
What makes this 50p so popular?
The coin’s incredibly detailed reverse design by Aaron West is based on elements of Propsition 11, in Book One of Newton’s Principia Mathematica. It also pays tribute to the legacy of Sir Isaac Newton, a genius of the Scientific Revolution and one of the most famous figures to ever hold the role of Master of the Mint.
Change Checkers even voted the 2017 Sir Isaac Newton 50p as their all time favourite Queen Elizabeth II circulating 50p in a poll last year.
An interesting error
As if this coin’s incredible popularity, intricate design and low mintage figure weren’t enough to make it extremely collectible, there’s something else you should look out for...
Several collectors have reported finding an error on their 2017 Sir Isaac Newton 50p. The reverse design looks normal, however the obverse appears to have several extra lines across Queen Elizabeth II’s portrait.
Credit: @The50pC on Twitter
This is thought to be an error caused during the striking process, a result of what is known as a die clash. Interestingly, the extra lines aren’t grooves scratched into the surface of the coin, but rather ‘whiskers’ standing slightly proud of the surface.
How rare is it?
Although we don’t know for sure how many of these error coins are in circulation, they’re thought to be extremely rare. They’ve even been listed on the secondary market for more than 100 times face value!
Always make sure you’re careful buying coins on the secondary market to avoid being overcharged.
Have you ever found an error coin in your change? Or perhaps you have this one? Let us know in the comments below!
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Your guide to collecting King Charles III coins
Since the passing of Queen Elizabeth II in September 2022, there’s been a huge shake up in the numismatic world. Not only have collectors been rushing to secure the very last coins featuring the late Queen, but wanting to be the first to own new coins bearing King Charles III’s effigy.
Here are some tips to guide you in building your King Charles III coin collection.
1. Use cash
It may seem obvious, but the best way to increase your chances of finding a King Charles coin in your change is to use cash. And where possible, ask for your change to be given in the denominations you’re interested in.
For example, if you’re looking for the Queen Elizabeth Memorial 50p, which is the first coin to enter circulation featuring the King on the obverse, ask for your change in 50ps.
2. Look closely
Make sure you’re looking closely at the coins in your change to check whether you have a commemorative coin, especially one featuring His Majesty.
The most obvious difference will be the effigy on the obverse of the coin. But it’s also a good idea to familiarize yourself with the reverse designs of commemorative coin so you know what you’re looking out for.
3. Do your research
The best way to identify coins you’ve found in your change is by using our Change Checker Web App.
Simply select the denomination, year and obverse monarch of the coin you’ve found to view all the possible coins it could be. You’ll find information like mintage figures and facts about the theme or designer.
You can also find much more information about your coin on our blog.
4. Check our scarcity index
Something else you’ll find on our web app is where each coin ranks on our scarcity index.
We combine mintage figures with how often a coin has been listed in collections to determine how scarce and sought after each coin is. Our scarcity index is updated quarterly as there can be some pretty big shake ups in the rankings.
5. Swap with others
If you’re looking for a specific coin and aren’t having any luck finding it in your change, you can use the swap centre on our web app or our Facebook community group to swap coins with other collectors.
Who knows, someone else might just have the coin you’re looking for!
Happy Hunting!
So there you have it, 5 tips you can use to start collecting King Charles III coins!
You may already have an impressive collection including some new King Charles coins. If so, post a photo of yours on social media and tag us, we’d love to see them!
