Posts Tagged ‘Coin’
Is football finally coming home? Official 2018 FIFA World Cup Russia™ Commemorative Coins released into circulation
England are in the FIFA World Cup™ semi-finals for the first time in 28 years and the country is going berserk – football could finally be coming home!
It was a nail biting progression from groups to final 16 and then the quarter-finals and now as we find ourselves approaching the semi’s against Croatia, the hopes of the nation are resting on the England team.
As we think back to ‘66 we remember the glory of victory and look to the semi-finals with hope for our second ever World Cup win!
Winning the 1966 World Cup. Credit: fifa.com
The FIFA World Cup™ is watched by over 700 million people and is the single biggest sporting event across the globe.
You don’t have to be a football fan to be swept along by the mania and support for our team, as chants of ‘football’s coming home’ ring out up and down the nation and the country prepares to watch the semi-finals against Croatia on Wednesday.
If this is to be our year, Official collectables will be massively sought-after – and not least these. Two of the 2018 FIFA World Cup Russia™ coins issued for the tournament.
These have been released into circulation over there but are still incredibly hard to get hold of.
Featuring the Official FIFA World Cup™ Emblem and World Cup Trophy, only a limited number of these coins are available and with the football frenzy that’s gripped the nation, we’re sure these will be hugely popular amongst coin collectors and England supporters alike.
Whatever the result of tomorrow’s match, the 2018 FIFA World Cup™ has shown the world who we are and how we play.
There’s an incredible buzz and excitement as England seizes the opportunity to bring it home and let’s hope that they do us proud!
BRING FOOTBALL HOME with the 2018 FIFA World Cup™ Commemorative Coins
You can now own both 2018 FIFA World Cup™ Commemorative Coins in uncirculated quality for just £9.99 with FREE POSTAGE!
We only have a limited number available, so act quick to secure yours here >>
Five Fun Facts about US coins for American Independence Day!
Today is American Independence Day and we thought there could be no better way to join in the 4th of July celebrations than to share five fun facts you might not know about US coinage!
1) The reverses are struck upside down.
Did you know that on US coins, the reverses are stuck upside down? This is arguably due to the fact that originally, the Mint wanted to differentiate their coins from their medals. The medals’ faces are struck with the same orientation as they are supposed to be worn, and therefore when rotated, still show an upright image.
Upside down reverses. Credit: coincommunity.com
2) By law, US coin designs must give “an impression emblematic of liberty.”
The USA, as a nation, are well known for being one of the most patriotic countries in the world. They uphold strong values of liberty and freedom, from everyday life to sporting events and even on their coinage! As a result of this, US coin designers are legally required to display an impression emblematic of liberty in their coin designs.
Statue of Liberty, a true symbol of patriotism.
3) The coinage act of 1792, establishing the U.S. Mint, made defacing, counterfeiting, or embezzling of coins by Mint employees punishable by death.
The death penalty is still legal in 31 US states and the coinage act of 1792 is still in place today. This states that any Mint employee caught defacing, counterfeiting or embezzling coins can be, in theory, sentenced to death. Whether or not this would be upheld in today’s court of law is debatable.
Defaced coin. Credit: pinterest.co.uk/crumley1065/the-coin-box
4) Origin of the “buck”.
This well-known slang term for an American dollar is thought to have originated in the early US frontier days when the hide of a male deer (a buck) was common currency, due to the scarcity of coinage. The term has since been adopted into everyday language and certainly seems to be here to stay for a while!
Buck. Credit: state.nj.us
5) The U.S. Mint’s coin production has grown over 131,000,000% since production first started in 1793.
The US Mint’s operation has grown and advanced greatly since the first mintage in 1972, when production consisted of 11,178 copper cents. Today the Mint produces an average of 14.7 million coins per day. The first mint in Philadelphia actually used horses to drive the machinery, whereas today, much more modern techniques are used and greater numbers of coins can be produced.
So there we have it, five fun facts about US coinage! Whether they come in handy at your next quiz night, give you something interesting to bring up in conversation, or even spark your interest in collecting US coins, we hope you’ve enjoyed finding out more about US coins.
Own the US Coin Pack today!
If this has sparked your interest in US coins, why not own the coin pack containing 6 US coins from the 1 Cent to the 1 Dollar? Each coin is protectively encapsulated in display packaging with an image of the iconic Grand Canyon and additional information about the USA and their coinage.
How much is my coin worth? – A five point guide.
How much is my coin worth? It’s a question I’m asked multiple times each day, and with some coins selling for many times their face value, I understand why you’d be keen to know.
The truth is, it’s very hard to tell you exactly what your coin is worth as it depends on so many variants. Coins are no different to any other kind of collectible in many ways; there are certain criteria which you should always look out for, which can help you to determine how collectible or valuable your coin is.
Often it’s a very difficult question to answer but with a little bit of detective work you should be able to work out an accurate value for your coin. I’ve put together some useful tips, in our 5 point guide below, to get you started:
1. Change Checker Scarcity Index
The first place to start is our Change Checker Scarcity Index. I believe this to be the single most accurate way of determining how scarce your coins are. Whilst it doesn’t give you an actual value we know that the value of a coin is directly linked to scarcity.
The Change Checker Scarcity Index is a very useful tool to help value your coin
Historically, when trying to determine the scarcity of a coin, the mintage figure was considered the most accurate indicator. Whilst the mintage figures are undoubtedly important, our Scarcity Index also takes into consideration some very useful data from our Change Checker web app.
We combine 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.
It’s very simple to work out how scarce your coin is, each coin is given a score out of 100, the higher the score the more scarce that coin is.
2. eBay is best
Once you’ve determined the scarcity of your coin the next step would be to take a look at what has recently sold on eBay. It’s very important that you make sure you look at ‘recently sold’ coins and not just those that have been listed. Essentially, anybody can list a coin on eBay and charge whatever amount they wish.
By checking the recently sold items (and I’d suggest you look at the previous 3-5 coins sold) you will get an accurate indication of what people are willing to pay for a particular coin.
Make sure you look the ‘Sold Listings’ on eBay to check the price people are paying for coins.
Also, if you are looking to sell any coins in your collection, I’d definitely recommend eBay as the easiest, and importantly, the most secure platform to do this.
3. Are your coins still available to buy in BU quality?
Next, it’s worth checking if the coin in your collection is still available to purchase in superior Brilliant Uncirculated quality from an official Royal Mint distributor. If it is still for sale, it’s unlikely that people would purchase a circulation quality coin for the same price.
If Brilliant Uncirculated coins are still available to purchase, it’s unlikely people will buy a circulation quality coin.
If there are no longer any BU coins available to buy, this will work in your favour as collectors will then look for circulation quality coins to add to their collections.
4. Coin condition
It’s definitely worth checking the condition of your coin as this will, almost always, have an effect on the value. It’s no surprise that collectors favour the more pristine coins to those that are showing signs of wear and tear due to circulation.
The condition of your coin will likely affect its value.
However, your coin’s condition is not the be all and end all; it’s very rare to find a circulation 2002 Commonwealth Games £2 coin in good condition yet these sell for many times their face value.
5. Is there a story?
This can often tie-in with rarity, as the coins with a good story behind them tend to be the ones which are difficult to get your hands on! The “undated 20p” is a recent example of a such a coin. It is known as a ‘mule’ – a coin with a mismatched obverse and reverse (heads and tails). The name derives from a mule being the hybrid offspring of a horse and donkey.
The ‘undated 20p’ generated a huge amount of media coverage resulting in coins selling for many times their face value.
In 2008 when the reverse of the 20p coin changed to the new Royal Shield design, approximately 100,000 coins were accidentally struck with the previous obverse die and therefore there was no date on the coin.
In a similar way to the Kew Gardens story, some of the prices being quoted as a result of media coverage were extraordinary. Mules are highly sought after by collectors, and an undated 20p will certainly be worth more than its face value in years to come.
It’s always good to remember that if your coin is legal tender, it will always be worth at least its face value.The good news…
That’s why I think change collecting is the best hobby you could have!
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