Posts Tagged ‘Collecting’

January 2019 eBay Tracker Update

Buying and selling coins on the secondary market can be a bit of a minefield and excessive coin prices on eBay can leave collectors confused as to how much these sought-after coins are really selling for.

So we’ve simplified the process for you by sharing our UPDATED Change Checker eBay Tracker and Valuation Index for the Top 9 coins and banknotes …

Valuation Index

January 2019 eBay Tracker Update

 

Find out which coins and notes have been the key movers and shakers in the updated eBay Tracker below.

 

January 2019 eBay Tracker Update

 

There has been an overall increase in the price of our Top 9 most sought-after coins and notes, with the most notable increase going to the Jemima Puddle Duck 50p, which has jumped from an average sold price of £5.50 in June to £11.00 in January!

After dropping 19% last year, the Olympic Football 50p has now rocketed up by 29% and is also currently selling at £11.00. The Commonwealth Games Northern Ireland £2 and the Undated 20p have also seen improvement since June, with the £2 increasing by 20% to a phenomenal £31.00 and the 20p now selling for £50.00 on average.

Of course the highest selling coin of our Top 9 is the highly sought-after Kew Gardens 50p. This coin remains king, selling for an incredible £97.00, which is a 20% increase on June’s figures. There has been a lot of excitement regarding the 2019 re-issued Kew Gardens 50p coin which has led to increased press coverage of this coin, which could be a factor in the higher prices people are willing to pay to get hold of one for their collection.

 

January 2019 eBay Tracker Update

Kew Gardens 50p still selling for £97.00

 

You’ll notice with this update that the Inverted Effigy £2 has been removed and this is due to the fact that the rarity of this coin means very few are available and the prices are volatile. This combined with the fact that we have not been able to find 9 of these coins sold in a qualifying period means that it has been removed and replaced with the 2018 Sir Isaac Newton 50p.

Could this newcomer be the rarest coin on the eBay Tracker?

This newcomer to the eBay Tracker was only available at The Royal Mint Experience as a Strike Your Own Sir Isaac Newton 50p coin and the mintage figures are unknown, but due to the short time frame and visitor numbers, there could well be substantially less than 210,000 of these coins struck, meaning the 2018 Sir Isaac Newton 50p coin could very possibly have a lower mintage figure than even the Kew Gardens 50p! And this is certainly reflected in the price people are willing to pay for the coin, with an average sold price of £59.00.

 

January 2019 eBay Tracker Update

2018 Sir Isaac Newton 50p selling for £59.00

 

Whilst the average sold price for the 92/93 EEC 50p remains unchanged at £56.00, the 2015 Britannia is the only coin in our Top 10 to have decreased in value since June, with a decrease of 20% meaning the average sold price is now £4.00.

Both banknotes in our Top 10 have also taken a hit, with the AA01 Polymer £5 slipping from £14.50 to £10.00 and the AA01 Polymer £10.00 from £18.00 to £15.00. However we must remember that this is still double the face value of the £5 note and 1.5X face value for the £10, which certainly isn’t a bad profit to be made!

So now that you’re up to date with our latest eBay Tracker, will you be selling any of the coins in your collection or will you continue to save them? Let us know in the comments below.

How does the eBay Tracker work?

The Change Checker eBay Tracker takes the last 9 sold prices achieved on eBay and gives the median price achieved (rounded to the nearest 50p). By taking the median, rather than an average, we avoid skewing created by one or two excessive prices achieved.

Please note that the Change Checker eBay Tracker is only ever designed to be a guide as to prices achieved on eBay. Prices may vary depending on collector demand and the quality of the coin being sold. It does not provide any guarantee as to future values of coins.


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

January 2019 eBay Tracker Update

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

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.

How much is my coin worth? - A five point guide.

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.

How much is my coin worth? - A five point guide.

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.

How much is my coin worth? - A five point guide.

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.

How much is my coin worth? - A five point guide.

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.

How much is my coin worth? - A five point guide.

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.

How much is my coin worth? - A five point guide.

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

How much is my coin worth? - A five point guide.

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

When will the 2017 coins be released into circulation?

Change Checkers are often asking me, “when will the 2017 coin designs be released into general circulation?” 

£2 pound, 2 pound, two pound, 50p, 50 pence, fifty pence

The UK 2017 Coin Designs

So, I have compiled a list below showing which coins are now available in your change and those that are still to be released.

The list will be updated as soon as we get confirmation from The Royal Mint that any new coins have entered circulation.

2017 circulation coin release dates

  • WWI Aviation £2: A small amount released in September (Duxford Airshow), full release TBC
  • Jane Austen £2: A small amount released in July (Winchester Cathedral), full release  TBC
  • Peter Rabbit 50p: September 2017
  • Jeremy Fisher 50p: TBC
  • Tom Kitten 50p: December 2017
  • Benjamin Bunny 50p: December 2017
  • Sir Isaac Newton 50p: June 2017

It’s worth noting that coins are only released into general circulation as and when they are required by the banks.

If you find yourself asking, “When are the 2017 coins released into circulation?”, this is the place to check!

If you find any of the 2017 coins in your change, especially those that are still to be released into circulation, we’d love to hear from you.

You can send us an email to info@changechecker.org or visit our Facebook, Twitter or Instagram page.