Posts Tagged ‘definitive designs’
The rarest 50p and £2 coins revealed! UPDATED UK mintage figures.
As collectors, we often find ourselves focusing on the commemorative coins that turn up in our change, but how often do we pay attention to the definitive designs?
We wouldn’t normally combine definitive and commemorative mintage figures into one chart, however the comparative figures give us an interesting insight into the change in our pockets and actually go to show why the definitive coin designs deserve your attention…
50p Mintage Figures
Our latest charts featuring the updated commemorative coin mintage figures for circulation coins revealed the 2017 Sir Isaac Newton 50p as the second rarest UK 50p in circulation after the Kew Gardens, with a mintage of just 1,801,500. This knocked Jemima Puddle Duck off the second spot with a whopping 298,500 less coins being struck.
Change Checkers had already shown a great response to the Sir Isaac Newton coin, voting it their favourite coin design of the year in 2017. But now, as we delve deeper into the mintage figures for not only commemorative 50p coins but also the definitive designs, an unlikely rival has pipped the 2017 Isaac Newton to the post to claim the title of the second rarest UK 50p coin in circulation…
You might be surprised by the second rarest 50p in circulation…
The chart above features the mintage figures for every commemorative and definitive UK 50p coin in circulation and whilst the Kew Gardens still remains king, it came as a surprise that the second rarest 50p was actually a definitive rather than a commemorative design.
The 2017 Royal Shield 50p has a mintage of just 1,800,000 which means there are 1,500 less coins than the 2017 Sir Isaac Newton 50p. This is by far the lowest mintage figure for any definitive 50p coin, with the next rarest definitive coin having almost double the amount of coins struck – the 2008 Britannia with a mintage of 3,500,000.
Definitive 50p coin designs
Christopher Ironside’s Britannia design featured on all UK definitive coins from their first appearance in 1969 with the words ‘NEW PENCE’ inscribed above. The inscription was revised in 1982 to say ‘FIFTY PENCE’ and this design remained unchanged until 2008, when Matthew Dent’s Royal Shield design was introduced, featuring the third and fourth quarters of the Royal Arms.
It comes as no surprise that the majority of the definitive designs can be found towards the bottom of the chart, with the most common UK 50p in circulation being the 1997 Britannia. The old larger 50p and this smaller one were both dated 1997, however the larger coin was only struck as year sets, whereas the smaller circulated in very large numbers, with a mintage of 456,364,100.
The fact that the 2017 Benjamin Bunny commemorative 50p features in amongst the definitive designs goes to show just how many of this design were struck and how likely you’ll be to find one in your change.
We haven’t included the Olympic 50p coins in the mintage chart as this was a specially struck series, with low mintages figures for each coin. You can see the Olympic 50p mintage figures here >>
£2 Mintage Figures
When it comes to the £2 coins, the Commonwealth Games are some of the rarest in circulation. In fact, all four coins would be sat at the top of the mintage charts if it wasn’t for two 2015 coins…
The rarest definitive £2 coin revealed…
Many collectors will be aware of the 2015 Navy £2‘s low mintage figure of 650,000, making it the third rarest UK £2 coin in circulation, however many of us may not know that this coin is in fact joint third, as a definitive design from the same year also holds the same low mintage figure.
In 2015, the new definitive £2 coin was introduced, with a design featuring the Britannia, replacing the Technology design which had featured on the coin since 1997. Britannia has featured on a British coin in one way or another for more than 300 years, apart from after 2008 when she was dropped from the 50p coin. She received a welcome return to British coinage for the 2015 definitive £2, but with so few coins being struck, this coin has become the third rarest UK £2 coin in circulation.
The 2016 version of the coin had a higher mintage of 2,925,000, but this is still incredibly low when compared to the 1998 Technology £2, which has a mintage of 91,110,375.
Of course the most common £2 coin you’re likely to come across in your change is the Technology £2, which dominates the bottom of the chart. The rarest of the Technology £2 coins is actually the 2005 issue, with a mintage of 3,837,250, making it the eighteenth rarest UK £2 in circulation.
You may have noticed a lack of 2017 coins on the £2 chart as to date The Royal Mint haven’t confirmed if they will enter circulation. Based on The Royal Mint’s figures, we know that no 2017 Britannia coins were struck for circulation.
I was certainly surprised by the rarity of some of the definitive designs shown on the charts above and will be checking the dates of the coins in my change very carefully to see if I can find any rarer ones for myself, but will you be doing the same?
Your chance to own the 2017 Britannia £2
This coin wasn’t struck for circulation, however you can own this coin as part of the 2017 Royal Mint Annual set.
But you’ll have to be quick, as this set is no longer on sale at The Royal Mint.