Posts Tagged ‘Kew Gardens’

Real, Fake and Re-issued… The inside story on the Kew Gardens 50p!

In the world of coin collecting, there’s one 50p in particular which is prized above all others. The one coin collectors strive to add to their collections… The Kew Gardens 50p.

We’ve taken a look at the inside story of this famed 50p to give you all the details you need to know about the coin – real, fake and re-issued…

Celebrating the 250th anniversary of the Royal Botanic Gardens at Kew

 

 

Released by The Royal Mint in 2009 to celebrate the 250th anniversary of the Royal Botanic Gardens at Kew, the striking design by Christopher Le Brun RA features the famous Chinese Pagoda at Kew entwined by a decorative leafy climber. It’s an image I’m sure many Change Checkers are familiar with, but not every Change Checker has been lucky enough to find one, and that’s because the mintage figures for this coin are so low…

The scarcest UK coin in circulation

In 2014, The Royal Mint revealed that only 210,000 Kew Gardens 50p coins had been struck, making it the scarcest UK coin in circulation.

Until this point, the coin had been somewhat overlooked, but once collectors realised just how rare this coin really was, the race was on to find one in their change – a challenge which to this day has coin collectors hunting far and wide for the chance to find one.

It’s estimated that just 1 in 300 people are likely to come across the Kew Gardens. When you compare its scarcity to the average 5 million coins per design usually issued into circulation, you start to really understand just how rare this coin is.

 

change checker 50p mintage graphs blog images - Real, Fake and Re-issued... The inside story on the Kew Gardens 50p!

 

Whilst we don’t know for sure why so few coins were struck, we do know that The Royal Mint strikes new coins to meet the demand from cash centres, banks, Post Offices and distribution centres and perhaps demand was low that year. This might also have been in preparation for the 29 50p designs that would be released a few years later for the London Olympics. 

It’s important to mention that there were also 128,364 Brilliant Uncirculated Kew Gardens 50p coins minted, meaning the rarity of the Kew Gardens design lies in its circulating form, rather than with the uncirculated coins.

Selling for almost 200 times face value

Those that have come across the Kew Gardens 50p have the opportunity to make a tasty profit on the 50p, with our eBay Tracker figures showing the average sold price for the coin at £97, with some in good condition still selling for over £100!

Bidders have driven phenomenal prices for the Kew Gardens 50p on eBay, which continues to sell at almost 200 times face value. However, there are chancers out there that have been seen to list the coin for eye watering amounts in the thousands! As our blog debunking eBay coin prices explains, whilst a coin might be listed for a high price, it is actually unlikely to have sold for this price. However, high priced coins on eBay often draw attention from press articles, which further feeds into the hype surrounding the coin.

 

kew for sale - Real, Fake and Re-issued... The inside story on the Kew Gardens 50p!

Kew Gardens selling for £1,000. Credit: eBay

 

Beware of fakers

Unfortunately for collectors, fake Kew Gardens 50p coins are out there and to the untrained eye they can be tricky to spot… Take a look at the infographic below to find out what you should be looking for to spot a fake Kew Gardens 50p:

 

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Re-issued Kew Gardens 50p

Towards the end of 2018, The Royal Mint announced that the coin would be re-issued in 2019 as part of the 50th anniversary of the 50p coin set and unsurprisingly when these coins became available yesterday they were snapped up by collectors in a matter of mere hours!

The set has been made available in base Proof, Silver Proof and Gold Proof specifications, at a very limited number. In fact, the full range of 3,500 base Proof sets, 1,969 of the Silver and just 75 Gold sets have completely SOLD OUT!

Will the 2009 Kew Gardens 50p become less valuable?

Some collectors have been nervous that re-issuing the Kew Gardens 50p will cause the value of the original 2009 coin to drop. We can confidently say that due to the fact the new coin will be dated 2019, the scarcity of the original 2009 dated coin will not be affected and this will continue to be the UK’s scarcest coin currently in circulation.

 

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50 years of the 50p Base Proof set

 

Have you been lucky enough to find a Kew Gardens 50p in your change? Let us know in the comments below.

 


 

Own the Masterpiece 50p Collection

 

296v amend - Real, Fake and Re-issued... The inside story on the Kew Gardens 50p!

 

The Masterpiece 50p collection is a superb example of the variety in British numismatic craftsmanship over the last 20 years, with themes ranging from the UK’s entry to the EEC to marking the 950th Anniversary of the Battle of Hastings. Our stock is very limited – so please be quick to reserve your set!

Click here to secure your collection >>

 

SOLD OUT TWO HOURS – The UK’s scarcest 50p just became even harder to get hold of!

To celebrate 50 years since the release of the first seven sided coin in 1969, today The Royal Mint has released a set of five carefully curated commemorative edition 50p coins, including the UK’s most sought-after 50p in circulation, the Kew Gardens.

But within just two hours since going on sale, the overwhelming response from collectors has seen the entire range of Base Proof, Silver Proof and Gold Proof sets completely sell out!

The highly anticipated 50 years of the 50p set is undeniably appealing to collectors and you can find out why these coins sold out so quickly below…

 

The UK’s first seven sided coin

It was in 1967 when the Deputy Master of The Royal Mint approached the Decimal Currency Board to discuss the introduction of a new coin as a more economical replacement for the 10 shilling note, which was only lasting five months in circulation at the time, compared to the fifty year lifespan of a coin. With much difficulty and debate to decide upon the best shape, the seven sided design was finally chosen and released as the first coin in the new decimal series.

The original reverse was designed by Christopher Ironside and featured the seated Britannia alongside a lion. This coin was issued between 1969 and 2008, after which The Royal Mint held a public competition to redesign the reverse of UK coins, with Matthew Dent’s winning shield design featuring on the reverse of definitive 50p coins since.

It seems only fitting therefore that the first 50p chosen to commemorate the coin’s 50th birthday is the ‘New Pence’ Britannia featuring Ironside’s design, a firm favourite for collectors, representing a numismatic milestone for Britain.

Britannia 50p

1989 Old Britannia 50p - SOLD OUT TWO HOURS - The UK's scarcest 50p just became even harder to get hold of!

1969 Britannia ‘New Pence’ 50p

 

Alongside the definitive Britannia design, commemorative 50ps have been issued throughout the years to mark the various significant British anniversaries.

Within this set you can see not only the Britannia, but also the Girl Guides 50p which was issued in 2010 to celebrate 100 years of Girlguiding in the UK, the Scouting 50p which was issued in 2007 to mark 100 years of Scouting in the UK, the Kew Gardens 50p which was issued in 2009 to commemorate the 250th anniversary of the Royal Botanic Gardens, Kew and the Roger Bannister 50p which was issued in 2004 to mark the 50th anniversary if the first four minute mile.

 

Base Proof set

 

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50 years of the 50p Base Proof set – SOLD OUT WITHIN TWO HOURS OF LAUNCH

 

These retrospective reverse designs taken from the last 50 years create a wonderful set of coins to commemorate the 50p coin, however we all know that the coin collectors are most excited about is the re-issue of the Kew Gardens 50p.

 

UK’s scarcest 50p

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Initially when the coin was released in 2009 its rarity was overlooked, however in 2014 The Royal Mint revealed just how scarce this coin really is, with only 210,000 coins being struck. From this moment, prices on the secondary market began to skyrocket and collectors have since been desperate to add the coin to their collection, regarding the coin as one of the biggest prizes in the collecting world.

And whilst the 2019 re-issue of the most highly collected UK coin could have been a chance for collectors who have not already got this coin in their collection to finally own one, the very limited number of sets available means that this coin has already been snapped up by those lucky enough to secure the collector’s edition of the coin in Proof quality as part of the five coin commemorative set.

 

Gold set

 

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50 years of the 50p Gold Proof set – COMPLETELY SOLD OUT IN TWO HOURS!

 

The set has been made available in base Proof, Silver Proof and Gold Proof specifications, at a very limited number. In fact, the full range of 3,500 base Proof sets, 1,969 of the Silver and just 75 Gold sets have completely SOLD OUT!

It comes as no surprise that this set has been received so well, but what do you think about the coins featured and were you lucky enough to secure one for yourself?

 


 

Own the Masterpiece 50p Collection

 

296v amend - SOLD OUT TWO HOURS - The UK's scarcest 50p just became even harder to get hold of!

 

The Masterpiece 50p Collection is a careful selection of some of the most sought-after 50p designs from the last 15 years, with themes ranging from the UK’s entry to the EEC to marking the 950th Anniversary of the Battle of Hastings.

Click here to secure your collection >>

How scarce are your coins? Here’s our latest Scarcity Index update!

The first Change Checker Scarcity Index update of 2018 is here. The 50p and £2 Scarcity Indexes have been compiled using data from the first three months of the year.

We’ve added a 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

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Kew Gardens remains the most scarce UK 50p coin which is not surprising with a mintage figure of just 210,000. There are a number of coins which have moved up the index quite significantly, such as Shooting, Pentathlon and Hockey, all part of the 2012 Olympic series.  Also, Triathlon moves it into the top 3, replacing Judo.

Sailing and Wheelchair Rugby, part of the same series, have not performed as well and both have move down 5 places.

Jeremy Fisher makes its debut in our Scarcity Index with a score of 14, making it the third scarcest Beatrix Potter coin behind Jemima Puddle-Duck and Tom Kitten.

£2 Scarcity Index

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There’s not a huge amount of movement in this quarter’s update and also no new coins have been added. The 2017 WW1 Aviation and Jane Austen £2 coins are yet to enter circulation.

The Commonwealth Games Wales coin retains its spot at the top of the £2 Scarcity Index with Scotland moving up to 2nd. Interestingly Northern Ireland drops down to 4th place due to far less swap demand than the other 3 coins in the 2002 Commonwealth Games series. In fact, in this quarter, the Northern Ireland coin was requested to swap almost 50% less than the Wales, Scotland or England.

There’s a particularly strong performance from the Florence Nightingale and Paddington Station coins, each moving up 7 places.

The First World War Centenary (Army) is the worst performing coin, moving down three places.

What about the A to Z 10p coins?

Unfortunately, at present, there is simply not enough data to accurately compile an A to Z 10p Scarcity Index. However, we have a few early indicators to show which 10p coins may become the most scarce in future.

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The three A to Z 10p coins that most people have in their collection are B-Bond, A-Angel of the North and H-Houses of Parliament. As people are struggling to find these coins in their change, the majority of coins in people’s collections would have been ‘Early Strike’ coins that they have purchased. Therefore this would indicate that, at this stage, these three designs are amongst the most desirable.

Most requested to swap 1024x618 - How scarce are your coins? Here's our latest Scarcity Index update!The three A to Z 10p coins that most people are looking to add to their collection are E-English Breakfast, A-Angel of the North and F-Fish and Chips. Interestingly, A-Angel of the North appears on both lists meaning that, at this very early stage, it’s arguably the most popular A to Z 10p coin.

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.