Posts Tagged ‘Rare’
Could your £1 coin be worth 10 times its face value? The rarest £1 coin revealed
The very first £1 coin was issued in 1983 following decimalisation, and for many, the introduction of the £1 coin marked the beginning of their collecting journey. From 1983 until 2017, there were 25 different round pound coin designs issued, until they were removed from circulation in 2017 and replaced by the 12-sided bimetallic £1 coin that we use today. And in 2024 we saw the very first £1 coin featuring King Charles III enter circulation with the Bee £1!
But out of all the £1 coin designs issued over the last 42 years, which is the rarest?
£1 Mintage Figures
Scarcity cannot be determined on mintage figures alone, so we created our Scarcity Index which combines this with real collector demand, measured by Change Checker swap data. Our £1 Scarcity Index was set in stone in 2017 following the withdrawal of round pounds from circulation, which you can see here >>
Rarity, however, relates to how many of each coin design were in circulation for collectors to find. And whilst all round £1 coins are no longer in circulation, we can still look at their mintage figures to determine which would have been the hardest to come across.
The rarest £1 coin design
With a shockingly low mintage of just 935,000, the 2011 Scotland: Edinburgh City claims the title of rarest £1 UK coin design!
At just shy of 1 million, you might think the mintage doesn’t seem particularly low, however when compared to the Royal Arms £1 which has a total mintage of 623,304,510 across the years it was issued (1983, 1993, 2003 and 2008) – you would have had to be incredibly lucky to find one in your change!
This coin was part of the Capital Cities series which featured four designs, each representing one of the constituent countries. The reverse designs, by Goldsmith and Jeweller to the Queen, Stuart Devlin all feature the official badges of the capital cities of the United Kingdom, the Scotland: Edinburgh City £1 featuring Edinburgh Castle and rock in the centre, with three flags flying from the towers.
The Wales: Cardiff City £1 comes in second place with a mintage of 1,615,000 and the England: London City £1 is the third rarest with a mintage of 2,635,000. So the Capital City series is sure to be a popular ones with collectors looking for a rare gem!
How much is an Edinburgh £1 worth?
Although round pound coins were withdrawn from circulation in 2017, it was reported in 2020 that almost 170 million round £1 coins didn’t make it back to the Royal Mint. So whilst they’re no longer legal tender, they can technically still be found in your change!
And if you have an Edinburgh £1 in your collection, it could fetch you a pretty penny on the secondary market.
A look at recent sold listings on eBay revealed that a 2011 Scotland: Edinburgh City £1 could fetch you up to £9.99, almost 10 times its face value!
Do you have any rare round pound coins in your collection? Let us know in the comments!
Gaps in your round pound collection?
If you’re missing any of the 25 round pound designs, our Mystery Round Pound bundle is the best way to fill any gaps. Each bundle includes 3 random round pounds, meaning you’ll have all the fun of a coin hunt, plus you can save up to 17% compared to buying them individually!
Try your hand at our Mystery Round Pound Bundle for just £20 post free! >>
Could this Bee a new error £1 coin?
2.975 million King Charles III Bee £1 coins entered circulation in August 2024. Since then, the race has been on to track down these new coins creating a buzz in the collecting world!
Many collectors have already been lucky enough to come across the Bee £1, but perhaps none so lucky as Diane Bath, who spotted a rare error on one of the coins…
The error coin causing a buzz
Diane runs The Post Office in Broughton-in-Furness, Cumbria, where she found a King Charles III Bee £1 struck in entirely one colour!
The image below shows the single metal coin, without the silver-coloured inner piece seen on standard United Kingdom £1 coins:
£1 coins are struck from a nickel-brass outer ring and an inner piece made from a nickel-plated brass alloy. It’s possible that this error coin was created due to the inner section not being punched out of the nickel-brass before the coin was struck. For confirmation of this, we’d suggest sending the error coin to The Royal Mint for verification.
Diane, a postmistress of over 20 years, told the press: “I am absolutely over the moon. Obviously we handle cash all the time and it’s the most exciting find I’ve ever had in over two decades.”
Worth a pretty penny
The coin was auctioned on 18th October by Ryedale Auctioneers, and whilst it had an estimated value of £500-£800, it actually sold for £1,250!
Image Credit: Ryedale Auctioneers
A similar error occurred when the first 12-sided £1 coins were released back in 2017, although only a small handful of these error coins were ever found. Reportedly, one such error coin sold for over £2,000 at auction!
Ultimately, the selling price of a rare error item like this at auction depends on how much a collector is willing to pay to get their hands on it. So remember, if you’re looking to secure an error coin on the secondary market, always do your research and be aware of fakes before you buy.
Have you spotted any errors on the new King Charles III coinage? Let us know in the comments below!
Secure the Complete Set of New UK Coinage!
Whilst the Bee £1 and Salmon 50p can now be found in your change, it could be years until all 8 coins can readily be found in circulation…
So don’t miss out! Own the complete set now, with each coin including a special privy mark to set them apart from the coins in your change!
Secure the complete collection for just £32.50 + (p&p) here >>
Why are the Olympic 50ps so Sought-After?
As we look ahead to the 2024 Paris Olympic Games this year, I can hardly believe it’s been more than 10 years since London 2012!
Not only was this a pivotal moment in Britain’s sporting history, but it also marked a significant moment in the collecting world – inspiring the nation to check their change and join the hunt for the 29 different sporting designs to be found…
The UK Olympic 50p Series
Without doubt, this 29 coin series created a frenzy, and not just among collectors… Millions rose to the challenge of collecting all 29, and for many, this marked the start of their interest in coins.
So popular were these 50ps, that The Royal Mint estimates as many as 75% of them have been removed from circulation by collectors!
But are you lucky enough to have any in your collection and which ones should you really be looking out for?
What is the rarest Olympic 50p?
Olympic 50ps have long been a favourite amongst collectors, not only for their exciting theme, but also the thrill of tracking down these rare coins. Minted in much lower quantities than the standard 50ps you can find in your change, it really has been somewhat of a treasure hunt trying to find these coins!
In fact, as the rarest of them all, only 1,125,500 Football 50ps entered circulation! This is definitely the rare one to look out for. Closely following the Football 50p, you’ll see the Wrestling, Judo, Triathlon and Tennis coins – each with a mintage less than 1.5 million.
However, are there Olympic 50ps out there even rarer than these? To find out we must look beyond The Royal Mint’s official circulation figures…
The withdrawn Aquatics ‘error’ Olympic 50p
Did you know that the Aquatics 50p which we are familiar with today is actually a modified version of the coin design?
The original version featured waves passing over the swimmer’s face, but was withdrawn from circulation and the design adapted to make the face more visible. However, there are still a few out there…
Although the exact quantity of the original Aquatics design remains a mystery, it has been known for these special coins to exchange hands for close to £1000… not a bad return on a 50p coin!
2009 Athletics Olympic 50p
In 2009, nine-year old Florence Jackson became the youngest person to design a coin for circulation in the UK. Her Athletics Olympic 50p design was the ultimate winner of a Blue Peter competition.
Although you may recognise this coin, you may not know that a rare version of this coin exists. When the competition winner was revealed, only 100,000 special edition Blue Peter coin packs were released with a 2009 dated coin – making it the only Olympic 50p without a 2011 date.
In fact, so few of these packs were issued, that it makes this 2009 Athletics Olympic 50p more than twice as rare as the famous Kew Gardens 50p!
The Gold Olympic 50ps
Did you know that a gold version of the coin was presented to the respective artist of each design?
It is without doubt that the gold versions of each 50p remain the rarest of the entire series. But, unfortunately for collectors, obtaining one of these is nearly impossible as only one gold version of each design was presented to the respective winning designer.
Aside from the precious metal content, their unique status and significance rank them as potentially the most valuable UK 50p coins in existence!
Continuing Your Olympic 50p Collection
To the delight of many Olympic 50p collectors, in 2016 The Royal Mint issued a special 50p to wish Team GB success for the Rio Olympic Games.
The coin’s obverse features a swimmer with the Team GB logo, the Olympic rings and the inscription ‘TEAM GB’. Designed by Tim Sharp, the coin was officially endorsed by Team GB and celebrated the spirit of British Olympians – a must have for all Olympic 50p Collectors.
But it doesn’t stop there!
Dual-Dated Team GB 50p
Back in 2020, a new Team GB 50p was released as part of the 2020 Annual Coin Set to celebrate Team GB’s participation in the Tokyo Olympic Games.
However, due to the coronavirus pandemic and the postponement of the Olympic Games to 2021, this 50p was never individually released in 2020…
Excitingly, this meant that there were two versions of the coin – one with the obverse dated 2020 from the 2020 Annual Coin Set and one with the obverse dated 2021 from the coin’s individual release!
This makes the 2021 UK Team GB 50p one of only a small handful of UK 50ps to feature a dual-date – only adding to its collectability!
The Latest Olympic 50p
This year, as we look ahead to the Paris Olympic Games, The Royal Mint has issued a new 50p to celebrate our British Olympians and Paralympians.
On the reverse are 2 geometric athletes in action set against the Union flag. If you look closely, you’ll also see the Eiffel Tower at the bottom, a nod to the city where the games will take place.
This coin has been issued in the 2024 Annual Coin Set and is the first of the UK’s sporting 50ps to feature King Charles III on the obverse.
You can bet that Olympic 50p collectors will eagerly be awaiting the individual release of this new coin, but will you be adding it to your collection? Let us know in the comments below!
Secure the 2024 50p in this year’s Annual Set!
If you can’t wait to get your hands on the 2024 British Olympians and Paralympians 50p, you can add all FIVE new coins to your collection for JUST £42 (+postage), simply click here >>
Each coin has been struck to a superior Brilliant Uncirculated quality and is protectively encapsulated in official Change Checker packaging, housed in a display page ready to slot into your Change Checker Album.