Posts Tagged ‘scarcity’

August 2019 Scarcity Index update!

Discover how sought-after your coins are with the latest Scarcity Index update!

This information has been compiled using data from the Change Checker Swap Centre (find out how it works here) and presented in the easy to use indexes below, with arrows to signify how many places up or down a coin has moved since the last Scarcity Index.

A-Z 10p Scarcity Index

August 2019 Scarcity Index update!

There has been quite a bit of movement on the A-Z 10p Scarcity Index since the last update, which is to be expected as more of these coins start turning up in people’s change and duplicates are swapped.

Moving up 7 places to take the top spot on the index is Z for Zebra Crossing, which is now the most sought-after A-Z 10p.

Amongst the top 4 scarcest coins on the index is the N for NHS 10p, which has also jumped up 7 places, although the biggest upward movement actually goes to A for Angel of the North. This coin has managed to move up the index by 12 places and now sits in the middle of the pack.

Conversely, the biggest downward movement goes to K for King Arthur (previously at the top of the index) which has now dropped by 21 places to sit amongst the bottom 5 coins.

It’s important to note that the A-Z 10p Scarcity Index is currently based on estimated mintage figures, assuming each coin has been struck in equal quantities. This includes the extra 2.1 million coins released in 2019. It will certainly be interesting to see what happens to the index once the official mintage figures are confirmed.

50p Scarcity Index

August 2019 Scarcity Index update!

There’s no surprises at the top end of the 50p Scarcity Index, with the Kew Gardens remaining on top and the next top 5 coins remaining unchanged.

Whilst there has been some small movement amongst the Olympic 50ps, aside from the Kew Gardens, these coins dominate the top 17 places on the index.

In fact, the only non-Olympic 50ps to feature on the first half of the index are the Kew Gardens, Jemima Puddle-Duck, Sir Isaac Newton and Suffragettes 50ps, which remain in the same position as the last update.

The biggest upwards movement for the 50p index actually goes to Canoeing and the Battle of Hastings, both of which have moved up by 6 places.

The Battle of Hastings 50p was re-issued this year as part of the 50th Anniversary of the 50p Military Set, which might have increased demand for the circulation coin.

Both Fencing and Ironside 50ps have actually moved 8 places down the index since the last update, although it’s worth noting that Ironside moved up 9 places on the last index, so is mostly likely just settling back into place following increased popularity last quarter.

We’re eagerly waiting for when the mintage figures for 2018 coins will be released so that we can update the Scarcity Index and add some new coins into the mix!

£2 Scarcity Index

August 2019 Scarcity Index update!

There’s been quite a shuffle on the £2 index this quarter and whilst the Commonwealth Games Northern Ireland £2 remains on top, the other Commonwealth Games coins have had a move around.

In fact, the Commonwealth Games Wales £2 has now been overtaken by Olympic Centenary and King James Bible which have managed to break up the Commonwealth Games coins by pushing Wales down to 6th place on the index.

The biggest increase goes to the Gunpowder Plot £2, which has moved up the index by 7 places to now sit nearer the middle of the pack.

Rugby World Cup has taken a big hit this quarter and has actually moved down 10 places to second from the bottom.

This has effectively bumped up the bottom few coins by one or two places each.

It will be really interesting to see how the £2 index will change in future if more £2 coins enter circulation and mix up the rankings.

How your 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 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 200 times face value on eBay.

You can use the 6 point guide to help you determine a more realistic value for your coins.

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.


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

Change Checker Web App Banner 2 Amends 1024x233 1 1024x233 - Your January 2019 Scarcity Index update!

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

Recent £2 coin issues ranked amongst the most sought after by new Scarcity Index

Change Checker has released the first-ever scarcity index for £2 circulating coins. Following the recently published indexes for the Round £1 Coin and 50p Coin, the Scarcity Index tracks which £2 coins are the most scarce and collectable, using a unique combination of mintage, collecting and swap data to give the most up-to-date picture of today’s £2 collecting market.

Recent Issues are a hit with collectors

Recent £2 coin issues ranked amongst the most sought after by new Scarcity Index

Recent releases have proved a hit with collectors

Whilst all the mintage information is still not available for these issues, intense swap demand and limited numbers of collectors who list the coins in their collections, suggest they may number amongst some of the more sought after issues for years to come– surely a reflection of the UK public’s ever increasing interest in new coin issues.

Commonwealth Games tops the charts

Recent £2 coin issues ranked amongst the most sought after by new Scarcity Index

The four Commonwealth Games £2 coins top the Scarcity index

However, it’s the 2002 Commonwealth Games £2 Coin that tops the new Scarcity Index. Whilst almost 2,500,000 £2 coins were issued for the Games, it is only the most eagle-eyed collectors who fully understand the reason for their scarcity.

That’s because there is not just one Commonwealth Games £2 coin but in fact four different designs – only identified by a hardly distinguishable cameo design represented each of the UK’s constituent nations, Northern Ireland, Scotland, Wales and England.

The result is that rather than 2,500,000 coins being issued, the mintages range between 485,500 and 771,500, helping to cement the coins’ position at the top of £2 Scarcity Index.

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 Commonwealth Games Northern Ireland £2 coin commands a premium of 15 to 20 times face value of eBay.

As for the more recent issues that have made the top 10, it is perhaps too early to tell. But what is clear, is that more and more of the British public are checking their change in the hope of finding interesting or rare coins in their pocket – perhaps even the Commonwealth Games Northern Ireland £2 coin – you just have to be sharp-eyed.

What about £1 and 50p 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.  You can also visit the Change Checker 50p Scarcity Index, which will continue to be updated quarterly.

Recent £2 coin issues ranked amongst the most sought after by new Scarcity Index

 

To receive a FREE notification when the updated Scarcity Indexes are published (including the new £2 Scarcity Index), please complete your details below

50p “Scarcity Index” Launched – discover which UK 50p coins are the most collectable

Can’t wait – click here to reveal the UK’s “scarcest” 50p coin

Change Checker has launched the 50p “Scarcity Index”, which tracks which circulating 50p coins are the most scarce and collectable. 

The index uses a unique combination of mintage, collecting and swap data to give the most up-to-date picture of today’s 50p coin collecting market.

The top 5

There’s no surprise to find Kew Gardens at the top of the list.  With a mintage of just 210,000, it is also the least owned and most requested swap.  The next 4 scarcest coins are all from the 2012 Olympics – Football, Triathlon, Judo and Wrestling.

50p “Scarcity Index” Launched – discover which UK 50p coins are the most collectable

The recent Beatrix Potter 50p coins also rank highly, with Jemima Puddle-Duck and Squirrel Nutkin coming in at numbers 6 and 7 – based largely on their low level of ownership and high swap requests, as official mintages are yet to be confirmed by the Royal Mint.

50p “Scarcity Index” Launched – discover which UK 50p coins are the most collectable

Click here to see the full list

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 Beatrix Potter issues being a classic 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.  Whilst Kew Gardens 50p coins command prices on eBay of between £70 and £100, other coins towards the top of the scarcity index typically achieve a premium of roughly 10 – 12 times face value.

But don’t forget the joy of Change Collecting is that you have always have a chance of finding any one of these coins in your change – even Kew Gardens – you just have to be sharp-eyed.

What about £1 and £2 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.  Change Checker will be releasing the £2 Scarcity Index later in April.

50p “Scarcity Index” Launched – discover which UK 50p coins are the most collectable

 


To receive a FREE notification when the updated Scarcity Indexes are published (including the new £2 Scarcity Index), please complete your details below:

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