Posts Tagged ‘Coin Collecting’

Brand new 2018 Beatrix Potter 50p coins announced!

After the unbelievable success of the 2016 and 2017 Beatrix Potter 50p series, many people would’ve been hoping for, perhaps even anticipating, more coins in 2018.

Well, I’m delighted to tell you that another four Beatrix Potter designs have just been announced by The Royal Mint!

The best news is that the 2018 Peter Rabbit 50p is available to order in BU quality TODAY!

So, without further ado, let’s take a look at the delightful characters that’ll grace the 2018 Beatrix Potter 50p series:

Peter Rabbit

Peter Rabbit 2018 UK 50p Brilliant Uncirculated Coin rev uku41886 300x300 - Brand new 2018 Beatrix Potter 50p coins announced!

This is the third Peter Rabbit 50p to be released by The Royal Mint and is the only character to feature in each of the Beatrix Potter series.

The 2018 design show an iconic image of Peter Rabbit munching on radishes, the reason for his near-miss in Mr Mcgregor’s garden!

Flopsy Bunny

Flopsy Bunny 2018 UK 50p Brilliant Uncirculated Coin rev uku42886 298x300 - Brand new 2018 Beatrix Potter 50p coins announced!

Flopsy Bunny is the next character in the 2018 series. She is, in fact, married to Benjamin Bunny who featured in the 2017 series.

The design for Flopsy Bunny places the little rabbit centre stage, with Flopsy characteristically dressed in her little jacket.

The Tailor of Gloucester

The Tailor of Gloucester 2018 UK 50p Brilliant Uncirculated Coin rev uku43886 300x300 - Brand new 2018 Beatrix Potter 50p coins announced!

The Taylor of Gloucester coin features an iconic image from the book. One of the helpful little mice sits crossed legged on a reel or skein of ‘twist’, complete with miniature spectacles and newspaper.

Mrs Tittlemouse

Mrs. Tittlemouse 2018 UK 50p Brilliant Uncirculated Coin rev uku44886 300x297 - Brand new 2018 Beatrix Potter 50p coins announced!Mrs Tittlemouse carries the basket she uses to gather her dinner. The finest of details, like the mouse’s tiny whiskers and beady eye, have been captured on the coin’s small surface.

The reverse of all the 2018 Beatrix Potter 50p coins have been designed by Emma Noble who’s designs have featured on a number of other Royal Mint coins.

So, if you’re looking forward to collecting these fantastic new coins, let us know by leaving a comment on this blog.


PR 2018 300x207 - Brand new 2018 Beatrix Potter 50p coins announced!

 

Avoid the long wait to find this coin in your change by securing the Brilliant Uncirculated issue today for just £3.99 (+p&p) >>

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.

ST Change Checker 2 and 50p Coins Image - 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.

50p and 2 Pound Scarcity Twitter 1024x512 1024x512 - 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.

Ebay Recently sold 1024x525 - 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.

Westminster Shop - 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.

Change Checker 1 Pound Circulated BU Comparison 1 - 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.

Change Checker Web App Banner 2 Amends 1024x233 1 1024x233 - How much is my coin worth? - A five point guide.

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.

undated 20p - 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.

The good news…

It’s always good to remember that if  your coin is legal tender, it will always be worth at least its face value.

That’s why I think change collecting is the best hobby you could have!

Is this a new £1 minting ‘error’?!

Last year we reported on the ‘Dual-dated £1 coin error’ where the dates on the obverse and reverse were different, one reading 2016 and the other 2017.

Now another £1 coin ‘error’ has been discovered and this one is very interesting indeed! It would appear that a 12-sided £1 coin die has been struck on an old round £1 coin blank.

Error - Is this a new £1 minting 'error'?!

The latest £1 ‘error’ coin appears to be a 12-sided £1 die struck on an old round £1 coin base. (Image: Zeki Atma)

In the past week alone, we’ve seen 3 examples of this ‘error’ coin.

The first was from a Change Checker from Burnham-on-Sea who told us that they’d listed the coin on eBay. After receiving 22 bids, the coin sold for £205! 

One pound eBay - Is this a new £1 minting 'error'?!

One of the first examples of this ‘error’ coin has sold for £205 on eBay!

Another coin is being sold at an auction in London on Wednesday 21st February. The auctioneers, ‘Timeline’, who are based in Berkeley Square, describe the coin as an “exceptional modern rarity” and go on to say “…the coin is sure to attract much attention when it crosses the block later this year”.

one pound Auction - Is this a new £1 minting 'error'?!

Another example of this latest ‘error’ will be available to purchase at auction on the 21st February. (Image: Coin news)

The third report we have received was this morning from another Change Checker. Our advice to anybody who believes they have found this coin, or any other ‘error’ coins, would be to send the coin off to The Royal Mint Museum who offer a free verification service.

They will send the coin back to you with confirmation of their findings, which can take a few weeks depending on demand for the service. Here is the address:

Dr Kevin Clancy, Director of the Museum, The Royal Mint Museum, Llantrisant, Pontyclun, CF72 8YT

As yet, we have not seen proof that these coins have been verified by The Mint, so whilst they look genuine we will keep an open mind for the time being.

As usual, if you think you have found one of these coins or any other interesting ‘errors’, we’d love to hear from you.