Posts Tagged ‘scarce’

The truly unique ‘Bronze 20p’ error coin

ENTRIES TO THE ‘BRONZE 20P’ DRAW ARE NOW CLOSED

We love to hear when Change Checkers make a great coin discovery. We’re often contacted about mis-strikes which are interesting oddities but what really excites us are ‘error’ coins.

Genuine ‘error’ coins, especially those verified by The Royal Mint, are VERY rare and finding one is a goal for many change collectors.

So imagine our excitement when somebody contacted us after finding one of the rarest ‘error’ coins yet!

The ‘Bronze 20p’

Earlier this year, we were contacted by a collector named David Crosier who informed us he’d found a very rare ‘error’ coin.

A collector for over 50 years, David told us how he’d often look out for mis-strikes and ‘mules’ but there was something special about this particular coin. Initially he presumed the coin was plated but decided to send it to The Royal Mint to be certain.

Bronze 20p Error Coin with 20p and 1p - The truly unique ‘Bronze 20p’ error coin

The ‘Bronze 20p’ flanked by a 20p and 1p coin from the same year

After examination by x-ray fluorescence spectrometry, the coin was confirmed by The Royal Mint as an extremely sought-after minting ‘error’.

Somehow a 1p ‘blank’ found its way into the presses and a 20p was accidentally struck onto it.

Bronze 20p thickness - The truly unique ‘Bronze 20p’ error coin

The ‘Bronze 20p’ is significantly thinner than he standard 20p coin

Errors like this are extremely rare, in fact so rare we’ve never heard of another ‘Bronze 20p’, but The Royal Mint verified the authenticity of the coin with a letter and so here at Change Checker we knew this was an opportunity not to be missed.

Bronze 20p Error Coin The Royal Mint Confirmation Letter - The truly unique ‘Bronze 20p’ error coin

Chris Barker, Assistant Curator for The Royal Mint Museum, confirmed the ‘Bronze 20p’ as a genuine ‘error’ coin

Now the great news… we want to give away the amazing ‘Bronze 20p’ to one lucky Change Checker!

And what’s more, you won’t just win the ‘Bronze 20p’, the coin is set in a specially designed presentation box alongside a Brilliant Uncirculated 1p and a Brilliant Uncirculated 20p coin from the same year, beautifully highlighting the minting error.

Bronze 20p Error Coin Set in Display Case 1 - The truly unique ‘Bronze 20p’ error coin

The ‘Bronze 20p’ is housed in a specially designed presentation box alongside a Brilliant Uncirculated 20p and 1p coin from the same year.

Your chance to win the coin

We’ll be selecting a lucky Change Checker to win this coin.  If you’re already registered then we’ll automatically include you in the draw.

To register your free account, all you need to do is enter your email address and choose a password.

ENTRIES FOR THE ‘BRONZE 20P’ DRAW ARE NOW CLOSED

Full Terms and Conditions can be found below.

Good luck!


Terms & Conditions

  1. All registered members of changechecker.org at midnight on 7th December 2017 will be automatically entered into the prize draw. No purchase is necessary to register.
  2. The draw will take place on 11th December 2017 and the winner will be notified on that day by email to their registered changechecker.org email address.
  3. The winner will receive the “Bronze 20p”. There is no cash alternative.
  4. Participants agree to meet reasonable requests to assist publicity.
  5. The prize draw is promoted by The Westminster Collection / Change Checker, trading divisions of 288 Group Ltd.
  6. Employees of 288 Group and their families are not eligible to enter.

2017 Quarter 3 Change Checker “Scarcity Index” Released

Following the launch of the Change Checker “Scarcity Index” earlier this year the Quarter 3 Index has now been published.

50p Scarcity Index

Q3 2017 50p Scarcity Index 1 - 2017 Quarter 3 Change Checker "Scarcity Index" Released

It’s of little surprise that Kew Gardens maintains its top spot as the UK’s most sought after circulation coin with a perfect score of 100.

Isaac Newton, which made it’s debut in our Q2 update, settles on a score of 15, dropping 8 points from 23. This is due to a higher than expected number of Change Checker’s having this coin in their collection.

The 2017 Peter Rabbit 50p joins the “Scarcity Index” after having been released into general circulation at the end of September. A score of 16 makes it the 2nd scarcest Beatrix Potter 50p.

It’s worth noting that we currently only have estimated mintages for these two coins; it’ll be interesting to see how they rank once official mintage figures are released.

£2 Scarcity Index

Q3 2017 2 Pound Scarcity Index 2 624x1024 - 2017 Quarter 3 Change Checker "Scarcity Index" Released

There’s not a lot of movement in our Quarter 3 £2 “Scarcity Index” update.

Commonwealth Games Northern Ireland regains its position at the top of the table after being briefly replaced by Commonwealth Games Scotland in Q2.

The overall value of the Commonwealth games series has dropped slightly, however these 4 coins are still some way clear of the London 2012 Handover in 5th place.

There are no new £2 coins to add to the Index as we’re still waiting for the Jane Austen and WWI Aviation coins to be released into general circulation. We expect this to happen in Q4.

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.