Round £1 Coin transition date sooner than expected!

The Royal Mint initially predicted that the number of new 12-sided £1 coins in circulation would overtake the Round £1 Coin by August this year.

12-sided £1 Coins will overtake the Round £1 Coin by July

However, due to the amount of coins that have already been returned, 8 million in total, the date has been revised to as soon as late July. Of the returned coins, most will be re-used to produce new 12-sided £1 coins, with the rest being disposed of.

This is important news for industries that deal in large quantities of £1 coins, such as vending and arcade machines, who’ll need to bring forward their machine conversation date.

Most importantly, for Change Checkers this means it is going to become increasingly challenging to complete The Great One Pound Coin Race. However, we know that you love a challenge and we’re here to help you get across the finishing line.

For all the best Round £1 Coin collecting hints and tips, take a look at our video:

[youtube https://www.youtube.com/watch?v=3b9A6IzcfUY&w=560&h=315]

 

For the brave ones amongst you, you can still sign up to The Great One Pound Coin Race, there’s still over 100 days to go!

Good Luck!

£1 Coin Minting Error ‘Confirmed’

Rumours of the Dual-Dated £1 Coin appear to have been confirmed in the national press today.

Although we haven’t seen the coin ourselves, we’ve spoken to the collector claiming to be in possession of one and seen a number of images, leading us to believe that he has found a genuine error.

The error in question is a 12-sided £1 coin with two different dates – 2016 on the obverse and 2017 micro engraved on the reverse.

The Dual-Dated £1 feature the dates 2016 on the obverse and 2017 on the reverse

So, what everybody wants to know is, “what is this coin worth?”

At this stage it’s difficult to answer with any certainty. The error is very hard to spot with the naked eye and there is currently no indication as to how many of these error coins have been struck.

Probably the best example to compare it to is the 2008 undated 20p where there was an initial spike in interest and some coins sold for an inflated price in the thousands. However, this did settle down fairly quickly and today you’d expect to pick one of these up for between £50-75.

What is clear, is that this appears to be a genuine error and as such considerably more collectable than many of the mis-strikes and tampered with £1 coins that have recently appeared online.

Have you found a Dual-Dated £1 coin?

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What the people of Bath think of the new Jane Austen £2 Coin

To mark the new Jane Austen £2 coin being released to collectors as an individual coin, Yasmin and I went to Bath, home to Jane Austen, to see what people of Bath think of  the new coin.

And they loved it.  Watch their responses below…

[youtube https://www.youtube.com/watch?v=ApZRIf2Med8&w=560&h=315&rel=0]

 

The coin, designed by Dominique Evans, features a silhouette of Austen and the dates 1817-2017 both overlapped with Jane’s signature. The gold outer features regency stripes, synonymous with the era in which she wrote her novels.

Jane Austen is one of the world’s best loved novelists and over the years her books have grown into a global phenomenon. Her novels have been translated into more than 40 languages with dozens of popular film and television adaptions making her widely recognised and adored.


 

2017 Jane Austen Brilliant Uncirculated £2 Coin

CLICK HERE TO ORDER YOURS NOW