Posts by Kate
There’s a friend of mine that you ought to meet…The 2024 Gruffalo’s Child 50p
Who is this creature with terrible claws and terrible teeth in his terrible jaws…the Gruffalo® of course!
The latest UK 50p celebrates Julia Donaldson and Axel Scheffler’s timeless tale, paying tribute to the Gruffalo’s bestselling sequel – The Gruffalo’s Child. Following in the footsteps of the hugely popular 2019 Gruffalo coins, the 2024 The Gruffalo’s Child 50p is sure to delight collectors and fans of the Gruffalo series.
An adorable design
On her quest to find the mysterious Big Bad Mouse, the Gruffalo’s Child comes across several cunning creatures who send her deeper and deeper into the snowy woods, until she eventually finds what she’s searching for. Finally, she meets a mouse, who says he can beckon the Big Bad Mouse, and the Gruffalo’s Child waits, terrified, for it to appear.
The reverse design of the 2024 The Gruffalo’s Child 50p brings this encounter to life, with the mouse sporting a sneaky smirk and the Gruffalo’s Child anxiously anticipating the arrival of the Big Bad Mouse, Stick Man in hand. If you look closely, you’ll even see footprints in the snow and intricate details on the trees in the background.
Is The Gruffalo the UK’s best-loved 50p?
The Gruffalo stories have captured the hearts of readers ever since the first book was published in 1999, and the short film adaptations have also become somewhat of a festive favourite. With such a large following, it’s no surprise that collectors were delighted to see The Gruffalo feature on a UK 50p for the first time in 2019 – celebrating its 20th anniversary. The first Gruffalo 50p quickly became one of the most sought-after 50ps of recent years.
Following the success of the first release, The Royal Mint treated collectors to a second Gruffalo 50p in October 2019 – this time featuring the Gruffalo and Mouse. Similarly to the first Gruffalo 50p, the Gruffalo and Mouse 50p was also incredibly popular with collectors.
Previous Gruffalo coins have been some of the most popular releases in UK 50p history, with silver coins selling out within mere hours! In fact, even the Brilliant Uncirculated coins have all been snapped up by collectors, meaning demand for this new release is already exceptionally high.
Secure your 2024 UK The Gruffalo’s Child 50p >>
Are you one of the lucky ones?
Are you one of the collectors who has a 2019 Gruffalo 50p tucked away in your collection? If so, consider yourself very lucky! It’s these collectors who’ll likely be the first to want to get their hands on the 2024 The Gruffalo’s Child 50p, so you’ll have to be quick to secure yours.
Given the overwhelming success of the previous Gruffalo 50ps and other literary themed coins such as the Beatrix Potter 50ps and more recently, the Harry Potter 50ps – the 2024 The Gruffalo’s Child 50p is set to be highly sought after.
Secure your 2024 UK The Gruffalo’s Child 50p
Secure your 2024 UK The Gruffalo’s Child 50p for just £5.99 (+p&p) >>
The importance of security features on UK coins
When it comes to the coins jingling in your pocket, the Royal Mint employs a number of sophisticated techniques to ensure each coin is secure and genuine.
But how much do you actually know about the security features that keep your coins safe?
Visible security features
Bi-metallic design
The distinctive bi-metallic design seen in coins like the twelve sided £1 coin and post 1997 £2 coins is not just an aesthetic choice, but an advanced security feature. The combination of two different metals – a nickel-brass outer ring and a cupronickel inner core – increases the complexity of the minting process, making fraud significantly more challenging.
Milled edges and edge lettering
First introduced by the Royal Mint in the 1660s, the complex process of adding milled (grooved) edges or edge lettering to UK coinage not only provides a high degree of visual security, but also makes the coins difficult to counterfeit accurately.
Lenticular features
Special lenticular imaging is another ingenious feature incorporated into some UK coinage. This involves an image that changes appearance when the coin is titled at different angles. The bi-metallic £1 coin, first issued in 2017, showcases this feature beautifully. When tilted, the pound sign (£) changes to the number one (1), creating a dynamic visual effect that is not only mesmerising but also serves as a powerful deterrent against counterfeiters.
Fine engraving, design decisions and micro-lettering
The introduction of new cutting techniques for steel tooling, combined with advancements in computer-aided modelling, has enabled coin designers to incorporate previously unattainable details. These details are as complex as those on a banknote but benefit from being three-dimensional.
Some bi-metallic coin designs extend across both the inner and outer sections of the coin, adding a layer of complexity that helps deter forgery.
Certain coins even include micro-lettering, an advanced design feature that’s hard to produce with consistent quality. For example, the lower inside rims of both the obverse and the reverse of the twelve sided £1 coin feature micro-lettering.
Shape
The introduction of the dodecagonal (twelve sided) £1, first issued in 2017, serves as another security feature. The distinctive shape of the coin makes it much more difficult to counterfeit compared to the previous round pound design.
Hidden Security Features
Secret messages (Electromagnetic signature)
Some new coins are fitted with a special plating that contains an electromagnetic signature (EMS). When passed through a small electromagnetic field, each coin creates ripples or other disturbances that can be detected and analysed. Different combinations of size and metal cause distinct patterns when the coins are passed through such a field. The distinct pattern of a particular coin is called its ‘electronic signature’.
‘Hidden’ unknown security feature
The Royal Mint announced that the twelve sided £1 coin includes a secret ‘High Security Feature’ which is even more advanced than an Electromagnetic Signature. Details of this feature are top secret, but it’s thought to involve material within the plating layer of the coin which can be detected when electronically scanned by coin-counting or payment machines.
Find out more about your coins
If you’re interested in coin collecting, our Change Checker web app is completely free to use!
How rare are my coins? Your latest Scarcity Index Update!
So you think you’ve found a rare coin in your change, but how do you know how scarce it really is? Well, mintage figures only tell part of the story…
Our Scarcity Index uses data from the Change Checker Swap Centre, combined with a coin’s mintage figure, to determine just how scarce and sought-after your coins are. The information is 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 update.
50p Scarcity Index
Whilst a fair few coins haven’t moved on our 50p index, the ones that have are making some huge jumps!
Of course, at the top of the index is a non-mover – the Kew Gardens 50p, closely followed by the Olympic Football 50p which has also defended it’s position in second place.
Interestingly, with the exception of the Kew Gardens and Flopsy Bunny 50ps, the 2011 Olympic 50ps are dominating the top of the list – which could be due to the 2024 Paris Olympics taking place this summer. Some of the biggest Olympic 50p movers are the Boccia 50p which has climbed up 37 places, the Shooting 50p which has shot up 20 places and the Sailing 50p which has floated up 15 places.
There have also been some Olympic 50ps moving down the index, with the Rowing 50p drifting down 15 places, the Gymnastics 50p falling 22 places and the Team GB 50p ending up towards the bottom of the list after dropping 13 places.
The Beatrix Potter 50ps also seem to have had a shakeup, with the Mrs Tiggy-Winkle 50p falling 19 places, the Tom Kitten 50p dropping 14 places and the 2018 Peter Rabbit 50p going up 11 places.
If you’re new to collecting and want to find out more about circulation coins, you can check out our fact files here >>
Otherwise, keep reading to find out which 10ps and £2 coins you should be looking out for.
10p Scarcity Index
The 10p index has been well and truly shuffled, with only 1 coin staying put – the X Marks the Spot 10p at the very bottom of the list.
The ones to watch are the V for Villages 10p which has climbed 16 places since our last update and the M for Mackintosh 10p which has moved up 12 places.
To make room for these big jumps, a fair few other designs have had to move down just 2 or 3 places, but most notably is the G for Greenwich Meantime 10p which has fallen 9 places.
The A-Z 10ps seem to be some of the hardest commemorative coins to find in circulation – that’s not surprising when you consider a maximum of JUST 304,000 of each A-Z 10p design entered circulation across 2018 and 2019 and it’s thought that a large percentage of these 10ps have been snapped up by collectors.
*Note
It’s worth remembering that our Scarcity Index only ranks the 10ps against each other, so even the ones at the bottom of the list are still incredibly sought-after.
£2 Scarcity Index
Due to the fact that no new commemorative £2 coins have entered circulation since 2016, we generally see less movement on the £2 index, however there are some notable movers since our last update.
Right at the top of the index are 3 of the 2002 Commonwealth Games £2 coins, with the Northern Ireland £2 in first place. With a mintage figure of just 458,000 making it the rarest £2 in circulation, it’s not surprising that the Northern Ireland Commonwealth Games £2 always ends up at the top.
Climbing up the ranks are the Shakespeare Comedies £2 which has fallen 11 places, and the Act of Union £2 which has moved down 9 places and the Britannia and Brunel Portrait £2s which have both dropped 8 places.
The Technology £2 – which was the definitive UK £2 design from 1997 to 2015 and has a combined mintage of 416,145,838 – unsurprisingly remains at the bottom of the index as the most common £2 coin.
How your Scarcity Index works
In the past, collectors have relied on mintage figures alone to identify the scarcest coins. But they only tell part of the story.
That’s why we’ve combined the mintage information with two other key pieces of information:
- How many of each design are listed as “collected” by Change Checkers on our Web App, indicating the relative ease of finding a particular coin
- The number of times a design has been requested as a swap on our Swap Centre 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. This allows Change Checkers to track the relative performance of the UK’s circulation coins.
How much are my coins worth?
The Scarcity Index doesn’t necessarily equate to value, but it is certainly a good indicator. For example, the Kew Gardens 50p coin commands a premium of up to 200 times face value on eBay and is unsurprisingly top of the 50p Index.
You can use our 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. Because they are no longer being issued, this is now set in stone.
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