How well do you know your coins?
Half of Britons don’t know their own coins –
well that’s what the Royal Mint says…
A recent survey commissioned by the Royal Mint suggests that the British population has very little idea about the coins they use every day.
It seems that 17% of people had no idea that Queen Elizabeth II was featured on the obverse (head side) of British coins, with a slightly concerning 4% suggesting it was Queen Victoria and 3% former Prime Minister Margaret Thatcher.
As for the designs on the coins 68% struggled with what was on the penny and perhaps most remarkably practically half of the adult population (48%) were unable to identify the correct number of denominations currently in circulation.
Growing interest in circulating coin collecting
In fact the Royal Mint’s research flies in the face of growing interest in the UK’s circulating coinage. Fuelled by the incredible interest in the Olympic 50 pence coins, that has seen 70% of the 15,000,000 coins that went into circulation disappear – apparently into individual collections – change collecting has gathered considerable momentum over the last couple of years.
In fact there are currently 93 different £2, £1 and 50p coin designs and with only the very latest releases still to make banks and post offices, nearly all are available to collect in your change.
But with so little knowledge about our own coinage, it’s little wonder that some many collectors have turned to www.changechecker.org to track their collection and swap coins with other collectors. With over 75 swap requests being posted each day, we can be hopeful that Britons are rapidly re-educating themselves about their coinage.
Wanted – Britain’s most sought-after coins.
Using our Change Checker stats we have recently embarked on some number crunching to gain an accurate idea of collecting patterns – here we reveal which coins are the most requested by users.
The results may surprise you..
Olympic 50p
1. Judo
2. Football
3. Triathlon
Of the 29 Olympic 50ps which are still proving immensely popular with collectors, the most sought-after coin is Judo, closely followed by the highly publicised football 50p which explains the offside rule through a simple diagram. The triathlon design takes the bronze medal in third place.
£2
1. London Underground (Roundel)
3. London 2012 Handover to Rio
The London Underground £2 series was released at the start of the year to celebrate the 150th anniversary of the tube, and it is the iconic Roundel logo design which tops the table of most requested in the £2 category.
Not far behind is the innovative Charles Dickens £2 which was issued last year and features the author’s famous profile crafted from the titles of his most famous works. The London 2012 Handover to Rio £2 marking last year’s Olympic handover ceremony makes up the top three in the category.
50p
1. WWF
2. Girl Guides
One coin which has seemed to unite favourable public opinion is the WWF 50p issued in 2011. The design by Matthew Dent features 50 individual icons which represent the various facets of the WWF with the famous Panda at the heart of it.
The design tops the most requested by Change Checkers in the 50p category, closely followed by the Girl Guides. The UK’s entry to EEC was the first commemorative design of the newly sized 50ps, and this is currently the third most requested.
£1
1. London
2. Belfast
3. Cardiff
£1 coins often go unnoticed as commemorative issues, but there are four different series of £1 designs which have been in circulation for nearly 30 years. They all carry the same concept of representing each of the four constituent countries in the UK through various themes.
There was an obvious trend in the Change Checker results with the Capital Cities series making up the entire top 3 with London the most requested, followed by Belfast and Cardiff.
Have you got any of these coins available to swap? Maybe even all four in our wanted poster? If so you’ll be a very popular person in the Change Checker Swap Centre.
New Benjamin Britten 50p set to strike a chord with Change Checkers
The new Benjamin Britten 50p is not likely to be seen in your change until 2014
The Royal Mint’s latest 50p coin is certain to “strike a chord” with Change Checkers.
That’s because it celebrates the centenary of the birth of one of the UK’s most prominent classical composers – Sir Benjamin Britten.
Born in Suffolk on 22 November 1913, Britten studied at the Royal School of Music before going on to write some of the 20th Century’s best known opera, choral and classical pieces, including Peter Grimes (1945), a Young Person’s Guide to the Orchestra (1945) and the War Requiem (1962).
The new 50p design has been created by another composer and artist, Tom Phillips CBE, RA. Commenting on his design Phillips says: “What I wanted the coin to speak of was music. Thus the stave soon entered the design… and his name married well with the stave. The natural accompaniment with Britten’s passion for poetry as our preeminent composer of opera and song, was some kind of key quotation. The words which eventually suggested themselves, come from the Serenade for Tenor, Horn and Strings. What better clarion call for a musical anniversary could there be than “Blow, bugle, blow: set the wild echoes flying?”
Sadly though Change Checkers will have to wait several months until you can hope to see the new Benjamin Britten coin in general circulation.