The biggest movers yet! Your Scarcity Index Update…

It’s time for your latest Scarcity Index update, where we reveal the UK’s most sought after circulation 10p, 50p and £2 coins.

This information has been compiled using data from the Change Checker Swap Centre and 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.

50p Scarcity Index

50p Scarcity Index
50p Scarcity Index

Since our last update, the top 4 circulating 50ps have stayed strong with no movement. This means the Kew Gardens 50p is of course, still right at the top, closely followed by the Olympic Judo 50p.

Further down, we’ve seen some huge movers like the Olympic Boccia 50p which has climbed 13 places and the Beatrix Potter 50p which is up 10 places. The 2017 Peter Rabbit 50p which has also shot up 15 places!

There have also been some not so fortunate coins though. The Sir Arthur Conan Doyle 50p has dropped 18 places and the 50 Years of Pride 50p is down an astonishing 27 places. The Pride 50p only entered circulation in October 2022, so perhaps most of them have made their way safely into your collections, or maybe they’re still out there waiting to be found.

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

10p Scarcity Index
10p Scarcity Index

It’s all change on our 10p index this time, as every single coin has moved!

One to keep your eye on is the Angel of the North 10p which has climbed a massive 20 places since our last update. The Angel of the North sculpture in Gateshead, has become one of the most recognizable pieces of public art ever. It’s also thought to be the largest sculpture of an angel in the world. So it’s no wonder the 10p has shot up in the rankings.

We’ve also seen big moves from the Bond 007 10p which is up 14 places. This could possibly be due to the recent anniversary marking 60 years since the first James Bond book was published.

Sadly though, the X marks the spot 10p’s rise in the last update was short lived. It’s fallen by 17 places, putting it at the bottom of the list.

Remember, a maximum of JUST 304,000 of each A-Z 10p design entered circulation in 2018 and 2019, making them some of the most sought-after coins out there. So make sure you keep your eyes peeled for them in your change!

£2 Scarcity Index

£2 Scarcity Index
£2 Scarcity Index

The £2 index remains fairly stable. This is to be expected as we’ve not had a £2 coin enter circulation since 2016.

Of course, remaining at the top of the Index is the 2002 Commonwealth Games Northern Ireland £2. With a mintage figure of just 458,000, it’s one of the rarest and clearly still one of the most popular £2 coin designs, even 20 years after entering circulation!

A few others creeping up the ranks are the Gunpowder Plot £2 which has climbed 5 places. The Shakespeare Histories £2 has gone up 7 places.

The biggest mover though is the Florence Nightingale £2 which has fallen 10 places.

How your 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 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. This allows 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 200 times face value on eBay.

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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Your guide to collecting King Charles III coins

Since the passing of Queen Elizabeth II in September 2022, there’s been a huge shake up in the numismatic world. Not only have collectors been rushing to secure the very last coins featuring the late Queen, but wanting to be the first to own new coins bearing King Charles III’s effigy.

Here are some tips to guide you in building your King Charles III coin collection.

1. Use cash

It may seem obvious, but the best way to increase your chances of finding a King Charles coin in your change is to use cash. And where possible, ask for your change to be given in the denominations you’re interested in.

UK coins
UK coins

For example, if you’re looking for the Queen Elizabeth Memorial 50p, which is the first coin to enter circulation featuring the King on the obverse, ask for your change in 50ps.

2. Look closely

Make sure you’re looking closely at the coins in your change to check whether you have a commemorative coin, especially one featuring His Majesty.

50p with Queen Elizabeth II effigy and 50p with King Charles III effigy
50p with Queen Elizabeth II effigy and 50p with King Charles III effigy

The most obvious difference will be the effigy on the obverse of the coin. But it’s also a good idea to familiarize yourself with the reverse designs of commemorative coin so you know what you’re looking out for.

3. Do your research

The best way to identify coins you’ve found in your change is by using our Change Checker Web App.

Simply select the denomination, year and obverse monarch of the coin you’ve found to view all the possible coins it could be. You’ll find information like mintage figures and facts about the theme or designer.

Screenshot of King Charles coins on the Change Checker Web App
Screenshot of King Charles III 50p coins on the Change Checker Web App

You can also find much more information about your coin on our blog.

4. Check our scarcity index

Something else you’ll find on our web app is where each coin ranks on our scarcity index.

We combine mintage figures with how often a coin has been listed in collections to determine how scarce and sought after each coin is. Our scarcity index is updated quarterly as there can be some pretty big shake ups in the rankings.

5. Swap with others

If you’re looking for a specific coin and aren’t having any luck finding it in your change, you can use the swap centre on our web app or our Facebook community group to swap coins with other collectors.

Who knows, someone else might just have the coin you’re looking for!

Happy Hunting!

So there you have it, 5 tips you can use to start collecting King Charles III coins!

You may already have an impressive collection including some new King Charles coins. If so, post a photo of yours on social media and tag us, we’d love to see them!

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UK’s FIRST Coronation 50p – JUST RELEASED! 

The UK’s FIRST Coronation 50p and £5 coin have JUST been released!

In this blog, I’ll share all you need to know about these new coins, including how they could become the most sought-after issues EVER.

2023 UK Coronation 50p

The most significant royal event of our generation has been celebrated with a UK 50p coin, struck by The Royal Mint to commemorate the coronation of King Charles III.

This is the UK’s FIRST coronation 50p – Queen Elizabeth II’s coronation in 1953 was marked with a Crown coin.

The design features the royal cypher set against Westminster Abbey, where the King will be crowned.

But, what makes this coin particularly special is a feature you eagle eyed collectors will be sure to spot.

Simply take a look on the obverse of this 50p and you’ll notice it differs from other King Charles III coins…

That’s because The Royal Mint have created a collector version of the coin with an unusual twist – showing a crowned effigy of the King!

King Charles III crowned and uncrowned coinage portraits. Left shows the collector-only issue of the King Charles III obverse and right shows the traditional uncrowned portrait which can be seen on existing King Charles coinage.
2023 Coronation 50p – two varying obverse designs showing His Majesty crowned and uncrowned.

Whilst we’ve all grown familiar with seeing a crowned portrait of Queen Elizabeth on our coins, traditionally male monarchs do not wear crowns on UK coinage – which is why the standard King Charles coins show him uncrowned.

However, breaking from tradition to commemorate this remarkable royal event, the new King Charles III Coronation 50p shows His Majesty wearing the Tudor Crown.

This special obverse design is only available in collector quality and can’t be found in your change – making for a unique addition to any collection.

What’s more, the first 50,000 will be available in LIMITED EDITION Change Checker Coronation Cards featuring a gold edge to mark the event.

Don’t miss the chance to own yours for just £5.99 (+p&p) here >>

Is the UK’s FIRST Coronation 50p the most sought-after coin EVER?

Collecting firsts are key for driving up demand – just think back to the worldwide popularity of the UK’s first royal 50p, the Platinum Jubilee 50p.

Within the first 24 hours of release, all limited edition presentations of the Platinum Jubilee 50p completely SOLD OUT.

In fact, even the Brilliant Uncirculated quality presentations of the Platinum Jubilee 50p and £5 coins are still selling for £26 on secondary market sites.

2022 Platinum Jubilee 50p and £5 selling for £26 on eBay. Could the UK's FIRST Coronation 50p rival its demand?
Platinum Jubilee 50p and £5 coin sold for £26 on eBay in March 2023.

AND, the circulating version of the Platinum Jubilee 50p recently sold for £20 on eBay.

UK's FIRST Coronation 50p set to rival demand for 2022 Platinum Jubilee 50p which is currently fetching around £20 on eBay.
Platinum Jubilee 50p sold for £20 on eBay.

So, considering this is the UK’s FIRST coronation 50p, as well as the addition of a unique obverse design, this new coin has all the hallmarks of a classic story.

Coronation celebrated on UK’s flagship royal coin

Alongside the 50p coin, The Royal Mint has also issued a brand new UK £5 – the flagship royal coin.

The reverse design by Timothy Noad features a depiction of St. Edward’s Crown, accompanied by the sovereign’s sceptre with dove and the sovereign’s sceptre with cross with the inscription “THE CORONATION OF KING CHARLES III 6 MAY 2023”.

The obverse also features the special crowned portrait of His Majesty, created especially for the Coronation Coin Range.

This brand new £5 coin is the perfect pairing to the UK’s first coronation 50p. Get your hands on it in Brilliant Uncirculated quality >>

Don’t miss out on owning the 2023 Coronation coins

Avoid disappointment by adding the 2023 UK Coronation 50p and £5 coins to your collection today.

Don’t forget, the first 50,000 collectors will receive the Brilliant Uncirculated 50p in LIMITED EDITION Change Checker Coronation Cards featuring a gold edge.

Click here to get yours >>