Coin News
Why Australia’s new currency update is head and shoulders above the rest…
For the first time in 20 years, a brand new portrait of the Queen will be featured on Australia’s currency update.
Since her coronation in 1953, five effigies of Her Majesty Queen Elizabeth II have appeared on the obverse of Australian coins – creating a numismatic timeline which shows her changing profile over the years.
Previous effigies were designed by Mary Gillick (1953), Arnold Machin (1966), and Raphael Maklouf (1985), however since 1998, Australian coins have used the current effigy by Ian Rank-Broadley, except during 2000, when Royal Australian Mint designer Vladimir Gottwald’s effigy was used on the 50c Royal Visit coin.
The inclusion of an effigy of Her Majesty Queen Elizabeth II on the obverse of Australia’s coinage is mandated by Regulation 4(c) of the Currency Regulations made under the Currency Act 1965.
This new effigy by Jody Clark marks the sixth update to the Queen’s portrait and is said to continue the story of her reign and lifetime, although you might notice something a little different about this updated design…
Sixth Coin Effigy of Her Majesty Queen Elizabeth II 2019 $1 Uncirculated Coin. Obverse featuring the new design, reverse showing the old. Credit: ramint.gov.au
Whilst continuing to depict Her Majesty facing to the right and wearing the diamond diadem crown, unusually this new image will break from the traditional UK design by also including the Queen’s shoulders and the Victorian coronation necklace.
Mr Clark is responsible for the UK’s most recent portrait of Her Majesty, updated in 2015 and selected by the Royal Mint Advisory Committee.
His designs have also featured on recent releases such as the Prince Harry and Meghan Markle wedding £5 and the Queen’s Beasts £5 coins.
Chief Executive of the Royal Australian Mint, says: “The transition to a new effigy on all Australian coinage will begin in 2019 and continue into 2020. Coins carrying previous portraits of the Queen will remain in circulation.”
Sixth Coin Effigy of Her Majesty Queen Elizabeth II 2019 $1 Packaging. Credit: ramint.gov.au
However there is some controversy surrounding this coinage update, as the Australian Republic Movement (ARM) continue their campaign to remove the Queen as head of state in Australia.
What are your thoughts on Australia’s new currency update and do you think the design is head and shoulders above the rest? Let us know in the comments below.
Secure the Australian Sixth Effigy coin for your collection!
Enter the new effigy era with this striking $1 coin. Click here to place your order >>
Discover the currency of Egypt!
For the past few months at Change Checker HQ, we’ve been really enjoying researching different coins from around the world. And the coinage from the sunny climes of Egypt has really caught our attention…
After a bit of digging around, we’ve found out some interesting facts about these fascinating coins… Did you know that Egypt, just like us, uses the ‘pound’ as their currency?
But wait! Before you pack your bags and prepare for a trip abroad without the hassle of exchange rates, you need to be aware that this is not the British pound as we know it, but the Egyptian Pound!
Each pound is made up of 100 piastres (what we would refer to as pennies), and 22 Egyptian pounds convert to 1 British Sterling pound. Egyptian coins are in denominations of 1, 5, 10, 20, 25 and 50 piastres, along with the 1 pound coin of course.
Egypt’s currency design is based largely on its ancient history, with pharaohs, pyramids and past dynasties proving to be popular themes across Egypt’s coinage, including Tutankhamun, Cleopatra and the Pyramids of Giza.
When exploring further into the background of these coins, it’s no wonder Tutankhamun has been chosen as such a poignant design, featuring on the highest denomination, the £1 coin.
As one of the only perfectly preserved Egyptian Royal Tombs, the myth of Tutankhamun is world-famous, making him the best-known King of Egypt. In terms of coinage, Tutankhamun has not only featured in Egyptian minting, but worldwide on various coins (including this recently released coin from Ghana struck in the shape of Tutankhamun’s mask).
Cleopatra also features heavily on Egyptian coins, as the last active ruler of the Ptolemaic Kingdom of Egypt. Her name directly translates to ‘Glory of her father’, and it was rumoured she was romantically involved with Julius Caesar and Mark Anthony. Her legacy is ever standing due to what she represented in a male-dominated society – a strong woman able to hold a country together throughout warfare just as well as her male counterparts. A fitting face for any coin I think!
Egypt 50 Piastres Cleopatra – 2005
It’s clear that the currency of Egypt sits on a proud heritage that maps out its ancient world through the striking designs of its coins. But what do you think about these coins? Let us know in the comments below!
How rare is my 50p and how much is it worth?
There are now over 35 different 50p coin designs in circulation and as an avid coin collector, there’s nothing better than finding a sought-after 50p in your change!
But with so many in circulation, how can you tell which are the ones to look for?
Luckily for you, we’ve done the leg work and compiled a number of resources to help you determine how rare your 50p is and how much it might be worth.
Mintages
A sure fire way to know if you’ve found a keeper is to check the mintage figures for your 50p. Generally speaking, the lower the mintage, the rarer the coin and the harder it will be to find in circulation.
Here are the most up to date mintage charts for UK 50p coins in circulation, with the UK’s rarest circulation 50p, Kew Gardens sat in top spot with the lowest mintage figures – just 210,000 of this coin were struck!
The 2018 and 2019 Peter Rabbit and Flopsy Bunny 50p coins hold joint second spot on the chart, as just 1,400,000 of each were issued for circulation! The 2020 Withdrawal from the EU 50p makes an entrance to our mintage chart alongside the 2020 Diversity Built Britain 50p, with mintages of 10,001,000 and 10,300,000 respectfully.
Click here to read more about the 50p mintage figures >>
eBay Tracker
Mintage figures are a great way to find out how many of your coin were released into circulation and therefore how difficult it might be to find, but this doesn’t necessarily give you a value for your coin. One way in which you can determine what your coin might be worth is to look at the prices it has sold for on eBay.
Again, we’ve made things easy for you by taking the last 9 sold prices achieved on eBay and giving you the median price achieved (rounded to the nearest 50p). By taking the median, rather than an average, we avoid skewing created by one or two excessive prices achieved.
Here’s the top 10 highest selling UK circulation coins from our eBay Tracker, with Kew Gardens not surprisingly having the highest selling price, followed by the 1992/93 EEC 50p (the rarest 50p to have ever entered circulation!)
Click here to see our full eBay Tracker >>
Scarcity Index
To give you a complete picture of how your coin compares to other 50ps in circulation, we have combined the mintage information with two other key pieces of information to provide the Change Checker Scarcity Index:
- 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.
Here’s our most recent Scarcity Index for 50p coins, with yet again Kew Gardens coming in on top as the most scarce 50p. Where does your 50p rank on the Scarcity Index?
So now you have access to a range of tools to help indicate how rare your 50p is and what it might be worth. Of course, these figures will change in time as the latest 50ps are released into circulation, so you never know, we could see the elusive Kew Gardens kicked off top spot one day!
Have you found any rare coins in your change recently? Let us know in the comments below.
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app