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Rare old coins
Rare old coins











The Edinburgh City £1 coin is the UK’s scarcest £1 coin design Scaled from 100 to 1, the scores represent the relative scarcity of each coin, with 100 being the most scarce. Rather just relying on mintage figures, we have combined them with the two critical points above – the actual numbers of coins in circulation and real collector demand, measured by Change Checker swap data – to create a unique Scarcity Index for the £1 Coin. That’s the benefit of the new £1 Scarcity Index. The result is a continued ratcheting up in demand for the rarer coins.

rare old coins

And the demand is always disproportionately high for the more difficult coins. Of course, scarcity breads scarcity.Įven before the launch of the Great One Pound Coin Race, we noticed a rise in collector interest for £1 coins on the back of the introduction of the new 12-sided £1 coin. Scarcity breeds scarcityīut even that is only part of the story. Far fewer if you’re trying to secure one in good collectable condition. In fact our research suggests that only a little more than half of the early years’ £1 coins are still in circulation. The majority of those 650 million coins are from the early issuing years, meaning that although some of those years may have high mintages, the actual number of coins available to collect from your change is far lower. In other words, 650 million of the coins struck no longer circulate, presumably withdrawn over the years as worn or damaged. The last available figures for coins in circulation, published by The Royal Mint for 2014, suggest that 1,553,000,000 £1 coins are in circulation. During that time a total of 2.2 billion £1 have been struck for circulation. The £1 coin has been in circulation since 1983. Up to now, change collectors have relied upon mintage figures for their indication as to which coins in circulation are the rarest. That’s why Change Checker has launched its NEW £1 Scarcity Index to help collectors identify which coins are the rarest. Launch of the NEW Change Checker £1 Scarcity Index And that includes some really quite rare £1 coins still in circulation. That’s because as the Round £1 Coin disappears from our change forever, collectors are desperate to complete a collection of all 24 designs. With just 5 weeks to go, the awareness campaign for the new £1 coin has stepped up a notch over the last few days, with the press warning that you need to spend all your old round £1 coins before they cease being legal tender on 15 October (although you will still be able to exchange them at banks).īut Change Checker is urging the British public to check their £1 coins before they spend them. If you find one of these, hold on to it: they can be worth up to £1,700 at auction.It’s not too late to find a rare £1 coin in your change before they cease to be legal tender after 15 October 2017 The design features a football emblazoned with the date, and 16 small dots to represent the teams taking part in the tournament. Only around 2,000 of these commemorative coins were made to celebrate Euro ’96 – which took place in England – making them extremely rare.

rare old coins

1996 football European Championships gold proof two pound (Photo: Amazon) One of the more well-known ‘rare’ coins out there, this 2p might not look or sound all that exciting to non-collectors, but when you consider that they’ve been valued between £1,000 and £1,350 in the past, you might get a little more enthusiastic.Ģp coins minted between February 19 should say ‘New Pence’ on the front, with those minted post-1982 should say ‘Two Pence’.Ī mistake in 1983 meant a batch were printed with the old wording, making them valuable to collectors. ‘Silver’ 2p coin sells for £1,350 at auction 1983 New Pence 2p coin (Photo: eBay/ berniesbitsandbobs) In 2016, a silver 2p that was almost discarded as a fake after it was discovered in a charity collection tin sold at auction for £1,350 – almost 70,000 times more than the actual value of the coin. The copper of the old 2p coin is of a distinctive hue, so it shouldn’t be too hard to spot if you’ve got any of these old pennies printed onto the wrong base.Ī silver two pence piece dated between 19 could be worth anywhere between £200 and £1,000. Silver 2p (1971 to 1992) (Photo: eBay/ cornwall-emporium) Only ten of these were ever produced, and if that didn’t make them scarce enough, Edward VIII abdicated less than a year into his reign, which meant the coins became redundant. Like the George V penny above, these three pence coins were also pattern coins – a coin not approved for general release instead made for the purpose of seeing how a coin design might look. 1937 Edward VIII brass threepence (Image: Old Currency Exchange) If you do happen to be one of the very few people in possession of such a coin – which was never intended for release into circulation – they’re estimated at a value of around £72,000.













Rare old coins