Calling all Numismatists

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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 9:20 am

mad norm wrote:Sound post Pemba thanks for your updates
Still to find any alphabet 10 pences in what change I do get


Cheers Norm. I still haven’t had any 10 coins either. Mrs P found x3 last year all in one go but nowt since. I suspect that people are keeping them when they find them for collecting adding to their scarcity. Their value will probably go up in future years because of this. I got all mine from both the Royal Mint and Change checker. Cost a bloody fortune. :grin:
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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 9:26 am

Frank Nouble 3 wrote:
pembsexile wrote:News today that the Royal Mint has no plans to produce any more 2p or £2 coins for the next 10 years! The demand for cash has reduced significantly in the past year and even COVID has had an effect on this. I can’t see any way that it is going to get better in the long term as we move towards a cashless society using cards more often.

The main groups affected are low income groups and the elderly who tend to use cash more often. It’s sad, but seems there is nothing we can do about it.

I suspect that it will actually get worse as collectors start to hoard coins making them even more scarce. We haven’t actually had a £2 coin issued for general circulation since 2017. They have been made available in annual sets though. Watch the value of these £2 set coins rocket in future weeks. If you see a £2 coin post 2017 it will have been stripped from an annual set. It’s value will also increase.

For each coin in circulation, there are 26 times more coins available than would normally be for issuing when they are needed. It doesn’t seem like that will happen.

Morning mate.
I still do not understand why £2 coins are so limited.
I would of thought that coin was the most useful with its high value.
The times I have bought something for a few pound and only had a tenner to be told "no fivers and no £2 coins available here so you gete 6/7/8 £1 coins instead in your change. :roll:


Morning mate. Quite agree. The £2 coin is my favourite. There are 37 varieties of this coin in general circulation. 50+ if you count the oddities in the £2 technology coin. It’s a good coin imo. I would like to see the RM issue a £5 coin for general circulation. They do them already but they are commemorative coins only and not legal tender. Perhaps it is a cost issue.
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 9:32 am

jonescmj1 wrote:Does any body know the odds on getting sequential 2's, 3's and 4's of different bank notes?

Colin


No, sorry, don’t know what the odds are but some smart Alec could work it out (not me). I think if it is a seven figure number it is 1x2x3x4 etc to give you the individual odds. May be wrong though.

I can tell you though that sequential ladder notes in the UK, 11,22,33 etc sell for hundreds of pounds. If I found one I would sell it straight away, they have no collecting significance for me.
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neilcork68

Re: Calling all Numismatists

Postby neilcork68 » September 19th, 2020, 10:16 am

I have collected a 2007 Abolition of slavery and a William Shakespeare £2 coins.....worth anything ????

I also have a bag of about £5 in OLD 10p coins gathering dust in a draw...
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 10:47 am

neilcork68 wrote:I have collected a 2007 Abolition of slavery and a William Shakespeare £2 coins.....worth anything ????

I also have a bag of about £5 in OLD 10p coins gathering dust in a draw...


I don’t think the old 10p coins are worth much at the moment. I’d hang on to them as they may rise in value in future years.

As for the Abolition of slavery £2 coin you would probably get about £3 for that. It depends on which Shakespeare coin you have. There are three - Histories, Tragedies and Comedies. There were 5,655,000 of the histories minted, 4,615,000 of the tragedies minted so they are only worth about £4/£5. There were only just over 4million of the Comedies minted and that one is sought after and worth more. It is the one with the small clowns face and silly hat on.

I have lots of tragedies and histories but only one comedy. I think people hold on to them. Sometimes coin collecting is a bit odd, it throws out peculiarities.
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neilcork68

Re: Calling all Numismatists

Postby neilcork68 » September 19th, 2020, 11:11 am

It's the sword and crown one
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neilcork68

Re: Calling all Numismatists

Postby neilcork68 » September 19th, 2020, 11:20 am

I also have a 2016 Roman Britannia portrait £2 coin my son gave me this morning ...

I need to get out more as I am scanning every single coin I have in jars or get whilst out.
Shops don't like it but I am still paying cash for quite a few things rather than card..
It's good though because I went months not getting a single two pound coin but I have had about twenty in the last few weeks , hence finding some of the coins I have listed
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 11:36 am

neilcork68 wrote:It's the sword and crown one

Pity, that’s the histories one. Worth about £4/5.
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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 11:44 am

neilcork68 wrote:I also have a 2016 Roman Britannia portrait £2 coin my son gave me this morning ...

I need to get out more as I am scanning every single coin I have in jars or get whilst out.
Shops don't like it but I am still paying cash for quite a few things rather than card..
It's good though because I went months not getting a single two pound coin but I have had about twenty in the last few weeks , hence finding some of the coins I have listed


Now, that Britannia coin could be interesting. As I have said previously, the way to check if a coin is fake is to hold it up with the Queens head being vertical. Then, spin the coin through 180 degrees to show the reverse side. Whatever is on the opposite side, it should also be vertical as well. If it’s not, it is a fake.

Now, the Royal Mint stated that in 2015/2016 a lot of Britannia coins were minted with the Sovereigns head at 135 degrees and not in line vertically. They are not fakes. Check your Britannia and if it is not vertical it will be worth a lot of money. However, I have heard stories that counterfeiters are deliberately making coins like this so that they can sell them for even more profit. The Royal Mint provide a free service to tell you if the coin is real or not. Good luck.

Quite agree with your comments about getting coins in change. I can’t put any bloody coin in my pocket until I have checked it. Very annoying. Coin collecting is not fun all the time. :grin:
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neilcork68

Re: Calling all Numismatists

Postby neilcork68 » September 19th, 2020, 6:11 pm

Just checked the coin..it's a 2016 , the Britannia head is at the angle you say .
I hope it's not a fake so will indeed contact the Royal Mint to seek advice on its authenticity.....
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 19th, 2020, 6:52 pm

neilcork68 wrote:Just checked the coin..it's a 2016 , the Britannia head is at the angle you say .
I hope it's not a fake so will indeed contact the Royal Mint to seek advice on its authenticity.....


Excellent. I hope it is genuine.

If you go to the change checker website, type in ‘inverted effigy £2 Brittania’, you get taken to a web page on it. On the page is a photo of the inverted effigy coin so that you can see what I mean by it being at 135 degrees. They think there were only 3250 of these coins accidentally minted.
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jonescmj1

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Re: Calling all Numismatists

Postby jonescmj1 » September 19th, 2020, 8:54 pm

I have two consecutive $50.00 notes in mint condition, times two sets, two consecutive $100 biils mint condition two lots of two consecutive $20 in mint condition. A couple of these from the same machine the others from random machines. Do they have any collectors value? How should I store them?
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neilcork68

Re: Calling all Numismatists

Postby neilcork68 » September 20th, 2020, 8:36 am

CHECK YOUR CHANGE AND ALL COINS PEOPLE

Since getting into it through this topic I have found at least half a dozen 'rare' and hopefully with two coins , valuable coins.
I hope the £2 Britannia coin is genuine and the 1982 2p New pence coin I have are worth something....
I also have at least a dozen 50p coins worth at least double their value and I am still going through my tins/ saving jars
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 20th, 2020, 8:40 am

neilcork68 wrote:CHECK YOUR CHANGE AND ALL COINS PEOPLE

Since getting into it through this topic I have found at least half a dozen 'rare' and hopefully with two coins , valuable coins.
I hope the £2 Britannia coin is genuine and the 1982 2p New pence coin I have are worth something....
I also have at least a dozen 50p coins worth at least double their value and I am still going through my tins/ saving jars


Glad you like the hobby, it’s fascinating imo.

Did you manage to get on the change checker website to see the photo of the inverted effigy Brittania? All the relevant info’ is there. Hope yours is like that one.
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 20th, 2020, 8:48 am

jonescmj1 wrote:I have two consecutive $50.00 notes in mint condition, times two sets, two consecutive $100 biils mint condition two lots of two consecutive $20 in mint condition. A couple of these from the same machine the others from random machines. Do they have any collectors value? How should I store them?


Sorry, don’t really understand what you mean. If they are ladder numbers eg 11,22,33 etc they will be worth something to collectors. If by consecutive you mean follow on numbers, unless they have a ladder sequence or contain a birthday sequence of a famous person hidden within the numbers they won’t be worth anything.

For example, I have no idea when Shane Warne’ birthday is, but say he was born on 3 July 1970. Then if you had an Aussie note with the consequent number of 03071970 then it would be worth something, particularly to an Aussie.

There are specialist websites that can tell you the value. eBay would be a good start.

I am not an expert in notes, but, store them flat and in a protective pouch. Do not iron them to get any creases out or attempt to improve the cosmetic look of the note in any way. Hope this helps.
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