Calling all Numismatists

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Exile 1976

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Re: Calling all Numismatists

Postby Exile 1976 » July 22nd, 2018, 1:57 pm

Thanks Mike
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 2nd, 2018, 7:16 pm

Coin update - the 4th £2 coin in the RAF series of 5 was recently released (Sea King helicopter) just one more to go for the full set. I think that is the new Lightning Mk2. The Royal Mint say that should be released later this month.

2nd new Paddington bear 50p coin just been issued as well.

Still no news though about the supposed 2017 issue for circulation of the £2 coins - Jane Austen and WW1 Aviation. The banks appear to be holding on to them.
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DeePeeNCAFC

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Re: Calling all Numismatists

Postby DeePeeNCAFC » September 3rd, 2018, 10:29 pm

Hi Pembs.

I picked up a 2012 Charles Dickens £2 coin today. At first glance it seemed quite dull and uninspiring but now I think the design is quite clever.

Any chance it's worth more than £2?

Many thanks
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Re: Calling all Numismatists

Postby pembsexile » September 4th, 2018, 5:54 am

DeePeeNCAFC wrote:Hi Pembs.

I picked up a 2012 Charles Dickens £2 coin today. At first glance it seemed quite dull and uninspiring but now I think the design is quite clever.

Any chance it's worth more than £2?

Many thanks



Hi DeePee, unfortunately it is not worth much more than face value. Probably may get between £3 £3.50 if you sell it on eBay. A word of warning if you are trying to buy this coin. For some obscure reason this particular coin is being touted as an error coin on aBay and selling for up to £1000. This is because the edge lettering is apparently the wrong way up. As I have said before, this is nonsense. The edge lettering is a random process occurring during production at the Royal Mint. Please do not be fooled by these scams.
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Re: Calling all Numismatists

Postby DeePeeNCAFC » September 4th, 2018, 9:21 pm

OK thanks.

I've been refereeing in a local 6 a side league and the teams taking part all pay their entry fees in cash. Often have £200 in coins to count and started to notice a few unusual ones. Including a few old style £1 coins - b@#$ds!
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Willthiswork

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Re: Calling all Numismatists

Postby Willthiswork » September 29th, 2018, 3:31 pm

https://www.msn.com/en-gb/money/persona ... sells-for-£400-and-a-gold-version-fetches-a-tidy-£2000-could-you-have-one-at-home/ar-BBNEA4m?ocid=spartanntp
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pembsexile

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Re: Calling all Numismatists

Postby pembsexile » September 30th, 2018, 3:36 pm

Willthiswork wrote:https://www.msn.com/en-gb/money/personalfinance/silver-50p-kew-gardens-coin-sells-for-£400-and-a-gold-version-fetches-a-tidy-£2000-could-you-have-one-at-home/ar-BBNEA4m?ocid=spartanntp


That is an interesting article and thanks for posting the link up.

However, it must be noted that these coins are quite rare. The silver and gold 50p coins mentioned will be part of a commemorative set for that year or purchased separately. They would have been available from the Royal Mint at the time or specialist coin dealers. If you have a commemorative set from 2009 it will contain the Kew Gardens coin and be worth something. If you have purchased the gold/silver coin separately at the time you will be on a winner. Check your cupboards etc but you should know if you have one. A word of caution - the set must be 'proof' or the individual coin proof or brilliant uncirculated. The Royal Mint do not sell circulated coins.

The Royal Mint are actually being a bit crafty. They are an arm of the Exchequer and are there to release coins and make a profit if they can. I note they half own the selling company that the report mentioned. The Kew Gardens has the lowest mintage of all the 50p coins (apart from the specialist Blue Peter 2009 Olympic high jump) and is worth quite a lot in circulated condition.

The trick is to buy a yearly proof commemorative set and hope the mintage for a coin within it is low for that year. If it is it will become scarce. The Royal Mint are acutely aware of this and for some coins they do not release the mintage figures for the year for particular coins for some considerable time. For example they have not even released the Aviation and Jane Austen £2 coins from 2017 yet, never mind the mintages. When I enquiried they said the release date is up to the banks and Post Offices, hm, yeh, right.

What was interesting from the article is that the writer said that coin collecting as a hobby is on the increase - that is true, even though coins are slowly being withdrawn from use as we move to an electronic cashless society.

Nice thought for a Sunday afternoon. Happy coin hunting.

Edit - £2 coins from 2017, not 50p.
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Re: Calling all Numismatists

Postby pembsexile » October 9th, 2018, 8:15 pm

Coin update 9 October. The last in the 5 set series of RAF coins is now available - F35 Lightening. Still no news on the release date of 2017 £2 Jane Austen or WW1 Aviation.
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