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I've Searched Through £5000 Worth Of £2 Coins Since 2016!

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NumisRob's Avatar
United Kingdom
17905 Posts
 Posted 07/16/2024  12:31 pm Show Profile   Check NumisRob's eBay Listings Bookmark this topic Add NumisRob to your friends list Get a Link to this Message Number of Subscribers
Since 2016 I've now searched through exactly £5,000 worth of £2 coins. There have been no £2 coins issued for circulation to my knowledge since 2016. Here is an analysis of the 2,500 coins I've checked!

TOTAL CHECKED 2500 FACE VALUE £5,000

Definitive coins:
1997 56
1998 366
1999 165
2000 125
2001 158
2002 73
2003 82
2004 53
2005 29
2006 75
2007 50
2008 128
2009 59
2010 41
2011 145
2012 27
2013 134
2014 101
2015 Rank-Broadley 358
2015 Jody Clark 3
2016 Jody Clark 12 TOTAL 2240

Commemorative coins:
1999 Rugby 9
2001 Marconi 10
2002 Games 0
2003 DNA 6
2004 Locomotive 11
2005 St Pauls 22
2005 Gunpowder Plot 13
2006 Brunel 10
2006 Station 21
2007 Union 17
2007 Slavery 23
2008 Games Centenary 2
2008 Games Handover 0
2009 Burns 3
2009 Darwin 7
2010 F Nightingale 4
2011 Bible 1
2011 Mary Rose 1
2012 C Dickens 13
2012 Games Handover 0
2013 Guinea 7
2013 Tube Train 2
2013 LT Logo 0
2014 Trinity House 9
2014 WW1 9
2015 WW1 8
2015 Magna Carta 2
2016 Fire of London 3
2016 WW1 16
2016 Shak History 18
2016 Shak Comedy 3
2016 Shak Tragedy 7 TOTAL 257

Others

2011 forgery 1
2012 forgery 1
2015 forgery 1

GRAND TOTAL 2500

I have previously found at least two of the 2008 Games Handover coins in circulation, all four varieties of the 2002 Games coins and at least two London Transport Roundel coins. I've never had a 2012 Games Handover coin in circulation.
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Spence's Avatar
United States
34397 Posts
 Posted 07/16/2024  12:45 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Interesting to see the stats on this @numis. To help me learn something today, can you describe the process for dealing with the counterfeits that you encountered? Obviously you didn't spend them, but are you allowed to keep them or are you supposed to send them into a government agency for investigation? Thx for teaching us Yanks about this!
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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jbuck's Avatar
United States
187862 Posts
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NumisRob's Avatar
United Kingdom
17905 Posts
 Posted 07/16/2024  3:25 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply

Quote:
To help me learn something today, can you describe the process for dealing with the counterfeits that you encountered? Obviously you didn't spend them, but are you allowed to keep them or are you supposed to send them into a government agency for investigation?

If I sent them to The Royal Mint they would be confiscated and I'd get nothing in return, so I've kept them.
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Dearborn's Avatar
United States
95200 Posts
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daltonista's Avatar
United States
1058 Posts
 Posted 07/16/2024  11:11 pm  Show Profile   Bookmark this reply Add daltonista to your friends list Get a Link to this Reply

Rob, were you looking for anything in particular?

Let's see now -- 2,500 coins over eight years works out to fewer than one coin a day! Seems like a pretty relaxed schedule, ho ho!


I'm guessing you weren't bringing these home from the bank in rolls (...which is something lots of American collectors do, looking for mint errors, scarce mintmarks, etc.).


"If everything seems to be under control, you're just not going fast enough."
--- Mario Andretti


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NumisRob's Avatar
United Kingdom
17905 Posts
 Posted 07/17/2024  04:20 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply

Quote:
Rob, were you looking for anything in particular?

Not really, just interested to see how many of each type and date I could get. Also, when I started surveying these, I hadn't got examples of the 2016 commemoratives for my collection.

I did get quite a few £20 bags of coins from the bank as well as note down the dates of each £2 coin I got in change, I didn't really worry about how long it was taking me as no £2 coins have been issued for circulation since I started the survey, so the results won't have been distorted by new coins being released.
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Spence's Avatar
United States
34397 Posts
 Posted 07/17/2024  06:26 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply

Quote:
I've kept them.


Ok thx for the explanation.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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daltonista's Avatar
United States
1058 Posts
 Posted 07/17/2024  10:03 am  Show Profile   Bookmark this reply Add daltonista to your friends list Get a Link to this Reply

Got it, Rob...more like a census.

Were the earlier 2P coins, like my lonely 1986 Games commem, not "released into circulation"?

Quite an undertaking!



"If everything seems to be under control, you're just not going fast enough."
--- Mario Andretti


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PaddyB's Avatar
United Kingdom
945 Posts
 Posted 07/17/2024  10:32 am  Show Profile   Bookmark this reply Add PaddyB to your friends list Get a Link to this Reply
Correct - the pre 1997 single colour £2 coins were not intended for circulation, just as commemoratives, although the banks I think still take them at face value.
For info the types with mintage figures are:
1986 Commonwealth games, 8,212,184
1989 Bill of Rights, 4,392,825
1989 Claim of Rights, 381,400
1994 Bank of England, 1,443,116
1995 50th anniversary End of WW2, 4,394,566
1995 50th anniversary of United Nations, 1,668,575
1996 European Football Championships, 5,195,350

So Claim of Rights is far an away the scarcest and can make £30 or more. My favourite design though is the 1996 football one.
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