Sideline collection ~ £2 coins

[davidrj 194]

Boring ? I love the £2.00 coin !!! (in fact I ought to start an appreciation society)

I agree!, it feels like real (Lsd) money, chunky not like the rest of decimal stuff

David

[Sylvester 15]

I remember near the end, around 1991 or so I was sent to the shop with a George V Florin to purchase a bottle of milk (despite my protests that I didn't actually want to spend this), my mother won the argument and it was spent.

OMG, not a 1932 or a 1925 I hope??

Actually, it must have been 1992 (not 1991), I can pin point it to that year because I remember my grandfather had just moved house and it wasn't long after he started working in a junk yard. It was on a trip there that I acquired a 1918 florin from a box full of loose coins (it was full of hundreds of predecimal pennies and florins, shillings, 6ds, 3ds etc. that had all been found here there and everywhere).

As for the one I spent I can't remember the date exactly but what I do know is that it was one of the post-27 design coins, I remember that well because it was the first one of that design i'd ever seen and I wanted it for my set!

I did manage to nag my mother enough that she sent me back on with a Liz II florin hoping to get it swapped, the PO owner checked through the till but it had gone by the time i'd got back. I've always suspected they actually took it out and kept it themselves, I remember them commenting that they hadn't seen one for a long time.

In 1993, however, when the florins were withdrawn I stockpiled a few quids worth of old florins, most were George VI, sadly none were silver.

[RobJ 0]

{Ok chaps, diversion over - now you can drag the discussion kicking and screaming back to the boring old £2 coin! }

Boring ? I love the £2.00 coin !!! (in fact I ought to start an appreciation society)

I agree!, it feels like real (Lsd) money, chunky not like the rest of decimal stuff

David

Thats right Chaps, you tell him! lol

If only there were some way that we could get Peckris to join us in the 'Dark Side' of collecting £2 Coins from change...

[Peckris 579]

{Ok chaps, diversion over - now you can drag the discussion kicking and screaming back to the boring old £2 coin! }

Boring ? I love the £2.00 coin !!! (in fact I ought to start an appreciation society)

I agree!, it feels like real (Lsd) money, chunky not like the rest of decimal stuff

David

Thats right Chaps, you tell him! lol

If only there were some way that we could get Peckris to join us in the 'Dark Side' of collecting £2 Coins from change...

LOL You think I can AFFORD to stockpile £2 coins???

[RobJ 0]

LOL You think I can AFFORD to stockpile £2 coins???

Don't think of it as stockpiling them Peckris, think more of it as a 'Savings Scheme.'

You collect them from your change and when you find a better example you 'Pay it in' and swap it for the one that you already have and then you 'Withdraw' the other one in into your pocket, thus not only saving you £2 each time but also leaving you with future assets. lol

And if that doesn't convince you I don't know what will. lol

[scott 144]

or sell the spare one on ebay for to make up for the previous

so yes

[David 0]

The local coin shop that I go to gives the old £2 coins as change over the past few months I have received a 1986 Commonwealth games £2 and a 1995 Dove of peace in my change. Also a mint looking 2000 £1 coin, my personal theory is that the shop owner opens BU sets to use for change in the till.

[RobJ 0]

or sell the spare one on ebay for to make up for the previous

so yes

Excellent point Scott! lol

[RobJ 0]

The local coin shop that I go to gives the old £2 coins as change over the past few months I have received a 1986 Commonwealth games £2 and a 1995 Dove of peace in my change. Also a mint looking 2000 £1 coin, my personal theory is that the shop owner opens BU sets to use for change in the till.

A Coin Shop that I used to visit until it recently closed used to do a similar thing David.

The owner used to pull out a bag of £2 Coins and asked if there were any that I needed and if there were, I was given them in my change.

I thought that it was actually quite a good idea. lol

[1949threepence 3,367]

The local coin shop that I go to gives the old £2 coins as change over the past few months I have received a 1986 Commonwealth games £2 and a 1995 Dove of peace in my change. Also a mint looking 2000 £1 coin, my personal theory is that the shop owner opens BU sets to use for change in the till.

A Coin Shop that I used to visit until it recently closed used to do a similar thing David.

The owner used to pull out a bag of £2 Coins and asked if there were any that I needed and if there were, I was given them in my change.

I thought that it was actually quite a good idea. lol

It's a neat move which makes the thought of a visit to the shop a bit more tempting, and it's also a welcoming gesture.

[RobJ 0]

It's a neat move which makes the thought of a visit to the shop a bit more tempting, and it's also a welcoming gesture.

Agreed:)

It's just a shame that Coin Shop closed. They had quite a good selection of Decimal Coins.

Also the owner wasn't adverse to opening a Royal Mint Set if there were particular coins that you needed from it. I managed to obtain a few of my BU £2 and 50p Issues that way.

[DaveG38 405]

Lots of 2009 £2 coins appearing now - I've had 4 of the technology ones in the last couple of days down here in the SE.

[Rob 3,152]

It's a neat move which makes the thought of a visit to the shop a bit more tempting, and it's also a welcoming gesture.

Agreed:)

It's just a shame that Coin Shop closed. They had quite a good selection of Decimal Coins.

Also the owner wasn't adverse to opening a Royal Mint Set if there were particular coins that you needed from it. I managed to obtain a few of my BU £2 and 50p Issues that way.

I don't know what else the shop sold, but decimal coins are not a very good basis for a business plan unless you can monopolise the market. The average cost of decimals is too low to make much of an income. When you are selling coins for pence or a few pounds at most, you need to sell too many for it to be cost effective. Mail order would be different, but passing trade would definitely not supply enough customers on a recurring basis.

[SionGilbey 1]

Try WHSmiths, most of the change you get there (at least in my local) is fresh from the tube.

[RobJ 0]

Lots of 2009 £2 coins appearing now - I've had 4 of the technology ones in the last couple of days down here in the SE.

They certainly are Dave!

I haven't seen a Darwin £2 Coin for a little while, and I have only seen one 'Robert Burns' £2 Coin to date. All I seem to see now is almost Mint State 2009 'Technology' £2 Coins. lol

[RobJ 0]

I don't know what else the shop sold, but decimal coins are not a very good basis for a business plan unless you can monopolise the market. The average cost of decimals is too low to make much of an income. When you are selling coins for pence or a few pounds at most, you need to sell too many for it to be cost effective. Mail order would be different, but passing trade would definitely not supply enough customers on a recurring basis.

The Shop used to sell everything from Hammered Coins to Pre Decimal Coins (And everything inbetween. lol) The owner always told me the same things that you have said here about Decimal Coins Rob. And for them it was just a way to have some added income when they were sold.

As far as I am aware, the owner only closed the Shop as they were relocating to a different part of the country and they would remain in business.

Sadly, it was the only Coin Shop in my local area which did have a decent range of Decimal Coins, there is another one but it only sells a few Royal Mint Sets. So I now need to find somewhere else to obtain the ones that I would like.

It does really highlight, however, that there is no real secondry market, as such, in modern Decimal Issues. Perhaps in the future that may change.

[RobJ 0]

I haven't seen a Darwin £2 Coin for a little while.

It is typical that I should say that, as I received one in my change this morning. lol

Ok, let me try this again...

I haven't seen a 1933 Penny for a little while.

[davidrj 194]

Ok, let me try this again...

I haven't seen a 1933 Penny for a little while.

Nor me! 1954 is proving tricky too

[scott 144]

i havn't seen a £50 note in a while either come to think of it

[RobJ 0]

Nor me! 1954 is proving tricky too

OK, Just for you David...

I haven't seen a 1954 Penny for a little while.

Well, it's worth a try, is it not? lol

[RobJ 0]

i havn't seen a £50 note in a while either come to think of it

Sorry Scott, this only seems to work with coins.

[RobJ 0]

Also, have you got the 1992 single market 50p (mintage only 109,000) ?

With that I have had much better luck!...

...So now I have 3 of them. Only 108,977 to go. lol

Very well done on that. I never managed to get one at all !!!

I was re-reading through this thread and remembered that you had said that 1949.

I don't know if you collect Commemorative 50p Coins as well as Commemorative £2 Coins, or if you have managed to obtain one since you posted your reply, but I have a spare 1992 'Single Market' 50p Coin if it is of any use to you?

[scott 144]

now there is something i have been after

[RobJ 0]

now there is something i have been after

A 1992 'Single Market' 50p Coin Scott?

Edited January 8, 2011 by RobJ

[scott 144]

yes that is exactly the thing