The first world war £2 coin: It was created to commemorate the 100th anniversary of the First World War and was designed by David Rowlands.
However, the commemorative coin gives special attention to the Royal Navy.
Most people refer to it simply as a First World War coin, but the coin’s real name is the Sure Shield of Britain, according to the Royal Mint’s archive.
The design depicts a battleship arriving on the open sea, and it serves as a remembrance of the wartime coastal efforts from over a century ago.
Lets discuss about the First World War £2 in brief and its worth. Follow chopnews to get more recent updates
What Is The Rarity Of A First World War £2 Coin
Only 650,000 First World War (Navy) £2 are known to exist.
In comparison, there are around 417 million £2 coins in circulation worldwide, having a face value of £834 million.
While that’s a lot of change to process, Change Checker’s recent scarcity index update sheds light on where this specific £2 stands in comparison to others.
It has a score of 74, which puts it near the top of the rankings.
The scarcity index assigns a number between 1 and 100 to each coin, indicating how difficult it is to locate them as well as how popular they are.
The greater the number, the rarer the coin, and thus the more precious it is.
It is currently ranked fourth in the most recent update, with only the Commonwealth £2 coin collection topping it.
Since the last assessment, the Navy coin has moved up two spaces.
What Is The Value Of A £2 Coin From The First World War?
Despite its rarity, the coin has sparked little interest on sites like eBay and other online auctioning sites.
The most the coin has recently sold for is £21.
While this is still more than face value, it’s only around ten times what you’d get for it if you sold it as general tender.
If you wish to sell a replica of the currency on your own, you might consider having it officially confirmed by change professionals to add value to the transaction.
Alternatively, you may finish the War collection and sell it as a package.
When purchasing and selling on eBay, you must consider all of the hidden expenses, so when you add up seller fees and delivery, to mention a few, you may only make as much as the face value of the coin.
Is There Anything Else Like It?
It isn’t the only design from the First World War.
There is also a copy that was released a year before the Navy edition, but it is not as uncommon.
The Kitchener design incorporates images that was popular in British government propaganda operations during WWII, although only 5,720,000 copies were produced when it was released in 2014.
As a result, it’s less valuable to collectors than the Navy copy because it’s more likely to turn up in your change.
However, there is an extremely uncommon error-filled variant of the coin that has sold for as much as £500 in the past.
Only two have ever been found in collectors’ change, thus finding one is extremely precious.
Another copy was released in 2016, although the third issue Army version, with a mintage quantity of 9,550,000, is considerably more popular.
Is It Possible That The Other Coins In My Change Are Valuable?
Similar designs are typically sought for by collectors, much like how each of the First World War coins is commemorative. For example, there’s a collection with 29 different designs of each of the sports from the 2012 Olympic games, and these often sell for more than face value.
Some sell for more than others, however this is because to the extremely low mintage statistics.n However, a coin will only sell for more than its face value if someone is prepared to pay that much.
The Kew Gardens 50p is one of the most popular coins to collect, and it may fetch over £300 in some situations due to its scarcity. Coins with flaws frequently attract a lot of attention.
However, interest in them can fluctuate from day to day, so there’s no assurance you’ll be rich if you buy one. You can estimate how much your own change might sell for by looking at other eBay auctions.
However, be wary of imposters, as they frequently appear on the internet. You should also keep in mind that on eBay, a buyer may back out, meaning the coin will not have sold for the stated price.
If you’re concerned or want a solid answer on the value of your change, you can consult experts like Coin Hunter or The Royal Mint. They’ll be able to inform you if your change is worth the same as or more than what others are saying.