The Royal Mint has begun the countdown to Christmas by introducing a new series of joyful 50p coins including the characters from the iconic film The Snowman.
It implies the titular character from the 1982 film and his friend James have actually found themselves on a Christmas coin for the third successive year, after the Mint launched versions in 2018 and 2019.
While This is Cash discovered ourselves in a line of just 9 people at 9am today, recommending controlled need for the new coin, the Royal Mint stated there was a waiting list of around 1,500 individuals when it went on sale on its site.
It said this was a ‘high’ number of people. Some previous releases of commemorative coins have crashed the Royal Mint’s website or left shoppers dealing with long queues, however this has not been a problem on this event.
None of the Snowman coins have yet offered out.
The most recent joyful 50p from the Royal Mint features an accept in between James and the Snowman, characters from the 1982 Christmas timeless ‘The Snowman’
The latest 50p will be purely celebratory and will not enter flow, much like its two predecessors.
The coin, which the Royal Mint has actually launched four versions of, features James hugging the Snowman, which its designer stated helped ‘remind us of the significance of a hug and our love for one another’ after ‘a year where a number of us have actually been separated’.
Robin Shaw, who dealt with the 2012 TV follow up to The Snowman, The Snowman and the Snowdog, in addition to other adaptations of kids’s books like The Tiger who Came to Tea and Paddington Bear, added: ‘In developing the 2020 style I wished to capture this special bond between the Snowman and James in acknowledgment of Raymond Briggs’ classic tale which unifies us each Christmas.’
The coin will sell on the Royal Mint’s website for between ₤ 10 and ₤ 1,125, depending on whether collectors go with a brilliant uncirculated, fantastic uncirculated (coloured), silver evidence or gold proof variation.
Limitless varieties of the fantastic uncirculated version will be available, but the other 3 will have limited schedule.
The latest design was developed by the animator Robin Shaw, who dealt with the 2012 sequel to the original The Snowman, The Snowman and The Snowdog
There will be 15,000 coloured brilliant uncirculated coins available, 7,000 silver proofs and just 275 gold variations, which will be cost the leading cost of more than ₤ 1,000.
It implies there are less readily available silver and gold evidence versions of the 2020 coin than in previous years, with the number of offered silver proof coins far lower than last year, when the Mint put 25,000 up for sale.
The Royal Mint’s Claire Maclennan said: ‘Each year our coins celebrating the Snowman prove incredibly popular with adults and children alike, and we hope this year’s design illustrating a hug will be a poignant addition to the collection.’
The original 1982 The Snowman has now been featured on a festive 50p for 3 years, and is a Christmas TELEVISION classic
Have previous versions ‘flown’ off the digital shelves ?? With 2020 the 3rd successive year in which the Royal Mint has released a festive 50p including James and the Snowman, This is Cash took a look to see if there had actually been a dash through the snow for the 2018 and 2019 versions.
Regrettably, the Mint has just launched commemorative coin sales figures for as just recently as 2017, indicating we don’t have a concept of how many uncirculated versions were sold, and for that reason it’s harder to gauge their worth.
Although, as any coin collector will tell you, a coin deserves whatever someone else wants to pay for it.
Has the cost of the Snowman 50p snowballed in the last few years?
2018 50p 2019 50p 2020 50p Brilliant uncirculated – cost/number offered ₤ 10 – unlimited ₤ 10 – unlimited ₤ 10 Dazzling uncirculated (coloured) – cost/number offered N/A N/A ₤ 20 – 15,000 Silver evidence – cost/number offered ₤ 60 – 15,000 ₤ 65 – 25,000 ₤ 67.50 – 7,000 Gold – cost/number offered ₤ 775 – 400 ₤ 680 – 600 ₤ 1,125 – 275 Source: Royal Mint
Remarkably enough, the market prices of the Snowman coins have in fact increased over the last few years.
The cost of the silver evidence has increased from ₤ 60 to ₤ 67.50 in between 2018 and 2020, while the number offered from the Mint has fallen from 15,000 to 7,000. And the gold proof variation has seen its schedule reduced from 400 in 2018 to 275 this year, with its cost increasing from ₤ 775 to ₤ 1,125.
The Mint stated rates were evaluated to show the long term boost in the price of gold, and brand-new functions such as colour printing. It insisted its costs were competitive.
Relying on eBay, some sellers seem making a small profit on the retail cost of ₤ 10 on the 2019 version.
One listing revealed a number of variations of the coin, which shows James with the Snowman supported him, cost ₤ 12.97 and ₤ 12.47 in late November.
The 2019 the Snowman 50p has actually cost as much as ₤ 12.97, but many sellers have actually made a loss on the initial retail price of ₤ 10.
Nevertheless, on the entire costs tend to be lower than that, with some collectors saving money by getting their shopping in really early.
On one listing, the coin might be had for just ₤ 7.99 in August, rising to ₤ 9.95 by last weekend.
And a comparable trend, of sellers installing rates as the joyful period techniques, can also be seen with the 2018 50p.
However, this coin normally seems worth more in the eyes of collectors, perhaps because it captures the iconic scene of the set flying, with the 2 envisioned above Brighton pier.
The very first coin to feature the characters in 2018 seems better to collectors. EBay listings likewise show it increasing in price in the run up to Christmas.
One listing showed it having actually cost ₤ 14.99 given that 30 September, ₤ 15.99 from 22 October, ₤ 17.99 from 25 November and ₤ 18.99 on the last weekend of November.
Another listing seen by This is Cash showed it costing ₤ 17.68.
And those collectors seeking to get their hands on both previous versions, possibly due to the fact that they wish to line up all three, can also snap up a slight discount rate.
Collectors looking to complete the trine could discover both 2018 and 2019 coins together for a discount, however a lot of these sets have currently offered out.
A restricted variety of listings which showed brilliant uncirculated variations of both coins sold together noted them for ₤ 19.95, or roughly ₤ 9.97 each.
On the other hand those looking to try and get the best possible price for the new festive 50p, instead of paying over the chances on eBay, were handed some unorthodox recommendations from the blog site Coin Hunter, which offers and values modification.
In an e-mail to This is Money, they said: ‘If you desire this coin, however not as a Christmas present, wait up until the new year, as The Royal Mint often minimize costs of unsold stock as interest wains, as it will for a Christmas coin release.’