tekobo Posted May 7, 2018 Report Share Posted May 7, 2018 Just in time for the Abba reunion I have discovered something really cool about my money. I have been saving £2 coins for years. The pace has slowed recently because we use real money so rarely these days. A week or so ago I thought I really ought to count up the coins to see how many I have. I counted and weighed the first ten coins and then twenty to callibrate and then weighed the lot to see how much I had. £562. Hmmm. What to do with it? I can spend that easily with a few clicks online but spending real cash feels like a greater responsibility. First candidate was a medium Korin and some Binchotan but I am not sure if that is quite symbolic enough. No decision made yet. In meantime, I happened to mention my piggy bank to my greengrocer. His shop is one of the few places where I still spend and receive coins. He told me that some £2 coins are worth more than others. My curiousity was piqued and I found an article online this morning: https://www.thesun.co.uk/money/3524236/rarest-most-valuable-2-pound-coins-designs/ What fun, searching through my pile of coins. I wasn't aware of the different designs and the stories that each represent. The majority of my coins are the least valuable. But I have a number of different designs across the spectrum. And one of the most valuable on the list. This £2 is worth £40. I know this has nothing to do with KKs but I was so excited that I had to share this with someone and you were here. I like playing with money. 6 1 2 Quote Link to comment Share on other sites More sharing options...
Tangles Posted May 7, 2018 Report Share Posted May 7, 2018 Haha that’s great. I had a tin of special edition coins I collected over my life. Then kids came and used it as toys.... most of them are now lost. Much like my sleep. 2 Quote Link to comment Share on other sites More sharing options...
Aussie Ora Posted May 7, 2018 Report Share Posted May 7, 2018 56 minutes ago, tekobo said: Just in time for the Abba reunion I have discovered something really cool about my money. I have been saving £2 coins for years. The pace has slowed recently because we use real money so rarely these days. A week or so ago I thought I really ought to count up the coins to see how many I have. I counted and weighed the first ten coins and then twenty to callibrate and then weighed the lot to see how much I had. £562. Hmmm. What to do with it? I can spend that easily with a few clicks online but spending real cash feels like a greater responsibility. First candidate was a medium Korin and some Binchotan but I am not sure if that is quite symbolic enough. No decision made yet. In meantime, I happened to mention my piggy bank to my greengrocer. His shop is one of the few places where I still spend and receive coins. He told me that some £2 coins are worth more than others. My curiousity was piqued and I found an article online this morning: https://www.thesun.co.uk/money/3524236/rarest-most-valuable-2-pound-coins-designs/ What fun, searching through my pile of coins. I wasn't aware of the different designs and the stories that each represent. The majority of my coins are the least valuable. But I have a number of different designs across the spectrum. And one of the most valuable on the list. This £2 is worth £40. I know this has nothing to do with KKs but I was so excited that I had to share this with someone and you were here. I like playing with money. I have an old jack Daniels tin I throw my loose change in when it's full I just go to the bank usually get a couple of hundred .I have a separate jar of money I find on the street yes I will pick up that 5 cent coin last year that jar cashed in at nearly 50 dollars lol .its 2 Quote Link to comment Share on other sites More sharing options...
Tyrus Posted May 7, 2018 Report Share Posted May 7, 2018 Your sooo rich, order up pizza! I place my loose change in a draw and sometime in an old cigar box, it grows for about a year. I don't think I've ever seen the money because the recipient of these small fortunes has always been my daughters. I ask sometime what the take was and it's always just under 100$, that's I know because the draw becomes a chore to open. Good Luck Tekobo.........don't spend it all in one place. lol 1 1 Quote Link to comment Share on other sites More sharing options...
Bruce Pearson Posted May 7, 2018 Report Share Posted May 7, 2018 Nice little nest egg you have saved up Tekobo. Why not just keep saving it, never know when that elusive rare coin will show up lol. I like playing with money too if only I had some 1 1 Quote Link to comment Share on other sites More sharing options...
tekobo Posted May 7, 2018 Author Report Share Posted May 7, 2018 I went on to eBay straight after I posted my photos here and found that the sought after coins were not quite as valuable as I had been led to believe by the internet hype. That said, most are worth at least £7.50 each. I never realised that £2 coins from as recently 2002 could be worth more than their face value. Plan of action: 1. Smile and thank greengrocer for alerting me to this interesting and potentially lucrative wheeze. 2. Take all the standard £2 coins to the bank. Invest the total in premium bonds. 3. Hang on to the non-standard £2 coins and look out for more. Maybe one day in the future they will make me rich. All good. 1 Quote Link to comment Share on other sites More sharing options...
tony b Posted May 7, 2018 Report Share Posted May 7, 2018 It will be interesting to see how the value changes when you leave the EU? Quote Link to comment Share on other sites More sharing options...
tekobo Posted May 7, 2018 Author Report Share Posted May 7, 2018 1 hour ago, tony b said: It will be interesting to see how the value changes when you leave the EU? I am more worried about death and taxes. Once the old people who collect coins die off there will be no one to sell them to. I will ride out Brexit, move to a tax free haven and then sell, sell, sell before the Millennials take over the world. 1 1 Quote Link to comment Share on other sites More sharing options...
Pequod Posted May 7, 2018 Report Share Posted May 7, 2018 22 minutes ago, tekobo said: I am more worried about death and taxes. Once the old people who collect coins die off there will be no one to sell them to. I will ride out Brexit, move to a tax free haven and then sell, sell, sell before the Millennials take over the world. Wait a minute. You’re looking for a tax free safe space in a world run by those who need safe spaces? Seems...oddly symmetric. Quote Link to comment Share on other sites More sharing options...
tekobo Posted May 7, 2018 Author Report Share Posted May 7, 2018 6 minutes ago, Pequod said: Wait a minute. You’re looking for a tax free safe space in a world run by those who need safe spaces? Seems...oddly symmetric. Touché and too true! I'll re-train as a life coach and make money, helping them adjust to the real world when the realisation finally dawns that life just isn't fair, or safe. 1 2 Quote Link to comment Share on other sites More sharing options...
tony b Posted May 7, 2018 Report Share Posted May 7, 2018 Quote Link to comment Share on other sites More sharing options...
Bruce Pearson Posted May 7, 2018 Report Share Posted May 7, 2018 Hey as long as they feel good that’s the main thing Quote Link to comment Share on other sites More sharing options...
Tyrus Posted May 7, 2018 Report Share Posted May 7, 2018 A box of change, so political, do you have any old, good quality socks too donate Quote Link to comment Share on other sites More sharing options...
tekobo Posted May 9, 2018 Author Report Share Posted May 9, 2018 A box of change indeed. I walked up to the bank yesterday carrying my piggy bank. I was very proud. They took me down a peg or two. Apparently they don't just get out a scale and weigh it all. No. You have to pack it into bags of £20 and then they will weigh them. So I had to go and stand at a counter to sort myself, and my money, out. I am still excited. This lot came to £464 and, thanks to the power of modern technology, a couple of online clicks mean that I am now the proud owner of 464 more premium bonds. I won't earn any interest but each month I will have the chance of a small win or maybe even the £1m jackpot. Much better than storing them in a cupboard and I still have the rarer coins sitting in the cupboard appreciating in value. Cash is cool. 3 1 Quote Link to comment Share on other sites More sharing options...