Cryptic crossword clue
Celebs not so spoilt, losing currency 11

The most common and most likely answer to this crossword clue is the 11 letter word OBSOLESCENT

I've seen this crossword clue in The Times
O
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Buddy explains!

The straight part
We know that "losing currency" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case losing currency = obsolescent.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does OBSOLESCENT mean?

OBSOLESCENT adjective
  1. In the process of becoming obsolete, but not obsolete yet.

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