Modern minting technology is really something. It can produce truly beautiful artwork in metal, and sometimes in precious metal.
The UK started minting 2 pound coins in 1986 and have made special versions for collectors in gold and silver. The obverses all have Queen Elizabeth II and the reverses have different patterns. All the coins are worth face value (2 pounds, about $3 US dollar) plus a premium. For gold and silver coins, the premium is equal to the current value of these precious metals. Most circulated coins are worth face value (FV) because they are made of non-precious metal and carry zero premium.
2 POUNDS NICKEL BRASS
worn thru well preserved: FV
fully uncirculated: FV plus $2 US dollars
2 POUNDS BI-METALLIC (copper-nickel and nickel-brass)
worn thru well preserved: FV
fully uncirculated: FV plus $2 US dollars
2 POUNDS SILVER
worn thru well preserved: FV + BV
fully uncirculated: FB + BV + $10
2 POUNDS GOLD
worn thru well preserved: FV + BV
fully uncirculated: FB + BV + $50
To compute the base value (BV) for these coins, multiply their gold or silver content by the current price of these precious metals (look up the price on kitco.com, it changes every day).
2 POUNDS SILVER: 0.475 troy ounces silver
2 POUNDS GOLD: 0.471 troy ounces gold
So, for instance, a 1986 2 pound gold coin fully uncirculated at today's gold price ($1390 USD per troy ounce) would be worth 3 + 0.471x1390 + 50 = $707 US dollars.
Created (yyyymm): 201304, Last review: 201411
Appearance: Normal round coin Metallic gray Metallic yellow Letters: Latin
Years: sort: 1986, filter: 1986 to 2050
Image: great_britain_2_pounds_mix.jpg
Original inquiry: elizabeth ii dei gratia regina f d two pounds around the edges of the first side of coin. queen elizabeth ii in the middle. second side of coin: thistle plant with laurel leaves on top of a background with a cross. date 1986 above the thistle image. inscription on coin edge reads - xiii commonwealth games scotland 1986 elizabeth thistle crown scroll oval bird flag soccer circle crown tiara thistle circle ring
There are several rare 2 pound coins in circulation. The vast majority of them were issued to celebrate some kind of special event. The value of these rare British coins does not only depend on their rarity or age. Some old coins may indeed not be of great value if millions of them have been issued. Gibraltar: Coins Series: G70 - Two Pounds (The Labours of Hercules) 1/4. Buy, sell, trade and exchange collectibles easily with Colnect collectors community. Only Colnect automatically matches collectibles you want with collectables collectors offer for sale or swap. Colnect collectors club revolutionizes your collecting experience! Coin-making has been cut by The Royal Mint but stocks of every coin in circulation are exceeding its targets. For £2 coins, the hoard is 26 times over target. A spokeswoman for The Royal Mint said.
- For a two pound coin! While the coin has not yet been taken to the coin auction – which we can only presume is an incredibly fun place that looks like Scrooge McDuck’s vault – experts say the coin’s odd look is similar to one found in another super-rare coin, a silver 2p, that was found earlier this year and was estimated to be worth £.
- Detailed images and information about £2 coin series Commemorative 2 pound coins from United Kingdom. The series content bimetal: cuni, nordic gold coins and the coins are of Proof, BU, UNC quality. Visit the best collector and commemorative coin website: The Collector Coin Database.
The £2 coins in base metal (as opposed to the gold double sovereign, which has a nominal face value of one pound too), nickel-brass, were introduced in 1986. They were modelled on the gold issues, having the same weight and diameter, although thicker - since gold is heavier than base metal. It is not uncommon for people to think they have found a gold coin in their change; however, a true gold coin would be struck in a proof finish and would have a more coppery colour.
The entire series of seven different designs in five different years were all commemorative coins, produced largely to appeal to collectors. All are available in different metals versions (nickel-brass, silver and gold). Due to their low mintage, these coins are collected and kept by the public and do not circulate in any realistic manner.
Two Pounds Coin
This 2 pound coin commemorates the XIII Commonwealth Games which were held in Edinburgh between 24 July and 2 August 1986. It is the first commemorative coin in the UK where the theme is a sporting event. The reverse design by Norman Sillman features a Scottish Thistle superimposed on St Andrew's Cross, which is also a symbol of Scotland. Uncharacteristically for British coins, the date is on the reverse, while the value and denomination are on the obverse.
2 Pounds British Coins
After 1996, the bi-metallic Technology type £2 coin was issued, and all later £2 coins have been bi-metallic. Even though this coin type was superseded by the modern bi-metallic format, these coins are still legal tender.