The

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

two pound coin (£2) is a denomination of sterling coinage. Its obverse has featured the profile of

Queen Elizabeth II Elizabeth II (Elizabeth Alexandra Mary; 21 April 19268 September 2022) was Queen of the United Kingdom and other Commonwealth realms from 6 February 1952 until Death and state funeral of Elizabeth II, her death in 2022. ...

since the coin’s release. Three different portraits of the Queen have been used, with the current design by Jody Clark being introduced in 2015. The reverse design features

Britannia The image of Britannia () is the national personification of United Kingdom, Britain as a helmeted female warrior holding a trident and shield. An image first used by the Romans in classical antiquity, the Latin was the name variously appli ...

. The

coin A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by ...

was released on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation £2 coin was needed.Two Pound Coin Designs and Specifications
Royal Mint The new bi-metallic coin design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions. Although legal tender, those earlier coins had never been common in everyday circulation. As of March 2014 there were an estimated 417 million £2 coins in circulation with an estimated face value of £834 million. Beyond the usual commemorative versions, no standard two pound coins have been minted for general circulation since 2016, although examples have been issued in uncirculated sets at a premium. This was because the concurrent introduction of the new version of the one pound coin had put enough £2 (and 20 pence) coins back into circulation, as people emptied coin jars primarily for the older one pound coin that was due to be withdrawn. £2 coins are

legal tender Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment in court for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything ...

to any amount when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions.

Design

The original reverse of the coin, designed by Bruce Rushin, is an abstract design symbolising the history of technological achievement, accompanied by the words TWO POUNDS above, and the year of minting below. This was the first bi-metallic coin to be produced for circulation in Britain since the tin farthing with a copper plug produced in 1692, and is the highest-denomination coin in common circulation in the UK. The coin consists of an outer yellow metal nickel-brass ring made from 76%

copper Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orang ...

, 20%

zinc Zinc is a chemical element; it has symbol Zn and atomic number 30. It is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic tabl ...

, and 4%

nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

, and an inner steel-coloured cupro-nickel disc made from 75% copper, 25% nickel. The coin weighs and is in diameter. The design itself was first tried out in 1994 when the Royal Mint produced a short run of demonstration pieces to the new bi-metal standard. These pieces were not for circulation and were simply intended to test the manufacturing process. The coin was technically similar to the version which eventually entered circulation with the Maklouf effigy of

on the obverse and the image of a sailing ship similar to that previously used on the reverse of the pre-decimal halfpenny piece. The inscription on the reverse read ROYAL MINT TRIAL 1994 with an edge inscription based on the one pound coin which read DECUS ET TUTAMEN ANNO REGNI XLVI, meaning "An ornament and a safeguard – n the46th year of erreign". The 1994 pieces were never legal tender but were eventually released for sale as part of a presentation set in 1998. At the same time in 1994 the Royal Mint produced a mono-metallic trial two-pound coin, with the same ship reverse and inscription, but otherwise similar to the earlier commemorative coins. These were never issued in presentation sets, and so are much scarcer than the bi-metallic version. Because of technical difficulties, the 1997-dated coins, which bear the effigy of Queen Elizabeth II by Raphael Maklouf, were not released to circulation until June 1998 (the same time as the 1998-dated coins). Coins dated 1998 and later bear the effigy of the Queen by Ian Rank-Broadley. The Maklouf-effigy coins bear the inscription ELIZABETH II DEI GRATIA REGINA F D on the obverse; the Rank-Broadley coins bear the inscription ELIZABETH II DEI GRA REG FID DEF. The reverse of the regular-issue coin, designed by Bruce Rushin, bears a concentric design symbolically representing technological development from the

Iron Age The Iron Age () is the final epoch of the three historical Metal Ages, after the Chalcolithic and Bronze Age. It has also been considered as the final age of the three-age division starting with prehistory (before recorded history) and progre ...

, through the

Industrial Revolution The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a transitional period of the global economy toward more widespread, efficient and stable manufacturing processes, succee ...

and the Electronic Age to the

Internet The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...

, with the inscription TWO POUNDS above the design and the date below. An oddity of the design is that it depicts nineteen interlocking gears. Because it is an odd number of gears, the mechanism could not actually turn. The coin has the edge

inscription Epigraphy () is the study of inscriptions, or epigraphs, as writing; it is the science of identifying graphemes, clarifying their meanings, classifying their uses according to dates and cultural contexts, and drawing conclusions about the wr ...

STANDING ON THE SHOULDERS OF GIANTS, a quote taken from a letter by

Isaac Newton Sir Isaac Newton () was an English polymath active as a mathematician, physicist, astronomer, alchemist, theologian, and author. Newton was a key figure in the Scientific Revolution and the Age of Enlightenment, Enlightenment that followed ...

Robert Hooke Robert Hooke (; 18 July 16353 March 1703) was an English polymath who was active as a physicist ("natural philosopher"), astronomer, geologist, meteorologist, and architect. He is credited as one of the first scientists to investigate living ...

, in which he describes how his work was built on the knowledge of those that had gone before him. "If I have seen further, it is by standing on the shoulders of giants." Newton was Warden and later Master of the Royal Mint. In February 2015, the Royal Mint announced that a new design featuring

by Antony Dufort would replace the previous design. The new coins feature the edge inscription QUATUOR MARIA VINDICO, meaning "I claim the four seas", an inscription previously featured on coins bearing the image of Britannia. In October 2023 the King Charles III two-pound coin was presented; the coin features the national flowers – a rose for England, a daffodil for Wales, a thistle for Scotland and a shamrock for Northern Ireland. The coin has the edge inscription IN SERVITIO OMNIUM ("In the service of all"), taken from the King's inaugural speech in September 2022.

Variants

In addition to the standard designs there have been several variant reverse designs used on the £2 coin to commemorate important events. These are summarised in the table below.

"Inverted effigy" coins

In 2015, a small number of £2 coins entered circulation that featured the Queen’s head rotated clockwise by approximately 150 degrees. The Royal Mint stated that the misalignment of the Queen’s effigy was "almost certainly the result of one of the dies working loose and rotating during the striking process". Change Checker, a coin dealing website, suggests that the rotated die may have affected as few as around 3,250 coins.

Mintages

Notes

References

External links

Royal Mint – £2 coin
{{DEFAULTSORT:Two Pounds (British Decimal Coin) 1986 establishments in the United Kingdom Bi-metallic coins Coins of the United Kingdom Two-base-unit coins