Two Pounds - 1986 to 2022 - Price Guide
After a review of the United Kingdom coinage in 1994, it emerged that there was a requirement for a £2 coin to enter general circulation. A consultation process took place with the vending machine industry, members of the public and special interest groups, such as the RNIB and Age Concern. The consensus of opinion from the consultation favoured a bicolour coin, because it would be easily distinguishable from the other coins in circulation.
Originally, the intention was to issue the £2 coin in November 1997 and millions of coins were struck with the Raphael Maklouf portrait of Queen Elizabeth II on the obverse in readiness for launch. Concerns, however, emerged from the vending industry prior to the issue date. Production was placed on hold, whilst further tests were carried out, and resumed in 1998, featuring the new portrait of Her Late Majesty by Ian Rank-Broadley on the obverse.
Click on a coin to view additional values, details and varieties about it.
- Uncirculated
- Proof
Uncirculated (Mint state): Defines business strike coins that barely or never been in circulation. Circulated decimal British coins are usually worth face value.
Proof (PR): Planchets of these coins (not intended for circulation) were polished before struck (usually struck twice for higher quality). The field of Proof coins wear a cameo aspect.
