Single Metal Two Pound Coins 1986-1996 2 Coins in Circulation page Commemorative £2 coins in a single metal (a brass alloy) were struck from 1986 to 1996, usually in very large numbers, but despite this, the £2 coin failed to catch on with the public until the bi-metallic, thinner, lighter coin was introduced in 1998. Some euro coins, however, are rare indeed, or rather, difficult to find: the 2 euro commemorative coin of Luxembourg 2010, Belgium 2005, Holland 2011, Germany 2006 have a value that is around 10€s. The piece rare 2 euro commemorative coin produced in Slovenia in 2007 can also be worth 25 euros.
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Commemorative £2 coins in a single metal (a brass alloy) were struck from 1986 to 1996, usually in very large numbers, but despite this, the £2 coin failed to catch on with the public until the bi-metallic, thinner, lighter coin was introduced in 1998.
There were a total of seven different commemorative single metal £2 coins issued, all of which are shown on this page. Specifications are shown at the bottom of this page. Note: Very rare trial coins are known of, with a ship reverse and the words ‘ROYAL MINT TRIAL’ on them.
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Commemorative £2 Coin, Type 1 (more information on the type numbers, here):
Obverse Type (bust design by Raphael Maklouf):
The obverse type with its portrait of the Queen by Raphael Maklouf was used on coins 1 to 6 (of 7).
Reverse Type (design by Norman Sillman):
Edge: XIII COMMONWEALTH GAMES SCOTLAND 1986.
Mintage for Circulation: 8,212,184.
Collectability/Scarcity: 1 (for scale details see here)
The story behind the design:
A thistle on a St Andrews cross to represent Scotland. The 13th Commonwealth games were held in Edinburgh:
Commemorative £2 Coin, Type 2 (more information on the type numbers, here):
Obverse Type (same as first image on this page)
Reverse Type (design by John Lobban):
Edge: the edge is plain and milled.
Mintage for Circulation: The total mintage for both 1989 coins is 4,777,891. Most of those (thought to be 4.4m) were this ‘Bill of Rights’ coin.
Collectability/Scarcity: 1 (for scale details see here)
The story behind the design:
The design shows the monogram of King William III and Queen Mary (W and M) crowned with the English crown, intertwined around the house of commons mace. The bill of rights was an act of English parliament, it’s full name was ‘An Act Declaring the Rights and Liberties of the Subject and Settling the Succession on the crown’ and it laid out basic civil rights:
Commemorative £2 Coin, Type 3 (more information on the type numbers, here):
Obverse Type (same as first image on this page)
Reverse Type (design by John Lobban):
Edge: the edge is plain and milled.
Mintage for Circulation: This ‘Claim of Right’ coin was apparently only circulated in Scotland and the mintage is thought to be as low as 346k.
Collectability/Scarcity: 4 – 5 (for scale details see here)
The story behind the design:
The design shows the monogram of King William III and Queen Mary (W and M) crowned with the Scottish crown, intertwined around the house of commons mace. The claim of right was an act of Scottish parliament that stripped James VII (James II of England) of his Scottish crown and passed it to King William (III) and Mary:
Commemorative £2 Coin, Type 4 (more information on the type numbers, here):
Obverse Type (same as first image on this page)
Reverse Type (design by Leslie Durbin):
Edge: SIC VOS NON VOBIS.
Mintage for Circulation: 1,443,116.
Collectability/Scarcity: 3 (for scale details see here)
The story behind the design:
The design shows the monogram of King William III and Queen Mary (W and M) crowned, with Britannia shown below and the dates 1694 and 1994. The Latin on the edge translates as ‘thus we labour but not for ourselves’. The coin commemorates the tercentenary of the Bank of England:
Commemorative £2 Coin, Type 5 (more information on the type numbers, here):
Rare 2 Pound Coins Pictures
Free football prediction for today. Obverse Type (same as first image on this page)
Reverse Type (design by John Mills):
Edge: 1945 IN PEACE GOODWILL 1995.
Mintage for Circulation: Thought to be 5,000,000. Slightly conflicting information gives a lower number.
Collectability/Scarcity: 2 (for scale details see here)
The story behind the design:
The design shows the dove of peace and commemorates 50 years since the end of WWII. Unusually it doesn’t feature a date on either side, but does have ‘1995’ on the edge. The quote on the edge is from Churchill’s: ‘In War: Resolution, In Defeat: Defiance, In Victory: Magnanimity, In Peace: Goodwill’.
Commemorative £2 Coin, Type 6 (more information on the type numbers, here):
Obverse Type (same as first image on this page)
Reverse Type (design by Michael Rizzello):
Edge: the edge is plain and milled.
Mintage for Circulation: Thought to be 1,750,000. Slightly conflicting information gives a lower number.
Collectability/Scarcity: 3 (for scale details see here)
The story behind the design:
The design shows the UN logo in an array of flags. This coin commemorates 50 years since the establishment of the United Nations in 1945:
Commemorative £2 Coin, Type 7 (more information on the type numbers, here):
Obverse Type (bust design by Raphael Maklouf):
Reverse Type (design by John Mills):
Edge: TENTH EUROPEAN CHAMPIONSHIP.
Mintage for Circulation: 5,141,350.
Collectability/Scarcity: 2 (for scale details see here)
The story behind the design:
The design shows a football with the date ‘1996’ in the centre. The coin was issued to mark the 10th UEFA European Football Championship held that year. The coin is slightly concaved and the obverse was altered and has no rim, adding to it’s chunky feel and appearance. Germany beat the Czech Republic 2 – 1 in the final:
Specifications for all 1986 – 1996 single metal £2 coins:
Size: 28.4mm
Width: About 3mm
Metal Composition: An alloy of copper, nickel and zinc (referred to as nickel-brass)
Weight: 15.98 grammes (which is the same weight as the gold double sovereign £2 coin)
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It’s official, the new £2 coin has turned 20 years old.
First launched in June 1998, the bi-metallic coin was the first of its kind since tin farthings, with a copper plug in the centre, were issued as tender back in 1692.
The £2 has stirred a tremendous amount of coin fever among collectors and, with new designs due to be released this year, the momentum isn’t showing signs of slowing.
Rare 2 Pound Coins List
Find out the rarest and most valuable £2 coins in circulation and some exciting new designs to look out for over the year.
What makes a coin rare and valuable?
Coins become rare when there are fewer in circulation. Often the more rare a coin is, the more valuable it becomes to collectors.
Resource’s such as Change Checker’s Scarcity Index can help give an indication of a coin’s value could be. Change Checker is an online platform that allows you to trade rare coins and notes with other collectors.
The Scarcity Index takes into account the following:
- How easy it is to find a coin, which is based on how many of each coin design are listed as “collected” by collectors registered on the platform.
- How ‘in demand’ a coin is, which is based on how many times collectors request to swap for a certain design.
Coins are given a score out of 100 and the higher the score the rarer and more potentially valuable a coin is.
- Find out more:the rarest and most valuable £2 coins revealed
Rarest and most valuable £2 coins 2018
£2 coins designed to commemorate the 2002 Commonwealth Games are the rarest in the UK.
Around 2.5m identical coins were issued for the games but there was one unique difference.
The total release was, in fact, divided into four sets and each set featured a different flag to celebrate the participating Home Nations – England, Wales, Scotland and Northern Ireland.
The Wales Commonwealth Games £2 coin is the rarest of the set and holds a scarcity score of 100. Only 588,500 coins were minted and could fetch around £90 on eBay.
With a scarcity score of 99, the Northern Ireland Commonwealth games £2 coin is the second rarest. Around 485,000 of this design were minted and it could fetch £56 on eBay.
The third rarest coin, with a scarcity score of 86, is the England Commonwealth Games £2 coin. Only 650,500 of this design were minted and it could earn you around £61.
The Scotland Commonwealth Games £2 coin currently has a scarcity score of 82. 771,750 of this design were minted, the highest of the commemorative sets, and it could earn you around £50 on eBay.
It’s important to note that a coin’s value also lies in the eyes of the collector, so this can also affect how much someone is willing to pay for a particular design.
- Find out more: the rarest coins and notes in circulation right now
New £2 coins 2018
This year has been a big one for collectible change, and has already seen the release of 26 rare A-Z of Britain 10p coins and four new Peter Rabbit 50p coins.
A series of new commemorative £2 coin designs will be released over the next 18 months, so keep your eyes peeled!
RAF £2 coin
Five new £2 coins have been designed to commemorate the Centenary of the Royal Air Force which formed on April 1 1918.
The first commemorative coin in the set was designed by Rhys Morgan, and features the RAF badge in the steel centre, to celebrate the Airforce as a whole.
The other four coins in were designed by brothers Richard and Neil Talbot and each feature a different iconic aircraft including the Spitfire, Vulcan, Sea King and Lightning.
WWI Armistice £2 coin
Designed by Stephen Raw this £2 coin commemorates the centenary of the WWI Armistice.
The coin features the quote ‘The truth untold, the pity of war’ from Wilfred Owen’s poem, Strange Meeting.
Owen was a soldier and poet, who’s works were published after he died in action at the age of 25.
Frankenstein £2 coin
Rare 2 Pound Coins 2016
A new £2 coin will be released this year to celebrate 200 years since the publication of Mary Shelley’s Frankenstein.
Designed by Thomas Doherty, the coin will have the word Frankenstein etched in electric gothic font on the steel coloured centre and feature the quote ‘The Modern Prometheus’ in the yellow outer ring.
Captain Cook £2 coin
Rare 2 Pound Coins Uk
It’s been 250 years since Captain Cook left British shores in search of new horizons.
To mark the occasion, a new £2 coin design featuring his ship the ‘HM Bark Endeavour’ will be released soon.
What to do if you find a valuable coin
If you’re lucky enough to stumble upon a rare coin the first thing to do is consult the Royal Mint to make sure it’s real.
They’ll usually send you a letter to confirm it’s authenticity.
Once you have this, you can sell it at auction, online or via a coin dealer.
Our video below explains the different types of coin you can collect and, for more information about how to spot an illegitimate coin, check out our recent investigation revealed: the dark side of the coin investment craze.