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For free advice from our coin valuations team, please call 01926 499031 to discuss your item. In person at one of our offices. Callers are welcome to visit our Warwick office to request a coin valuation during normal office hours – 9am to 5pm from Monday to Friday. Rare coin valuations are occasionally possible on the same day by prior ...
- Introduction to The UK £2 Coin
- Consultation and Design Decision
- Edge Inscription and Approval
- Production and Launch
The United Kingdom’s coinage underwent a significant review in 1994, leading to the introduction of a new £2 coin. This decision was influenced by the need for a higher denomination coin in general circulation.
The Need for a Distinctive Coin
A thorough consultation process was initiated, involving the vending machine industry, the general public, and special interest groups like the Royal National Institute of Blind People (RNIB)] and Age Concern. The consensus favored a bi-color coin for its distinctiveness from other coins.
Design Competition and Symbolism
To design the reverse of the coin, a public competition was held. Bruce Rushin, an art teacher from Norfolk, won with his innovative design. His concept featured concentric circles representing technological progress from the Iron Age to the Internet era.
Selecting the Edge Inscription
Before finalizing the design, an appropriate edge inscription was needed. The chosen words, ‘If I have seen further it is by standing on the shoulders of giants’, are from a 1676 letter by Isaac Newton to Robert Hooke. This inscription highlights the theme of cumulative scientific progress.
Approval Process
The design, along with the inscription, received approval from the Chancellor of the Exchequer and subsequently from [Queen Elizabeth II](https://www.royal.uk/).
Initial Production Challenges
Originally set for release in November 1997, the coin’s launch faced delays due to concerns from the vending industry. The initial batch featured the Raphael Maklouf portrait of the Queen.
The Launch of the £2 Coin
After resolving these issues, the £2 coin, now with Ian Rank-Broadley’s portrait of the Queen, was officially launched on 15 June 1998. The £2 coin is legal tender for any amount.
Coin Checker. Coin Checker is a source of information for every UK £2, £1 and 50p coin currently in circulation. Look at all the coins to find your coin or use the filter to show just £2, £1 or 50p coins. You can also change the order of the coins shown on the page to see rarest or most valuable first.
Free online coin valuation service. Find the value of your coin instantly with our FREE coin valuation tool.Simply choose your coin, the date and the alloy and voila; our handy tool will tell you the rest! No Matches Found!
Full listing and details (inc. values) of the Strike Your Own coins. Planned future developments for the Check Your Change UK coin app: The development of a facility to import/export your coin data, making it easier to transfer from an old device to a new one. *Does not include UK territory coins, e.g. Isle of Man, Channel Islands, Gibraltar etc.
3 days ago · Explore the world of coin collecting with Coin Values Today from coinmarkets.co.uk. Dive into our comprehensive guide for up-to-date coin prices, expert tips, and insights into rare and historical coins. Whether you’re a seasoned coin collector or just starting out, find everything you need to know about coin values and trends.
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Authentication and valuation. If you are curious to know more about a coin, our authentication and valuation service can identify and value it for you. Simply complete the form and a member of our valuation team will be in contact by email to advise on the next steps and take payment. Enquire Now.
