British two pound coin
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- This article describes the commemorative British two pound coins issued between 1986 and 1996, and the regular bimetallic circulation coins first issued in 1998 (dated 1997). For earlier two pound coins issued in the nineteenth and twentieth centuries, see Two pounds (British pre-decimal coin).
Two Pound (United Kingdom) | |
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Value: | 2.0 Pound sterling |
Mass: | 12 g |
Diameter: | 28.4 mm |
Thickness: | 2.5 mm |
Edge: | Milled with incuse lettering |
Composition: | Outer ring76% Cu, 20% Zn, and 4% Ni, Centre 25% Ni, 75% Cu |
Years of Minting: | 1997–Present |
Catalog Number: | - |
Obverse | |
Design: | Queen Elizabeth II |
Designer: | Ian Rank-Broadley |
Design Date: | 1994 |
Reverse | |
Design: | |
Designer: | Bruce Rushin |
Design Date: | 1997 |
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[edit] The commemorative coin (1986–1996)
The British commemorative two pound (£2) coin was minted from the same composition as the £1 coin, i.e. a nickel-brass alloy of approximately 70% copper, 24.5% nickel, and 5.5% zinc. The coin weighs 15.98 grams and has a diameter of 28.40 millimetres.
The only obverse used on the commemorative £2 coin is the head of Queen Elizabeth II by Raphael Maklouf, with the inscription ELIZABETH II DEI GRATIA REGINA F D TWO POUNDS.
These coins tended not to circulate at the time of their issue, but they do seem to appear in circulation more often now that there is also a regular coin of this denomination.
There were seven issues of this coin, with the following reverses and inscriptions:
1986: 13th Commonwealth Games, held in Scotland.
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1989: Tercentenary of the English Bill of Rights.
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1989: Tercentenary of the Scottish Claim of Right.
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1994: Tercentenary of the Bank of England.
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1995: 50th anniversary of the end of the Second World War.
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1995: 50th anniversary of the United Nations.
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1996: Euro 96 European Football Championships.
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[edit] The modern circulating coin (1997–)
In 1997 a new design was produced, intended for everyday circulation. It 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 current circulation. The coin consists of an outer gold-coloured nickel-brass ring made from 76% copper, 20% zinc, and 4% nickel, and an inner silver-coloured cupro-nickel disc made from 75% copper, 25% nickel. The coin weighs 12.00 grams and is 28.40 millimetres in diameter. The coin was introduced to test the public's opinion on the use of bi-metallic coins as a precursor to the possible introduction of the euro, as the one and two euro coins were planned to be bi-metallic. At the same time many other European countries also trialled a bi-metallic coin in the same way.
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). 1998 and later dated coins 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, through the Industrial Revolution and the Electronic Age to the Internet, with the inscription TWO POUNDS above the design and the date below. It is worth noting that the design depicts nineteen interlocking cogs; due to this odd number, the mechanism could not actually turn outside a Möbius strip. The coin has the edge inscription STANDING ON THE SHOULDERS OF GIANTS taken from a letter by Sir Isaac Newton to Robert Hooke, 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."
The comparative rarity of the Maklouf-effigy coins ("the ones with the necklace") has led to an urban myth that they are much more valuable than the other coins, but this is not true – there are over 13 million 1997-dated £2 coins in circulation. Another urban myth about the coin is that if you place it in the freezer overnight, the cupro-nickel centre will pop out.
The coins are sometimes jokingly referred to as "beer tokens", since at the time of their introduction a pint of beer cost around two pounds in many British pubs.[citation needed]
[edit] Special issues
This denomination is now commonly used for commemorative purposes. However, unlike the earlier commemorative coins described above, these special issues are intended for everyday circulation and are regularly encountered as such. The following varieties have been issued (illustrations show the reverse designs; obverses are the same as the regular coin).
1999: Rugby World Cup.
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2001: Transatlantic radio centenary.
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2002: Commonwealth Games, Manchester (English issue).
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2002: Commonwealth Games, Manchester (Welsh issue).
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2002: Commonwealth Games, Manchester (Northern Irish issue).
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2002: Commonwealth Games, Manchester (Scottish issue).
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2003: 50th anniversary of the discovery of the structure of DNA.
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2004: Bicentenary of the first railway locomotive.
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2005: 400th anniversary of the Gunpowder Plot
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2005: 60th anniversary of the end of the Second World War.
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2006: Bicentenary of the birth of Isambard Kingdom Brunel.
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2006: Bicentenary of the birth of Isambard Kingdom Brunel.
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2007: Bicentenary of the abolition of the slave trade in the British Empire.
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2007: Tricentenary of the Acts of Union 1707.
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[edit] See also
[edit] External links
British coinage | |
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Current | One penny · Two pence · Five pence · Ten pence · Twenty pence · Fifty pence · One pound · Two pounds |
Commemorative | Twenty-five pence · Five pounds |
Withdrawn (decimal) | Half penny |
Withdrawn (pre-decimal) | Farthing · Halfpenny · Penny · Threepence · Sixpence · One shilling · Two shillings · Half crown · Crown · Half sovereign · Sovereign · Guinea |