Aug 08, 2018 Commonwealth Games Wales: In total, 2.5 million Commonwealth Games coins were issued, but the mintages for each of the four designs range from 485,500 to 771,500. Get the best deals on 2 Pound Coin In Gibraltar Coins when you shop the largest online selection at eBay.com. Free shipping on many items Browse your favorite brands affordable prices.
On 18 July, a new £2 coin depicting Jane Austen is being released to a handful of locations across the UK to commemorate 200 years since her death. But could it be the next coin to be worth a mint?
£2 Coins in Circulation. The familiar bi-metallic UK £2 coin was introduced in 1998 (the first was actually dated 1997). Seven single metal gold coloured thicker coins were issued before this date. The rarest and most valuable £2 coins One of the most valuable £2 coins – the 2012 Commonwealth Games England coin. The most valuable is the Northern Ireland 2002 Commonwealth Games coin, deemed the rarest of all the 37 £2 coins currently in circulation. It is the only coin to have a mintage of less than 500,000 and is currently selling on. You might think a £2 coin is worth just that: two pounds. But there are some rare variants on the coin, and limited edition version, that are worth a lot more to collectors, and could fetch you a.
The coin will be released in locations that hold strong connections with Austen's life – Winchester and Basingstoke – and there's currently no figure given by the Royal Mint on how many will enter circulation. This has excited quite a few coin collectors.
But there's no guarantee that the Jane Austen coin will be worth a small fortune like some of the others we've found in circulation. So with this in mind, you could still be in line for a cash windfall from some of the unique £2 designs that can be found in your change.
The rarest and most valuable £2 coins
The most valuable is the Northern Ireland 2002 Commonwealth Games coin, deemed the rarest of all the 37 £2 coins currently in circulation.
It is the only coin to have a mintage of less than 500,000 and is currently selling on eBay for around £40.
It belongs to a group of four coins that celebrate the Home Nations' – England, Scotland, Wales and Northern Ireland's – participation in the games.
These four all look identical, except for a minor change – the image of the respective flag of the nation included on the front of the coin which is shown next to a running athlete trailing a banner behind.
The gallery below shows some of the rarest £2 coins in circulation. They are:
- Top row(L-R): Manchester Commonwealth Games 2002, Olympic Handover 2008, Olympic Centenary 2008
- Middle row (L-R): King James Bible 2011, Mary Rose 2011, Olympic Handover 2012
- Bottom row (L-R): 2 x 150 years of the Underground 2013, First World War 2015
How can I find a rare £2 coin?
Between 485,000 and 770,000 of these coins were minted to commemorate the games in Manchester, although the number in circulation is likely to be lower. Royal Mint believes that around 75% of Olympic 50ps have disappeared from circulation due to collectors holding onto them.
Two Pound Coins 1986
If this figure is accurate, you could have a 1 in 4,000 chance of finding a 2012 Commonwealth Northern Ireland coin.
Other coins that are selling above face value celebrate a diverse range of sporting events, the British military and transport. These include the Olympics, Henry VII's warship the Mary Rose, the King James Bible and the London Tube.
The most valuable coin in circulation remains the Kew Gardens 50p, which has a mintage figure of just 210,000.
Our graph below shows all the 37 £2 coins that could be found in your spare change, and how many are in circulation.
What do I do if I have a valuable £2 coin?
If you think you're onto a ‘kerching' moment, the first step to take is to ask the Royal Mint if the coin is real or fake.
They'll usually provide a letter to confirm. If it's legitimate, you can sell it at auction, online or via a coin dealer.
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.
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.
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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
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.
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.
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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
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
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.
Two Pound Coins Rare
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.
Two Pound Coins Designs
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.
