£2 with the Queen wearing a necklace. Is this valuable? | Royal Mint (2024)

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The original November 1997 launch date for the new bi-colour £2 coin was postponed until the following year, but the Royal Mint had already produced £2 coins in readiness, struck with the portrait of Her Majesty The Queen by Raphael Maklouf.

This portrait had been used on all United Kingdom circulating coins between 1985 and 1997, and features the Queen wearing a necklace. By the time the £2 coin was launched into general circulation in June 1998, a new portrait of the Queen, designed by Ian Rank-Broadley which does not feature a necklace, had been approved for use on all United Kingdom circulating coins. These 1998 £2 coins were released at the same time as those minted in 1997.

This explains why some of the £2 coins in circulation feature the new portrait and others show the earlier portrait. Since millions of the 1997 £2 coins were issued, there is no reason to believe that these coins are particularly rare.

£2 with the Queen wearing a necklace. Is this valuable? | Royal Mint (1)

£2 with the Queen wearing a necklace. Is this valuable? | Royal Mint (2)

© The Royal Mint Limited. The Royal Mint Limited whose registered office is at Llantrisant, Pontyclun, CF72 8YT, United Kingdom (registered in England and Wales No. 06964873).

£2 with the Queen wearing a necklace. Is this valuable? | Royal Mint (2024)

FAQs

£2 with the Queen wearing a necklace. Is this valuable? | Royal Mint? ›

These 1998 £2 coins

2 coins
The British two pound coin (£2) is a denomination of sterling coinage. Its obverse has featured the profile of Queen Elizabeth II since the coin's release. Three different portraits of the Queen have been used, with the current design by Jody Clark being introduced in 2015. The reverse design features Britannia.
https://en.wikipedia.org › wiki › Two_pound_coin
were released at the same time as those minted in 1997. This explains why some of the £2 coins in circulation feature the new portrait and others show the earlier portrait. Since millions of the 1997 £2 coins were issued, there is no reason to believe that these coins are particularly rare.

Are 2 coins with necklaces worth more? ›

During 1999, we became aware of a persistent rumour that a two pound coin with the queen wearing a necklet was worth £15. There is no truth in this rumour.

What is the 50p with the queen wearing a necklace? ›

Item description from the seller

The 1997 50p coin has the effigy of The Queen wearing the Royal Diadem pearl necklace and earrings. The smaller 50p coin was introduced in 1997 and The Queen's 4th portrat was introduced from 1998.

What is the two pound coin with the queen wearing a necklace? ›

The very first bi-metallic £2 coins were issued in 1997, just prior to the Queen's portrait change in 1998. This meant that the older portrait by Raphael Maklouf was only used for one year: 1997. His version featured Queen Elizabeth II wearing a necklace, which is how the nickname was derived.

What is the rare error on the 1997 2 pound coin? ›

In this case, for some reason, a complete nickel-brass blank found its way to the coining press and was struck by the £2 dies in the usual way. This coin is an example of an extremely rare minting error and is especially pertinent due to these coins being meant to be the first bi-metallic United Kingdom decimal coins.

Are my 2 pound coins worth anything? ›

How much are rare £2 coins worth? During our research, the rarest coins in circulation we saw, sold for up to 79 pounds on eBay. Many will sell between 5-20 pounds. The value of coins can fluctuate through time, so make sure to check before you sell (or buy).

How do you tell if your coins are worth a lot? ›

A coin in flawless condition may be worth hundreds of times more than a low-grade version of the exact same coin. Individual coins that are above average in appearance for strike, luster, color, toning, and eye appeal are considered to be higher in quality and in greater demand than those that do not look as nice.

Are coins with the queen on it worth anything? ›

Queen Elizabeth II appeared on more UK coins than any other British monarch and approximately 27 billion coins bearing her likeness are still in active circulation - with some worth hundreds of pounds.

How much is a coin with Queen Elizabeth on it worth? ›

This coin, minted to mark the one-year anniversary of the Queen's death, is worth $23 million. It's called "The Crown."

What is the rarest queen coin? ›

The 2009 Kew Gardens 50p and a collection of alphabet 10p coins from 2018 and 2019 are some of the rarest circulating coins featuring the late Queen, the Royal Mint has revealed.

What is the $2 Honouring Queen Elizabeth II coin? ›

The $2 Honouring Queen Elizabeth II coin pays solemn tribute to Queen Elizabeth II (1926-2022), her extraordinary life and her decades-long reign. A solemn first. This is the Mint's first circulation coin featuring a black-nickel coloured design feature.

How much is a 1998 2 pound coin worth? ›

1998 Bimetallic £2 Silver Proof Coin | Chard - £26.44.

How much is a 1997 2 pound coin worth? ›

1997 Proof £2 Coin Gold Double Sovereign
QTYNet Per UnitGross Per Unit
1+£1,141£1,141

What is the rarest 2.00 coin? ›

Right at the top of the index are 3 of the 2002 Commonwealth Games £2 coins, with the Northern Ireland £2 in first place. With a mintage figure of just 458,000 making it the rarest £2 in circulation, it's not surprising that the Northern Ireland Commonwealth Games £2 always ends up at the top.

What is the error on the minting of the 2 pound coins? ›

The standard version is not unusual, but one without the words two pounds are rare. Experts at The Royal Mint Museum said the wrong design - on the heads side - was stamped onto the coin during production.

What is the error on the 1999 2 pound coin? ›

1999 £2 COIN Rugby World Cup. ON THE EDGE OF THE COIN THERE IS NO 1 SO IT READS AS 999.

What coins are worth keeping? ›

8 Rare Coins Worth Millions That Are Highly Coveted by Coin...
  • 1794 Flowing Hair Silver Dollar. ...
  • 1933 Saint-Gaudens Double Eagle. ...
  • 1913 5C Liberty Head Nickel. ...
  • 1804 Silver Dollar Original — Class I. ...
  • 1787 $15 Brasher, Breast Punch. ...
  • 723 Umayyad Gold Dinar. ...
  • 1894-S Barber Dime. ...
  • 1849 $20 Liberty Gold Coin.
Sep 2, 2024

Which coins are worth more than their face value? ›

20 Most Valuable Rare Coins to Know About
Year-DateCoin TypeValue
1955Lincoln DDO cent$1,000+
1969-SLincoln doubled die cent$25,000+
1972Lincoln doubled die cent$300+
1885Liberty nickel$350+
15 more rows
Aug 19, 2024

Are gold coins worth more than gold jewelry? ›

You're also paying for the jewelry's design, the work that went into crafting it, and often other expensive materials such as gemstones, diamonds, and other precious metals. Simply put, a gold jewelry investment means you're getting less gold than you would if you spent the same amount of money on bullion.

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