£2 Coins
The Top 5 Coins of the Decade
I still can’t quite believe 2020 is here and we’re into a new decade! But what better excuse could there be to take a look back at some of our favourite coin releases from the past 10 years?
Along with new coins, the numismatic world as a whole seems to have expanded as a new generation of collectors have discovered the joy of this fantastic hobby.
There’s no denying we’ve seen some incredible coins released since 2010, but the Change Checker team have picked out our personal favourite TOP FIVE.
So without any further ado, here are the coins we believe to be the greatest of the past 10 years. Drum roll please...
1. The London Olympic and Paralympic 50ps
Issued to mark the 2012 Olympic and Paralympic Games hosted by London, this coin series played a huge part in transforming the 50p into the UK’s most collectable coin.
29 different 50p coin designs were released to commemorate the different sports and across the nation millions rose to the challenge of collecting them all.
The Royal Mint now estimates that as many as 75% of the Olympic 50p coins have been removed from circulation by collectors, which is a testament to their popularity.
It was certainly the Olympic 50p series that reawakened the nation’s love of coin collecting in the last decade, so we just had to include them at the top of our list!
2. The Beatrix Potter 50ps
Next up is a series which inspired a whole new generation of collectors, and for that reason it would be a crime not to include the Beatrix Potter 50p series on our list.
Just like me, I’m sure you’ll have fond childhood memories of reading the enchanting tales of Peter Rabbit and his friends as a child and this beautiful 50p series really does do justice to those memorable tales.
4 years, and 14 coins later, the Beatrix Potter 50p coins remain one of the public’s favourite ever collection of coins.
Since The Royal Mint released the first Beatrix Potter 50ps in 2016, these charming coins have created a collecting frenzy, becoming increasingly sought-after to this day.
I’m sure I’m not alone when I say that this is one of the stand-out coin series of all time, let alone the decade!
3. Queen Elizabeth II’s 90th Birthday £5
As a nation, we’ve celebrated Her Majesty the Queen’s landmark birthdays, jubilees and wedding anniversaries during her long and eventful reign.
Traditionally, the Queen’s birthday milestones are celebrated with £5 coins, as seen issued in both 1996 and 2006 to mark her 70th and 80th birthdays.
And so, this decade, when Queen Elizabeth II became the first British monarch to celebrate their 90th Birthday, the release of this £5 coin in 2016 was particularly special and hugely significant for collectors around the world.
This was the only official UK £5 coin to mark this special occasion, designed by acclaimed artist Christopher Hobbs, who captured the Queen’s love of flowers, showing nine roses – one for each decade of the Queen’s life.
4. 2015 Britannia £2
Britannia has a long standing history with British coinage, having featured on a British coin in one way or another for more than 300 years.
In 2008 she was surprisingly dropped from the 50p, despite a Daily Mail campaign to save her. However in February 2015 it was announced that Antony Dufort’s modern interpretation of Britannia would be making a triumphant return to British circulating coins, replacing the definitive £2 “Technology” design which had featured on the coin since 1997.
This was a very popular move from The Royal Mint, but it wasn’t until the mintage figures were announced that the real surprise was unveiled…
Only 650,000 of the 2015 dated Britannia £2 coins had been stuck for circulation, making it one of the rarest UK £2 coins ever!
The rarity and numismatic significance of this coin as the UK’s new definitive £2 means it had to earn a spot on our Top Five list.
5. The A-Z of Great Britain 10ps
In 2018, The Royal Mint sparked huge excitement across the nation with the surprise release of 26 brand new 10p coin designs.
Each coin design was created to represent an image of what makes Britain British from A – Angel of the North, all the way to Z – Zebra Crossing, and collectors quickly fell in love with these unique coins.
Figures for 2018 confirm that 220,000 of each design entered circulation, meaning each design is almost as rare as the Kew Gardens 50p – the UK’s rarest coin in circulation!
A further 2.1 million A-Z 10ps were released in 2019 overall, meaning there really aren’t many to go around and many collectors are struggling to come across them in their change as they are being snapped up so quickly.
The A-Z 10ps really have been one of the biggest numismatic talking points of the decade and so they just had to be included on our list. Have you been lucky enough to find any?
Of course there have been so many other incredible releases in the past 10 years and narrowing it down to just five was a tough job, but we certainly feel that these coins have got to be highlights of the last decade.
Let us know which coins would make it into your Top Five in the comments below!
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app
A history of UK Remembrance Day coins
Every year since 1919, on the second Sunday of the 11th month, at the 11th hour, the nation falls silent for two minutes to pay their respects to the brave men and women who have lost their lives in conflict around the world, and for those who continue to safeguard our freedom.
In this blog, we take a look at the history of UK coins issued in tribute.
History of Remembrance Day
Remembrance Day first began as ‘Armistice Day’ in Great Britain on the 11th November 1919, in commemoration of the one-year anniversary of the peace agreement that ended the First World War.
After the conclusion of WWII in 1945, the British government wanted to honour those who fought in the World Wars and decided to replace Armistice Day with a new Sunday observance, which thereafter was known as Remembrance Sunday.
UK Remembrance Coins
2017
In 2017, The Royal Mint released the first official UK Remembrance Day £5 coin, designed by Stephen Taylor to honour the fallen and ensure their stories live on through the generations.
Traditionally, Remembrance Day £5 coins were produced by The Royal Mint on behalf of Alderney and would therefore have been Alderney tender, however 2017 marked the first time this important anniversary was commemorated on a UK coin.
2018
In 2018 The Royal Mint released their second Brilliant Uncirculated Remembrance £5 coin to honour the sacrifices of all those who have risked, and continue to risk, their lives to protect our freedom.
This £5 coin features a design by Laura Clancy, including vibrant red selected colour printing, symbolic of the resilient and determined poppies that grew amidst the destruction in the valley of the Somme.
2019
Another UK £5 was released in 2019, featuring a design by artist Harry Brockway, incorporating the famous lines from ‘For the Fallen’ by Laurence Binyon.
The intricate design has selected colour-printing highlighting a red poppy – the recognised symbol of Remembrance to honour those who have fought.
The use of selected colour printing is normally reserved for Proof quality coins, which makes the Remembrance Day £5 coins particularly special.
2020
The 2020 UK Remembrance £5 coin was issued to commemorate the 100th anniversary of the ceremonial burial of the Unknown Warrior – the unidentifiable British soldier who was brought home from France in 1920 for ceremonial burial in honour of all those lost in the First World War.
Natasha Preece’s design of this coin pays dedication to the Unknown Warrior, with a silhouette of a sombre soldier with head hung low in reflection, set on a sea of poppies.
This very poignant £5 coin also features selected colour printing, highlighting the details of the poppies and accentuating the silhouette of the warrior.
2021
The most recent Remembrance Day £5 coin was issued in 2021 and features ae design by Gary Breeze, which includes an inscription of the 4th stanza of Laurence Binyon’s famous poem, ‘For the Fallen’.
It is one of the most widely quoted poems from the First World War and has since been claimed as a tribute to all casualties of war. Breeze’s poignant design features a special incised design with marks to replicate the effect of a war memorial.
UK coins commemorating wartime
The Remembrance £5 coins are a poignant tribute to those who fought and lost their lives in the World Wars, and The Royal Mint have also issued a number of other wartime themed UK coins.
From 2014-2018, The Royal Mint issued a series of commemorative £2 coins to commemorate the wartime journey of the First World War from outbreak to armistice.
2014
The first coin in the series was the 2014 Kitchener £2 which featured John Bergdahl’s depiction of Lord Kitchener’s famous call to arms, alongside the words ‘YOUR COUNTRY NEEDS YOU’.
Kitchener was a British military leader and Secretary of State for War in the first years of the First World War. Unlike many others in the Government and the military, Kitchener foresaw a war lasting for years and he planned accordingly. He rapidly enlisted and trained huge numbers of volunteers for a succession of entirely new ‘Kitchener armies’. It was this enlistment campaign that coined the now famous phrase that appears on the reverse of this £2 coin.
5,720,000 of these coins entered circulation in 2014.
2015
The second £2 coin in the Royal Mint’s five year programme to commemorate the centenary of the First World War pays tribute to the Royal Navy.
Renowned military artist David Rowlands designed the reverse of this coin, and it features a battleship approaching on the open sea, paying homage to the British fleet that defended coastal waters against the Germans. At the time, The Royal Navy was by far the most powerful navy in the world. The British economic blockade of Germany, afforded by the Royal Navy’s command of the sea, inflicted great damage on the war effort of Germany.
650,000 of these coins entered circulation in 2015, making it the third rarest £2 coin currently in circulation.
2016
In 2016, the third issue of the First World War Centenary series commemorated the role of the Army.
Tim Sharp’s design marks a poignant moment in military history, honouring the ‘Pals Battalions’. As part of Lord Kitchener’s New Armies, it was realized that many more men would enlist if they could serve alongside their friends, relatives and workmates. This encouraged the coining of the term ‘Pals battalions.’ On 21 August 1914, the first Pals battalion was raised and in a matter of days, 1,600 men had joined what became the 10th Battalion, Royal Fusiliers.
9,550,000 of these coins entered circulation in 2016.
2017
The fourth £2 coin in The Royal Mint Centenary of the First World War series paid tribute to the aviators of the First World War.
As technology developed, air combat became an innovative form of warfare. Fighter pilots were portrayed as noble gentleman duelists in the skies above the horror of the trenches. The edge lettering of this coin pays tribute to the first aviators to sacrifice their lives in ‘The War in the Air’ and the reverse design by Dan Flashman shows an aircraft from birds-eye view with land in the background.
This coin has not entered circulation.
2018
In 2018, The Royal Mint issued their final commemorative £2 coin in their Centenary of the First World War series. This coin commemorated the 100th anniversary of Armistice.
Armistice marked the signing of agreements to end of the First World War and the victory of the allies on the 11th hour, of the 11th day, of the 11th month in 1918. The reverse of the coin was designed by Stephen Raw and features the words ‘The truth untold, the pity of war’ from the Wilfred Owen poem ‘Strange Meeting’.
This coin has not entered circulation.
Today, these coins act as a reminder of those who have made the ultimate sacrifice and fought for our freedom and encourage the younger generations to learn about our country’s history.
Have I found a rare coin? £2 ‘errors’ explained!
So you’ve noticed something’s not quite right with the £2 coin you’ve just found in your change. A quick google search of the strange variation you’ve noticed brings up a plethora of eBay listings and news articles claiming that you’ve just hit the jackpot and your ‘error’ coin is worth a small fortune!
Sadly, in this instance Google is not your friend and whilst genuine errors are out there, so too are a number of common mis-strikes and myths, or even fakes that have been manipulated to look like an error.
So what is the difference between a mis-strike and an error I hear you ask.
Put simply, a true error is caused by human mistake, such as the wrong die or metal being used to strike a coin, whereas a mis-strike is created by the mass production process, as hundreds of thousands of coins are struck, meaning variations are bound to occur, especially when dies and machinery become worn.
But which mis-strikes on the bi-metallic £2 coin should you be aware of?
I recently read Scott Wren’s article, ‘Bi-metallic “errors”… Why two is better than one’ published in Coin News which highlights some of the mis-strikes found on £2 coins and how their bi-metallic quality causes the differences to be something entirely more spectacular than those found on monometallic (single metal) coins.
Striking bi-metallic coins
In order to understand why mis-strikes on bi-metallic coins are often more pronounced than monometallic coins, it’s first a good idea to look into how these coins are produced.
When striking £2 coins, the first step is to punch a hole through a blank planchet to create the outer section. The inner core is taken from a different metal, sized to fit inside the outer ring.
A groove is milled around the edge of the inner core so that when both parts are struck together, the metals will fuse as the outer ring deforms and spread into the groove, locking it into place.
Now that we know how £2 coins are struck, here are some of the mis-strikes and errors that can occur in the process…
The following images of variations found on £2 coins have been taken from Coin News for use in this blog.
Clipped Planchet
Figure 1 shows how the inner core was punched out from the end of the sheet of metal used for blanks, forming a straight or ragged edge clip.
Whilst this also occurs with monometallic coins, the pairing with an outer ring exposes a large gap which is much more noticeable.
The Royal Mint strike millions of coins each year so it is inevitable that variances will occur during the striking process and can’t always be picked up during quality control, despite the fact that this particular coin would weigh less than the standard 12g £2 coin. However, a small quantity of coins do sometimes manage to slip through the net and as i’m sure you’ll agree, they make for interesting collecting.
But before you pay over the odds for one of these coins, beware of fakers! Some coins are manipulated to look like mis-strikes or error coins and sold to unsuspecting buyers. Check the clipped planchet edge of the coin to see if it’s genuine by making sure the detail of the design fades away towards the edge rather than suddenly stopping, which would indicate the coin had been cut.
Off Centre Inner Core
Figure 2 shows an inner core which hasn’t been united properly prior to being struck.
Due to the way the inner and outer core are struck together with the two metals being lined up and then fused together during striking, a misalignment will mean that the inner core spills into the outer ring, as seen in the image above. There might also be a gap between the two metals on the opposing join.
This mis-strike is thought to be fairly common on the bi-metallic 12 sided £1 coin as well as some of the Technology £2 coins and even foreign bimetallic coins, but have you ever spotted one in your change?
Faulty Outer Ring
Figure 3 shows a faulty planchet or outer ring, where the inner core is exposed.
In the image above, you can actually see the specific engineering design features where the inner core is grooved to help the metal flow bond to the outer ring and fuse during striking.
Similar to the first mis-strike we looked at, this could be caused by a clipped planchet, this time created when the outer ring was punched, however coins like this may also be caused by tampering post striking, for example by fakers trying to replace the inner core of a £2 with another coin to pass off as a rare error.
The Holy Grail of Bi-metallic ‘Errors’
Figure 4 is described as the Holy Grail of bimetallic ‘errors’ and is the result of the nickel-brass £2 blank not having the inner core section punched out before being struck.
This means that the £2 coin is made from one full piece of nickel-brass, completely contrasting the very idea of a bimetallic coin.
A 2007 monometallic £2 was verified by The Royal Mint and in the email confirming the mis-strike it was mentioned that they had only seen 4-5 similar coins before.
This rare striking error is highly sought after and coins have achieved extraordinary prices in private sales and auctions.
Foreign Planchet
Finally, figure 5 shows a £2 design struck on the wrong planchet – a blank normally used to strike a different coin.
As The Royal Mint strikes a huge quantity of coins for different denominations and even different countries, blanks can sometimes end up in the wrong striking chamber, creating a wrong or foreign planchet error.
This is actually down to human error rather than a mis-strike and the coins would normally be picked out during quality control, however some have been spotted in circulation, not only on the £2 coin, but on various different denominations across UK coins and world wide.
One of the most famous examples in the UK is the silver 2p – a 2p coin struck on to a 10p blank which sold for 67,580 times its face value at auction.
Other £2 ‘errors’ that are worth keeping your eyes peeled for!
2014 First World War (Lord Kitchener) £2 – Two Pounds ‘Error’
This £2 coin was issued in 2014 to mark 100 years since the outbreak of the First World War. It features an image of Lord Kitchener who was a prominent figure on British government propaganda campaigns during the time.
5,720,000 of these coins entered circulation, meaning it could be quite easy to stumble across one in your change. However, a small number of these coins are supposed to have entered circulation without the ‘Two Pounds’ denomination on the obverse.
Sometimes the denomination of the coin will feature on the reverse design, meaning it won’t appear on the obverse too. This can be seen on the Trinity House £2 coin which was issued earlier in the same year as the First World War £2.
It’s possible that the dies used to strike the obverse of the Trinity House £2 coin wasn’t replaced when the production of the First World War Centenary £2 coins began, resulting in the absence of a denomination.
We’ve only heard of two reports of these ‘error’ coins being found in circulation. However, Lockdales Auctioneers officiated the sale of the very first one back in March 2020 to the value of £500! A hefty return on a £2 coin…
Have you ever seen this £2 ‘error’? We’d love to know in the comments below.
So how much is my ‘error’ coin worth?
These mis-strikes and errors certainly make for interesting collecting and the rarer variations, such as monometallic £2 coins could certainly sell for over face value.
In fact, one such monometallic mis-strike found on a 2007 Technology £2 is estimated to be worth over £1,000!
Ultimately, as with all coins, it’s all down to how much an individual collector is willing to pay to add that coin to their collection.
If you’ve found a £2 coin with a mis-strike, it’s certainly worth having it verified and authenticated by The Royal Mint, who will supply a letter detailing their findings.
So have you found any interesting variations on your bimetallic £2 coins? Let us know in the comments below!
With thanks to Scott Wren from Coin News.
If you’re interested in coin collecting, our Change Checker web app is completely free to use and allows users to:
– Find and identify the coins in their pocket
– Collect and track the coins they have
– Swap their spare coins with other Change Checkers
Sign up today at: www.changechecker.org/app