How Much is My Β£2 Coin Worth?

Coin Patrol
23 May 202229:33
EducationalLearning
32 Likes 10 Comments

TLDRIn this video, the host explores the variety of two-pound coins circulating in the UK, highlighting their commemorative and definitive versions. The discussion includes the history, design, mintage figures, and potential value of each coin, with a focus on rarer editions and those with potential for increased worth due to errors or special features. The video serves as an informative guide for collectors and those interested in the cultural and monetary significance of these coins.

Takeaways
  • πŸ… The video discusses the value and features of various Β£2 coins, including commemorative and definitive versions.
  • πŸ›οΈ The London Olympics Centenary coin, minted in 2008, is one of the scarcer Β£2 coins with a mintage of 910,000.
  • 🎭 The Shakespeare's Histories Β£2 coin commemorates 400 years since the death of William Shakespeare and has a mintage of over 5.5 million.
  • πŸ‡¦πŸ‡Ί The Commonwealth Games coins celebrate the 17th edition held in Manchester, with different designs for England, Scotland, Wales, and Northern Ireland.
  • πŸ“œ The Act of Union coin marks 300 years since the political union of England and Scotland, with over 7 million minted.
  • πŸš‚ The Richard Trevithick's Steam Engine coin celebrates the tri-centenary of the invention of the steam engine in 1804.
  • πŸ“– The King James Bible Β£2 coin commemorates the 400th anniversary of the Bible's translation in 1611 and is sought after by collectors.
  • 🌊 The Slave Trade Act coin remembers the 200-year anniversary of the Act for the Abolition of the Slave Trade in 1807.
  • πŸš€ The DNA coin was minted in 2003 to commemorate 50 years since the discovery of DNA's structure.
  • 🏴󠁧󠁒󠁷󠁳󠁿 The Northern Ireland Commonwealth Games coin is the rarest of the four, with only 485,000 minted.
  • πŸ… Some Β£2 coins may have errors or special features that increase their value, such as the rotation error on the Act of Union coin.
Q & A
  • What is the significance of the London Olympics Centenary two pound coin?

    -The London Olympics Centenary two pound coin was minted in 2008 to commemorate the first London Olympics held in 1908. It was designed by Thomas Dougherty and has a mintage figure of 910,000, making it one of the scarcer two pound coins.

  • Which two pound coin was minted to honor the 400th anniversary of William Shakespeare's death?

    -The Shakespeare's Histories two pound coin was minted to commemorate 400 years since the death of William Shakespeare. The edge inscription reads 'The hollow crown,' and it was designed by artist John Bergdahl.

  • What is the value of a rotation error on the Act of Union two pound coin?

    -The value of a rotation error on the Act of Union two pound coin is not yet determined, as it depends on how rare the error is. The error is named the David Chamberlain rotation error, where the queen is not facing upright when the coin is spun around.

  • What does the NIFC version of the Slave Trade Act two pound coin indicate?

    -The NIFC version of the Slave Trade Act two pound coin indicates that it is not intended for circulation. These coins are struck for collectors, usually in packs or sets, and are known for their shiny surface and silver color. If found in change, they can sell for about 25 pounds on eBay, depending on condition.

  • Which two pound coin was minted to celebrate the 60th anniversary of the end of the Second World War and features St. Paul's Cathedral?

    -The 60th anniversary of the end of the Second World War two pound coin features St. Paul's Cathedral with searchlights and was designed by Rob Elderton. It is the most common of the commemorative coins, with over 10 million minted.

  • What is the significance of the Commonwealth Games two pound coin minted for Manchester 2002?

    -The Commonwealth Games two pound coin minted for Manchester 2002 commemorates the 17th Commonwealth Games held in Manchester. Designed by Matthew Bonacorsi, only 650,500 of these coins were minted, making them worth looking out for and selling for around nine to ten pounds in good condition.

  • Which two pound coin was minted to celebrate the 800th anniversary of the Magna Carta?

    -The 800th anniversary of the Magna Carta two pound coin features King John with a quill in his hand, signifying the agreement to the bill of rights that established that the government was not above the law. The coin was designed by John Booker and has an edge inscription reading 'Foundation of Liberty'.

  • What is the value of a King James Bible two pound coin in good condition?

    -The King James Bible two pound coin, which marks the 400th anniversary of the Bible's translation in 1611, is quite sought after. In good condition, one can expect to pay around five to six pounds for this coin, which was designed by Paul Stafford and Benjamin Wright.

  • What is the rarest two pound coin mentioned in the script and what is its value?

    -The rarest two pound coin mentioned in the script is the Northern Ireland Commonwealth Games coin. Even in its current condition, it is probably worth about 35 pounds, and its value increases with better condition.

  • What is the edge inscription on the London to Rio Olympic Handover two pound coin?

    -The edge inscription on the London to Rio Olympic Handover two pound coin reads 'I call upon the youth of the world,' commemorating the handover of the Olympic responsibility from London in 2012 to Rio de Janeiro in 2016.

Outlines
00:00
πŸͺ™ Two Pound Coin Commemoratives and Definitives

This paragraph introduces the topic of two pound coins, focusing on commemorative and definitive coins found in change. It mentions the potential value of these coins beyond their face value, the variety of commemorative coins, and the existence of definitive coins like the history of technological achievement and Britannia series. The speaker shares personal experiences of collecting these coins from circulation and purchasing a few to complete the collection. A rough average price for each coin is provided, along with a brief description and mintage figures.

05:02
πŸ… London Olympics and Shakespeare's Histories

The speaker discusses specific two pound coins, starting with the London Olympics Centenary coin from 2008, designed by Thomas Dougherty with a mintage of 910,000, making it one of the scarcer coins. The edge inscription and its approximate value are detailed. Next, the Shakespeare's Histories coin is highlighted, designed by John Bergdahl, with over five and a half million minted, making it common and not worth more than face value. The speaker also mentions the Act of Union coin, the Slave Trade Act coin, and the NIFC (Not Intended for Circulation) version of the Slave Trade coin, which could be worth more if found in brilliant uncirculated condition.

10:02
πŸ›οΈ Commemorative Coins: Commonwealth Games and Magna Carta

This section covers various commemorative two pound coins, including the Commonwealth Games coin for England, Scotland, Wales, and Northern Ireland, each with unique designs and mintage figures. The speaker emphasizes the value of the England coin due to its lower mintage. Other coins discussed are those commemorating the 800th anniversary of Magna Carta, Richard Trevithick's steam engine, and the King James Bible. The paragraph concludes with the Brunel coin, noting its high mintage and common value.

15:03
πŸŽ‡ Coins Honoring Historical Figures and Events

The speaker presents a range of two pound coins honoring historical figures and events, such as Charles Darwin, the First World War Army, and the Gunpowder Plot. Notable errors on certain coins, like the rotation error on the Army coin and the edge inscription error on the Gunpowder Plot coin, are mentioned, along with their potential value. The paragraph also includes coins commemorating the London Underground's 150th anniversary and Shakespeare's Comedies, with a focus on the design and mintage of each coin.

20:05
🌐 Commemorative Coins: Olympic Handovers and Rugby World Cup

This paragraph discusses the Beijing Olympic handover coin, the Rugby World Cup coin, and several other commemorative two pound coins. The speaker provides details on the design, mintage, and potential value of these coins, including the second Brunel coin with an error on its edge inscription. The rarity and sought-after status of the Northern Ireland Commonwealth coin are also highlighted, along with the Marconi radio transmissions coin and the DNA discovery coin.

25:05
🏴󠁧󠁒󠁷󠁳󠁣󠁴󠁿 Commonwealth Games and Historical Commemoratives

The final paragraph covers the Northern Ireland Commonwealth coin, recognized as the rarest two pound coin in circulation, and the London to Rio Olympic handover coin, which is highly sought after due to its low mintage. The speaker also mentions the Fire of London coin, Robert Burns coin, and the Commonwealth Games coin for Scotland, providing insights into their design, mintage figures, and potential value. The summary ends with a call to action for viewers to subscribe for more information on similar coins.

Mindmap
Keywords
πŸ’‘Two Pound Coins
Two Pound Coins are the currency discussed in the video, specifically the commemorative and definitive versions that can be found in circulation. They are legal tender in the UK and are often collected for their design and historical significance. The video provides an overview of various designs and their potential value beyond face value.
πŸ’‘Commemorative Coins
Commemorative coins are special edition currency minted to celebrate significant events, people, or milestones. They are often sought after by collectors for their unique designs and limited mintage, which can increase their value. The video highlights various commemorative two pound coins and their potential worth to collectors.
πŸ’‘Definitives
Definitive coins are those that are part of a country's regular, ongoing series of currency. They feature designs that are intended to be used for many years. In contrast to commemorative coins, definitives are typically minted in larger quantities and are not tied to a specific event or occasion.
πŸ’‘Mintage
Mintage refers to the number of coins that are produced by a mint over a particular period. It is a key factor in determining the rarity and potential value of a coin. Lower mintage numbers often indicate a more valuable coin, as fewer examples are available to collectors.
πŸ’‘Edge Inscription
Edge inscription is the text or design that is incuse (indented) or raised on the edge of a coin. This feature can provide additional information about the coin, such as its commemorative purpose or a quote relevant to the design. Collectors often look for unique or error edge inscriptions, which can increase a coin's value.
πŸ’‘Collectors
Collectors are individuals who acquire items, such as coins, for their personal enjoyment, interest, or as an investment. In the context of the video, collectors are interested in the design, mintage, and condition of two pound coins, which can affect their desirability and value.
πŸ’‘Condition
The condition of a coin refers to its state of preservation. A coin's condition can significantly impact its value, with uncirculated or mint condition coins often being more valuable than those that have been circulated and show signs of wear.
πŸ’‘Errors
In numismatics, an error refers to a coin that was produced with a mistake during the minting process. These errors can range from minor to significant and are often highly sought after by collectors due to their rarity and unique nature.
πŸ’‘Not Intended for Circulation (NIFC)
NIFC is a term used in numismatics to describe coins that were minted for collectors and were not intended to enter regular circulation. These coins are often struck with a special finish and come in protective packaging, and they can sometimes be more valuable due to their limited availability and pristine condition.
πŸ’‘Rough Average Price
The rough average price refers to an estimated value of a coin based on market trends and the prices that similar coins have sold for. It is a general guide for collectors and those interested in purchasing coins to understand the potential worth of a particular coin.
Highlights

The video discusses the value and features of various two-pound coins, including commemorative and definitive versions.

The London Olympics Centenary coin, minted in 2008, is one of the scarcer coins with a mintage of 910,000.

Shakespeare's Histories coin was minted to commemorate 400 years since the death of William Shakespeare, with over 5.5 million minted.

The Act of Union coin commemorates 300 years since the political union of England and Scotland, with over 7 million minted.

The Slave Trade coin, minted in 2007, commemorates 200 years of the Act of Parliament for the abolition of the slave trade.

The 60th anniversary of the end of the Second World War coin features St. Paul's Cathedral and was designed by Rob Elderton.

The Commonwealth Games coin for England is quite rare, with only 650,500 minted, and features the England flag.

The Florence Nightingale coin was minted to commemorate 100 years since her death, and was designed by Gordon Summers.

The 800th anniversary of Magna Carta coin features King John and was minted just under 1.5 million.

The Richard Trevithick's Steam Engine coin marks the tri-centenary of the invention and was designed by Robert Lowe.

The King James Bible coin celebrates the 400th anniversary of the translation commissioned by King James I, with under a million minted.

The First World War Army coin, minted in 2016, commemorates the army's involvement in WWI and has a mintage of 9.5 million.

The Gunpowder Plot coin commemorates 400 years since the failed assassination attempt on James I, with over 5 million minted.

The Golden Guinea coin marks the anniversary of the original gold coin first minted in 1663, with just under 3 million minted.

The First World War Outbreak coin, minted to mark 100 years since the start of WWI, features Lord Kitchener and has a mintage of 5.7 million.

The London Underground Train coin celebrates the 150th anniversary of the London Underground, designed by Edward Barber and Jay Osgooby, with just over 1.6 million minted.

The Shakespeare's Comedies coin represents the comedies of William Shakespeare, designed by John Bergdahl, with a mintage of 4.3 million.

Transcripts
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