2 Pounds - Elizabeth II (4th portrait; 1 oz Fine Silver (.958)) 1998-2012 front 2 Pounds - Elizabeth II (4th portrait; 1 oz Fine Silver (.958)) 1998-2012 back
2 Pounds - Elizabeth II (4th portrait; 1 oz Fine Silver (.958)) 1998-2012 photo
© The Royal Mint, 1998

2 Pounds - Elizabeth II 4th portrait; 1 oz Fine Silver .

 
Silver (.958) 32.45 g 40 mm
Description
Issuer
United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen
Elizabeth II (1952-2022)
Type
Non-circulating coin
Years
1998-2012
Value
2 Pounds 2 GBP = USD 2.62
Currency
Pound sterling (decimalized, 1971-date)
Composition
Silver (.958)
Weight
32.45 g
Diameter
40 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Updated
2024-10-09
References
Numista
N#13410
Rarity index
21%

Reverse

Standing figure of Britannia holding trident in right hand and shield bearing the Union flag in right, legend around, engraver's name in exergue.

Script: Latin

Lettering:
'BRITANNIA'1998' 'ONE' 'OUNCE'FINE'SILVER'
NATHAN

Engraver: Philip Nathan

Edge

Reeded

Comment

Since its inception in 1997, the £2 Silver Britannia was struck in one Troy ounce of silver with a fineness of .958 and a diameter of 40mm. This changed in 2013, when the fineness was changed to .999 and the diameter reduced to 38.61 mm, while in 2015 a new quality of bullion was released in the form of Brilliant Uncirculated.

1998 Proof issue limit: 30,000 (10,000 in 4-coin Silver Proof sets, 20,000 as individual pieces);
1998 Proof sales data: 5,212 (3,044 in 4-coin Silver Proof sets, 2,168 as individual pieces).

© The Royal Mint, 1998

The 2002 strike was issued in a 4-coin design set including other 1oz Britannia coins from 1999, 2001 and 2003. As well as available individually.


2004 and 2006 strikes were only issued individually.


2012 Proof issue limit: 5,550 (2,600 in 4-coin Silver Proof sets)
2012 Proof sales data: 5,532 (2,595 in 4-coin Silver Proof sets, 2,937 as individual pieces).

© The Royal Mint, 2012

Varieties exist:
KM#1029a, Sp#BF2A (2006) proof with selected gold plating of obverse and reverse.

Interesting fact

One interesting fact about this coin is that it features a unique portrait of Queen Elizabeth II, designed by Ian Rank-Broadley, which was used on British coins from 1998 to 2012. This portrait is known as the "4th portrait" and it is considered one of the most iconic and recognizable images of the Queen.

Price

Date Mintage VG F VF XF AU UNC
1998  5212 - - - - - -
2000  81301 - - - - - -
2002  36543 - - - - - -
2004  2174 - - - - - -
2006  2529 - - - - - -
2012  5532 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 2 Pounds - Elizabeth II (4th portrait; 1 oz Fine Silver (.958)) 1998-2012 coin.