


© Heritage Auctions
2 Pounds - Elizabeth II Bank of England; Gold mule
1994 yearGold (.9167) | 15.98 g | 28.4 mm |
Issuer | United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies) |
---|---|
Queen | Elizabeth II (1952-2022) |
Type | Non-circulating coin |
Year | 1994 |
Value | 2 Pounds 2 GBP = USD 2.62 |
Currency | Pound sterling (decimalized, 1971-date) |
Composition | Gold (.9167) |
Weight | 15.98 g |
Diameter | 28.4 mm |
Shape | Round |
Technique | Milled |
Orientation | Medal alignment ↑↑ |
Updated | 2024-10-09 |
Numista | N#101487 |
---|---|
Rarity index | 95% |
Reverse
Original corporate seal of the Bank of England with Crown & Cyphers of William III and Mary II dividing dates.
Lettering:
WM
1694 1994
Bank of England
Engraver: Leslie Durbin
Edge
Milled
Comment
The obverse of the 1994 Bank of England issue should have included the denomination "TWO POUNDS" as this was not included in the commemorative reverse. An unknown number of coins were struck and issued in gold using the obverse die that was intended for the Double Sovereign. The Royal Mint wrote to its retail customers inviting them to return the error coins for replacement with the correct design. No details are known as to how many were returned, nor how many exist in the market.Interesting fact
One interesting fact about this coin is that it features a unique "mule" design, which means that it has the reverse side of a different coin, the 1994 £2 coin, on the obverse side. This was done to commemorate the 50th anniversary of the Bank of England's gold sovereign coin.