What Are Gold £2 Coins?

The current Two Pound (£2) coin that is found in circulation is a bimetallic coin introduced on 15th June 1998 (although the first are dated 1997). There are almost 500 million £2 coins of various designs in current circulation.

There has been other two pound coins. From 1823 until 1996 they made occasional appearances and the double-sovereign has a two pound value. Commemorative two pound coins were issued from 1986 to 1996. This article is primarily concerned with the circulating coins of 1997 onwards.

specifications:

• Weight: 12 g
• Diameter: 28.4 mm
• Thickness: 2.5 mm
• Edge: Milled, with incuse lettering
• Design style: Circular, bi-metallic
• Composition Outer ring: Nickel-brass (76% Cu, 20% Zn and 4% Ni)
• Composition Centre: Cupro-nickel (75% Cu , 25% Ni)

The two pound coin has also been minted in gold.