2 Pence - Elizabeth II 4th portrait; magnetic

Features

Issuer	United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen	Elizabeth II (1952-2022)
Type	Standard circulation coin
Years	1998-2008
Value	2 Pence 0.02 GBP = USD 0.025
Currency	Pound sterling (decimalized, 1971-date)
Composition	Copper plated steel
Weight	7.12 g
Diameter	25.9 mm
Thickness	2.05 mm
Shape	Round
Technique	Milled
Orientation	Medal alignment ↑↑
Number	N# 7398
References	KM# 987, Tracy L. Schmidt (editor); 2019. Standard Catalog of World Coins / 2001-Date (14^th edition). Krause Publications, Stevens Point, Wisconsin, United States. And 5 more volumes. Sp# C5 Emma Howard (editor); 2021. Standard Catalogue of British Coins : Coins of England & the United Kingdom Pre-Decimal Issues (56^th edition). Spink & Son, London, United Kingdom. And 2 more volumes.

Obverse

Fourth crowned portrait of HM Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.

Script: Latin

Lettering:
ELIZABETH·II·D·G REG·F·D·2006
IRB

Unabridged legend: Elizabeth II Dei Gratia Regina Fidei Defensatrix

Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith

Engraver: Ian Rank-Broadley

Reverse

The badge of the Prince of Wales, a plume of three ostrich feathers enfiling a coronet of cross pattée and fleur de lys, dividing motto with legend above and denomination below.

Script: Latin

Lettering:
TWO PENCE
ICH DIEN
2

Translation: I serve

Engraver: Christopher Ironside

Edge

Plain

Mint

Royal Mint, Llantrisant, United Kingdom (1968-date)

Comments

In 1992 the composition for the two pence circulation strikes was changed from bronze to copper plated steel to reduce production costs.
In 1998 the circulation issues were struck in both bronze and copper plated steel in approximately equal quantities.
In 1999 the BU and Proof set issues were struck in bronze instead of copper plated steel.

Reports have been received regarding obverse varieties for the
1998 and 2004 year issues but they are yet to be confirmed:
1998 - I points to right of dot, A points to left of dot
2004 - I points to left of dot, A points to right of dot

(former Spink ref. 4710)

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Date	Mintage	G	VG	F	VF	XF	AU	UNC	Frequency
Undetermined
1998	115 154 000	$ 0.02	$ 0.03	$ 0.05	$ 0.17	$ 0.17	$ 0.23	$ 0.56	22%
1998	96 192							$ 1.30	0.6%	BU
1998	63 670							$ 1.30	0.9%	Proof
1999	353 816 000	$ 0.08	$ 0.08	$ 0.11	$ 0.11	$ 0.18	$ 0.18	$ 0.27	34%
2000	536 659 000	$ 0.07	$ 0.07	$ 0.10	$ 0.13	$ 0.18	$ 0.43	$ 0.60	41%
2000	117 750							$ 1.40	0.7%	BU
2000	72 469							$ 1.50	0.7%	Proof
2001	551 880 000	$ 0.05	$ 0.07	$ 0.10	$ 0.11	$ 0.16	$ 0.20	$ 0.43	40%
2001	57 741							$ 2.20	0.5%	BU
2001	49 372							$ 3.10	0.6%	Proof
2002	168 556 000	$ 0.07	$ 0.07	$ 0.08	$ 0.16	$ 0.16	$ 0.17	$ 1.10	20%
2002	60 539							$ 2.40	0.4%	BU
2002	60 770							$ 2.40	0.6%	Proof
2003	260 225 000	$ 0.05	$ 0.05	$ 0.05	$ 0.16	$ 0.16	$ 0.16	$ 0.16	26%
2003	62 741							$ 1.40	0.5%	BU
2003	43 513							$ 2.40	0.8%	Proof
2004	356 396 000	$ 0.05	$ 0.05	$ 0.10	$ 0.11	$ 0.16	$ 0.17	$ 0.54	30%
2004	84 617								0.4%	BU
2004	35 020							$ 3.00	0.8%	Proof
2005	280 396 000	$ 0.05	$ 0.05	$ 0.05	$ 0.12	$ 0.16	$ 0.18	$ 0.65	26%
2005	51 776								0.4%	BU
2005	40 563							$ 3.10	0.7%	Proof
2006	170 637 000	$ 0.02	$ 0.03	$ 0.12	$ 0.12	$ 0.18	$ 0.18	$ 0.61	20%
2006	100 109							$ 1.20	0.4%	BU
2006	37 689							$ 3.90	0.6%	Proof
2007	254 500 000	$ 0.03	$ 0.07	$ 0.07	$ 0.13	$ 0.15	$ 0.15	$ 0.80	24%
2007	91 878							$ 1.20	0.4%	BU
2007	38 215							$ 2.90	0.6%	Proof
2008	10 600 000		$ 0.02	$ 0.06	$ 0.06	$ 0.16	$ 0.23	$ 0.49	8%
2008	79 110								0.7%	BU
2008	36 333							$ 4.00	0.6%	Proof

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Since some users own several versions, the sum may be greater than 100%.

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

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