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2 Pence - Elizabeth II 3rd portrait; magnetic

2 Pence - Elizabeth II (3rd portrait; magnetic) - obverse2 Pence - Elizabeth II (3rd portrait; magnetic) - reverse

© riversxian (CC BY)

Features

Issuer United Kingdom
Queen Elizabeth II (1952-2022)
Type Standard circulation coins
Years 1992-1997
Value 2 Pence
0.02 GBP = USD 0.027
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#
868
References KM# 936a
Standard Catalog of World Coins (86 volumes).
, Sp# C4
Standard Catalogue of British Coins (37 volumes).

Obverse

Third crowned portrait of Queen Elizabeth II right, wearing the George IV State Diadem, legend around.

Script: Latin

Lettering:
ELIZABETH II D·G·REG·F·D·1997
RDM

Unabridged legend: Elizabeth II Dei Gratia Regina Fidei Defensatrix

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

Engraver: Raphael David Maklouf

Reverse

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

1992 saw the changeover from bronze to copper-plated steel for both the 1p & 2p to reduce the cost of production. Both bronze and copper-plated steel 1992 coins can be found, however those in Proof & Brilliant Uncirculated sets were struck in Bronze, while circulation strikes were copper-plated steel.

1993 reverse die varieties:

Reverse A (1992-93) P shorter foot, E between pearls, pearls near to border;
Reverse B (1993-97) P longer foot, E at a pearl, pearls far from border;



Information has been received to suggest that 1993 BU and Proof sets were struck with Reverse B but this is yet to be confirmed.

See also

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Date Mintage G VG F VF XF AU UNC Frequency
1992  102 247 000 $ 0.05 $ 0.05 $ 0.12 $ 0.13 $ 0.16 $ 0.16 $ 0.62 21%
1993  56 945 $ 1.10 $ 1.70 BU 0.9%
1993  66 080 $ 2.00 Proof 1.5%
1993  235 674 000 $ 0.04 $ 0.06 $ 0.12 $ 0.12 $ 0.15 $ 0.15 $ 0.27 Reverse varieties (see comments) 33%
1994  531 628 000 $ 0.05 $ 0.09 $ 0.12 $ 0.12 $ 0.17 $ 0.17 $ 0.84 53%
1994  177 971 $ 1.40 BU 1.2%
1994  66 720 $ 1.20 Proof 1.6%
1995  124 482 000 $ 0.05 $ 0.05 $ 0.12 $ 0.16 $ 0.17 $ 0.21 $ 0.23 23%
1995  105 647 $ 2.60 BU 0.8%
1995  60 639 $ 2.90 Proof 1.1%
1996  296 278 000 $ 0.04 $ 0.06 $ 0.16 $ 0.16 $ 0.16 $ 0.16 $ 0.26 36%
1996  86 501 $ 1.50 BU 0.8%
1996  67 581 $ 2.10 Proof 1.3%
1997  496 116 000 $ 0.04 $ 0.04 $ 0.12 $ 0.15 $ 0.20 $ 0.23 $ 0.67 48%
1997  109 557 $ 1.60 BU 0.8%
1997  80 748 $ 1.80 Proof 1.7%

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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