Key Takeaways
- Some rare £2 coins can be worth over £1,000
- Online marketplaces can distort the actual value of coins
- Check your change for valuable £2 coins
Empty your wallets and start searching for those rare £2 coins! Despite being minted just over a decade ago, some of these coins can fetch a staggering £1,000 or more. It's always worth keeping an eye out for those hidden treasures in your pocket change.
The History of £2 Coins
£2 coins have been in circulation since 1998, with the first bi-metallic coin minted in 1997. Before that, the Royal Mint often produced commemorative £2 coins to mark special events. Some of the newer £2 coins may actually be worth more than their older counterparts due to their rarity.
The Value of Rare Coins
It's important to remember that a coin is only worth what someone is willing to pay for it. Online marketplaces can sometimes distort the actual demand for a coin, leading to inflated prices. For example, the Kew Garden 50p coin recently sold on eBay for £7,000, despite experts valuing it at a much lower price.
Rare £2 Coins to Look Out For
There are nine rare £2 coins that are highly sought after by collectors. One specific coin to keep an eye out for is the 2008 Olympic Games Handover coin, with a mintage of just 918,000. This coin, designed by Thomas T. Docherty, features the passing of the Olympic flag and is currently selling for around £12.99 on eBay.
Another valuable £2 coin is the 2008 Olympic Games coin, commemorating the centenary of the 1908 London Olympic Games. With a mintage of 910,000, this coin features a dynamic illustration of a running track and can be purchased for as little as £13.
The 2012 Olympic Games Handover coin, minted with a mintage of 845,000, celebrates the transition of the Olympic Games from London to Rio de Janeiro. eBay sellers are currently listing this coin for around £10, making it a valuable addition to any collection.
So, next time you're counting your change, be sure to keep an eye out for those rare £2 coins that could be worth a small fortune. With the potential for some coins to fetch over £1,000, it's always worth checking before you spend!