The decimal nickel-brass two pound coins which were produced by The Royal Mint from 1986 to 1996. They were modelled on the previous gold issues, having the same weight and diameter, although thicker. It is not uncommon for people to think they have found a gold coin in their coins, however, the true gold coin is struck in a proof finish and is a more coppery colour.

The entire series of seven different designs in five different years were all commemorative coins, produced largely to appeal to collectors. All are available in different version.

If you are interested in collecting coins, you may be interested in reading our blogs:

The 2017 Jane Austen Two Pound Coin

The 2017 WWI Aviation Two Pound

How Much is a 1986 £2 Coin Worth?

Beatrix Potter 2017 Fifty Pence Coins

One Pound Coin Designs 1983 - 2017

Elizabeth II - The Sapphire Jubilee Crown

Is My Fifty Pence Rare?

Obverse

The obverse bears the third UK coin portrait of Queen Elizabeth II created by Ralph David Maklouf, FRSA. The coin bears the inscription ELIZABETH · II · DEI · GRATIA · REGINA · F·D · TWO POUNDS ·

Reverse

The reverse design of a thistle encircled by a laurel wreath superimposed on the cross of Saint Andrew was created by Norman Sillman. The design is in recognition of the thirteenth Commonwealth Games which were held in Scotland in that year. The 1986 £2 was the first British coin issued to commemorate a sporting event.

Specification

Diameter	28.40mm
Weight	31.96g
Alloy	Nickel-Brass
Obverse Designer	Raphael Maklouf
Reverse Designer	Norman Sillman
Mint	Royal Mint
Finish	Brilliant Uncirculated

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6.

Orders under £60

Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.

Orders under £1500 there is no additional fee.
Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee.

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.

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a day ago

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“Simple website, fast secure packaging and good prices make for an enjoyable experience ”

A DA SILVA

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STEPHEN BURN

“Straightforward as usual and happy with the product.”

Roger

“Very Helpful Staff”

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2 days ago

Mr Alan Young

“Excellent service , great advice, information in relation to quality and grading prompt delivery ”

Trevor Whittaker

“I recently bought a gold half sovereign from Chards. Their website is easy to navigate and the ordering process is straightforward. My purchase arrived within... Read More”

Jacquie

“I was a little nervous buying gold coins online, however Chards provided a super service and I would be confident to purchase again”