Two pounds (British coin)

The British two pound (£2) coin is a denomination of the pound sterling. Its obverse has featured the profile of Queen Elizabeth II since the coin’s introduction. Two different portraits of the Queen have been used, with the latest design by Jody Clark being introduced in 2015. The reverse features an abstract design symbolising the history of technological achievement. A new reverse design featuring Britannia began to enter circulation during 2015.

The coin was introduced on 15 June 1998 (coins minted 1997) after a review of the United Kingdom's coinage decided that a general-circulation £2 coin was needed. The new bi-metallic design replaced a series of commemorative, uni-metallic coins which were issued between 1986 and 1996 to celebrate special occasions. Although legal tender, these coins have never been common in everyday circulation.

As of March 2014 there were an estimated 417 million £2 coins in circulation with an estimated face value of £831.756 million.

Two pounds (British gold coin)

A Two Pound coin was an occasional feature of the British currency from 1823 until 1996, and being minted each year since 1997. With the exception of proof coins issued in 1824, 1825, 1826, and 1831, the design of the reverse always featured the George and Dragon of Benedetto Pistrucci, with the year in the exergue under the design.

The coin was normally issued in cased "proof" condition, although the issues of 1823, 1887, 1893, and 1902 did circulate. The normal weight of the denomination was 16 grams, with a usual diameter of 28 millimetres.

The first appearance of the denomination was in 1820 during the final year of the reign of George III. This rare piece was not struck for circulation but only as a pattern. The obverse shows the bust of king facing right wearing a wreath and bears the legend GEORGIUS III D G BRITANNIARUM REX F D 1820. The reverse has no legend and shows the Pistrucci design.

The coin first appeared as a 'currency' or circulating coin in 1823 during the reign of George IV. The legend on this coin reads GEORGIUS IIII D G BRITANNIAR REX F D. The date and Pistrucci's George and the Dragon appear on the reverse and DECUS ET TUTAMEN ANNO REGNI IV on the edge. The obverse portrait of the king was designed by Jean Baptiste Merlen. This designer is known primarily for his reverses, with the portrait of the 1823 Two Pounds being the only obverse he engraved, using as a basis a model by Sir Francis Chantrey. The elegance of this portrait, compared with Benedetto Pistrucci's portrait for the sovereign, reveals that the choice of designer and engraver was a wise one. Apparently, Pistrucci was unwilling to work from the model of another artist. The quality of the strike was exceptional, producing what some consider to be the most beautiful two pound piece ever produced. The reverse of this coin by Pistrucci has been the basis for the design of this denomination right up to the present day (2009 being the most recent).