After a review of the United Kingdom coinage in 1994, it emerged that there was a requirement for a £2 coin to enter general circulation.
After extensive consultation, it was decided this would be a bi-colour coin, making it easily distinguishable from the other coins in circulation.
Originally, the intention was to issue the £2 coin in November 1997. However, concerns emerged from the vending industry over their size. The £2 coin was eventually launched on 15 June 1998, with millions of the coin released into circulation.
Since then we’ve seen over 35 different designs enter circulation!
And in 2022, the bi-metallic £2 coin celebrates its 25th birthday!
£2 coin vote – winning design revealed!
We asked you to vote for your favourite bi-metallic £2 coin design and the results are in!
Our winning coin design is the Great Fire of London £2, taking an impressive 17% of all votes! This coin was issued in 2016 to mark the 350th anniversary of one of the most well-known disasters to hit London.
However, three years after this coin was issued into circulation, it was revealed that its mintage figure was mistakenly listed and the coin is in fact rarer than once thought…
The previous figure of 5,135,000 meant this coin was fairly common but the updated figure of 1,625,000, makes this coin one of the rarest £2 coins in circulation!
Did your favourite coin design make the top 5? Let us know in the comments below!