Quick answer
The two 2013 London Underground £2 coins sell for about £3 to £10 each in circulated condition, based on sold prices tracked by MyCoinage, late 2026. The Roundel is slightly scarcer, with 1,560,000 struck for circulation against 1,690,000 for the Train. Both are lower-mintage £2 coins, but neither is rare.
Key facts
| Fact | Detail |
|---|---|
| Year | 2013 |
| Denomination | £2 (bimetallic) |
| Occasion | 150th anniversary of the London Underground |
| Roundel design | The Underground roundel, by Edwina Ellis |
| Train design | A Tube train emerging from a tunnel, by Edward Barber and Jay Osgerby |
| Obverse | Fourth portrait of Elizabeth II by Ian Rank-Broadley |
| Roundel mintage | 1,560,000 |
| Train mintage | 1,690,000 |
| Metal | Nickel-brass outer ring, cupro-nickel centre |
| Weight and size | 12.0g, 28.4mm diameter, 2.5mm thick |
| In circulation | Yes, both designs were issued into circulation |
| Typical sold price (circulated) | About £3 to £10 |
Two designs for one anniversary
The Royal Mint issued two different £2 coins in 2013 to mark 150 years of the London Underground, which it describes as the world's first underground railway. The first section opened on 10 January 1863, which is why some people search for these as the "1863" £2 coins.
According to the Transport for London press release of 24 January 2013, a limited number of the coins were first issued from selected Tube stations, with larger quantities entering general circulation later that year.
The Roundel £2
The Roundel coin was designed by Edwina Ellis. It shows the London Underground roundel, the bar and circle logo that Transport for London says first appeared on station platforms in 1908.
Its edge inscription reads MIND THE GAP.
The Train £2
The Train coin was designed by Edward Barber and Jay Osgerby, who also designed the London 2012 Olympic Torch. The Royal Mint describes the design as a 1967 Victoria line train emerging from a tunnel.
The Train coin has no words on its edge. Instead it carries a pattern that the Royal Mint describes as a linear representation of the Tube map, inspired by Harry Beck's diagram.
How many London Underground £2 coins were made?
The Royal Mint's published figures give 1,560,000 for the Roundel and 1,690,000 for the Train, a combined 3,250,000 coins across the two designs.
| Design | Designer | Edge | Circulation mintage |
|---|---|---|---|
| Roundel | Edwina Ellis | MIND THE GAP | 1,560,000 |
| Train | Edward Barber and Jay Osgerby | Tube map line pattern | 1,690,000 |
Both figures sit among the 15 lowest in the Royal Mint's circulating £2 mintage table. They are well below a typical commemorative £2 of the period, such as the 2012 Charles Dickens coin at 8,190,000.
They are not in the same bracket as the scarce coins, though. The 2002 Commonwealth Games Northern Ireland £2 has a mintage of 485,500, less than a third of the Roundel figure. You can compare every design on the £2 mintage table.
Which London Underground £2 is rarer, the Roundel or the Train?
The Roundel, by 130,000 coins. That is a difference of about 8%, which is too small to notice when checking change and has not produced a consistent price gap between the two.
The two designs were issued as a pair, so if you find one, the other is worth looking for.
London Underground £2 coin value: sold prices
The Train has far more recorded sales, so its figures are the more reliable guide.
| Coin and condition | Recorded sales | Sold price range | 90-day median |
|---|---|---|---|
| Train, circulated (VF) | 22 | £2.78 to £8.99 | £4.60 |
| Train, uncirculated (UNC) | 8 | £2.24 to £18.95 | £4.24 |
| Train, Brilliant Uncirculated | 2 | £21.95 to £25.95 | Not enough sales |
| Roundel, circulated (VF) | 2 | £4.38 to £9.54 | Not enough sales |
These figures are based on sold prices tracked by MyCoinage, late 2026. The Roundel line rests on just two circulated sales, so treat it as an indication only. The current numbers are on the Roundel £2 page and the Train £2 page.
In practice a London Underground £2 from your change sells for a modest premium over face value, in line with its lower mintage. The £2 coin values guide puts it in context against the other designs.
London Underground £2 coin errors: are there any?
No error variety of either London Underground £2 has been documented, and the Royal Mint has not confirmed one. The "errors" that turn up in listings fall into two groups.
Upside-down MIND THE GAP
On the Roundel coin, the edge inscription can read either way up relative to the Queen's head. The Royal Mint explains that edge lettering is rolled onto the blank before striking, and its FAQ says "there is no right or wrong way". About half of all coins are "upside down". It is not an error.
No inscription on the Train coin
A Train £2 with no words on the edge is exactly as it should be. That design has a line pattern instead of lettering. A coin is only unusual if a Roundel has the Train's patterned edge, or a Train carries MIND THE GAP, and no confirmed example of either was found while researching this post.
Genuine £2 edge mix-ups do exist on other issues. The guide to £2 edge inscription errors lists the ones that have been verified.
How to check your coin
First identify the design: logo or train. Then look at the edge to confirm it matches (MIND THE GAP for the Roundel, the line pattern for the Train).
Condition decides the price. Coins with heavy contact marks sell at the bottom of the range. Coins still in Royal Mint packaging sell at the top.
If you are not sure whether a £2 coin is worth keeping, the is my £2 rare guide walks through the checks, and the rare £2 coins guide ranks the scarce designs. For a current figure on any coin, use the coin value checker.
If you have one or both of these coins, you can log them in Change Hunter on MyCoinage to track what you have found in circulation and what the pair is worth. It is free to start.
FAQ
Is the London Underground £2 coin worth anything?
Yes, a little more than face value. Circulated London Underground £2 coins sell for about £3 to £10, based on sold prices tracked by MyCoinage in late 2026. The Train design has a 90-day median of £4.60 across 22 circulated sales. Brilliant Uncirculated examples sell for more.
How many London Underground £2 coins were made?
The Royal Mint struck 1,560,000 Roundel coins and 1,690,000 Train coins for circulation, a combined total of 3,250,000. Both are dated 2013. Each figure is among the 15 lowest in the Royal Mint's circulating £2 mintage table.
Which London Underground £2 is rarer, the Roundel or the Train?
The Roundel is slightly rarer, with 1,560,000 struck against 1,690,000 for the Train. The gap is 130,000 coins, about 8%. That is too small to create a reliable price difference between the two designs, which were issued as a pair.
Is there a London Underground £2 coin error?
No confirmed mint error exists for either 2013 London Underground £2. An upside-down MIND THE GAP edge on the Roundel is normal, as the Royal Mint says edge inscriptions can face either way. The Train has a patterned edge with no lettering by design.
What is the edge inscription on the London Underground £2?
The Roundel £2 has the edge inscription MIND THE GAP. The Train £2 has no inscription. Its edge carries a pattern of lines based on the Tube map, which the Royal Mint describes as a linear representation of the map.
Can you still find London Underground £2 coins in change?
Yes. Both designs were issued into general circulation in 2013 and remain legal tender. With 3,250,000 struck across the two designs, they are less common than most £2 designs. Check the edge as well as the design when you spot one.
Sources
- The Royal Mint: Two Pound Mintage Figures
- The Royal Mint: Two Pound Coin designs and specifications
- Transport for London: The Royal Mint issues special London Underground coins into circulation
- The Royal Mint: 2013 The 150th Anniversary of the London Underground, The Train £2 Coin
- The Royal Mint: Why does the edge inscription on the £2 and £1 coins sometimes appear "upside down"?