2 Pence - Charles III Red Squirrel; Gold Proof obverse
Obverse
2 Pence - Charles III Red Squirrel; Gold Proof reverse
Reverse

2 Pence - Charles III Red Squirrel Gold Proof (2023–2024)

CountryUK Year2023–2024 Denom2 Pence MintRoyal Mint MetalGold (.9167) Melt £1,236.87
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
Reference guide Read the 2p coin values UK guide Mintage, key dates, realised auction prices and authentication tips.
CountryUnited Kingdom
Year2023–2024
Denomination2 Pence
Face value2p
MintRoyal Mint · Llantrisant
CirculationNon-circulating
CompositionGold (.9167) (917/1000 fine)
Weight13.960g · 0.4114 t oz
Diameter25.9mm
Thickness2.05mm
ShapeRound
OrientationMedal alignment ↑↑
Grade scaleUK (EF/UNC)
Obverse

Uncrowned portrait of King Charles III left, legend and date around.

Reverse

Red Squirrel over pine cones and branches, denomination over royal cypher design at left.

Gold content
Fine troy oz 0.4114
Melt value £1,236.87
Premium over melt £-361.87

Gold Proof 2p market value

£875.00
Median of 1 verified PR-70 sale.
Last sale 2.2 yrs ago View price history →

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Gold Proof 2p price history

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Gold Proof 2p value by grade

Realised auction prices · ⭐ Pro Expand rows for individual sale records
Grade Latest Median 30d Δ All-time range Sales (1yr) Total sales Last sale
PR-70 £875.00 🔒 £875.00 (1) – £875.00 – £875.00 0 1 06-08-2024
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Pricing Data
1 grade · last updated 27 Oct 2026

About the 2023 2 Pence - Charles III Red Squirrel – Gold Proof

The 2023 2 Pence - Charles III Red Squirrel – Gold Proof is a collector 2 pence coin issued from 2023 to 2024, struck in 91.67% gold. It weighs 13.96g and measures 25.91mm across. Reverse design: Red Squirrel over pine cones and branches, denomination over royal cypher design at left.

Common questions

How much is the 2023 2 Pence - Charles III Red Squirrel – Gold Proof worth?

The 2023 2 Pence - Charles III Red Squirrel – Gold Proof has a price in one grade on MyCoinage so far: £875 in PR-70, the median of its verified sales. Its gold content is worth about £1,237 at today's spot price, which puts a floor under its value.

How is the 2023 2 Pence - Charles III Red Squirrel – Gold Proof different from the circulating coin?

This is a collector version of the 2023 2 Pence - Charles III Red Squirrel, not the coin found in change. At 13.96g of 91.67% gold it is heavier than the 7.12g copper circulating coin, so weighing it is the quickest check.

How do I identify the 2023 2 Pence - Charles III Red Squirrel – Gold Proof?

Check the weight 13.96g and diameter 25.91mm and the metal (91.67% gold) against the specification table on this page. The reverse design is described above.

History and design

This is a collector version of the 2 Pence - Charles III Red Squirrel. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.

The Red Squirrel 2p is the definitive 2p of King Charles III. It is one of eight new designs, from the 1p to the £2, that the Royal Mint unveiled on 12 October 2023 to replace the Royal Shield designs introduced in 2008. All eight show plants and animals of the United Kingdom, a theme the Mint ties to the King's interest in conservation.

So far it is a coin of collector sets only. The Royal Mint's figures show no Red Squirrel 2p coins struck for circulation dated 2023 or 2024, and there is no later entry for the denomination. The Mint has said that the new designs enter circulation in line with demand, and its figures show little call for new 2p coins: the last circulating 2p issue was 117,700,000 dated 2021, with nothing in 2018, 2019, 2020 or 2022.

When the King's first 10p coins were released in August 2026, the Mint named the 5p, 50p, £1 and 10p as the denominations bearing his portrait that had reached circulation. The 2p was not among them.

The reverse shows a red squirrel with the inscription 2 PENCE and a large numeral, set against a repeating pattern of three interlocking C's that runs across all eight coins and refers to the cypher of Charles II. The Royal Mint says the squirrel's colouring blends with the reddish hue of the 2p. It notes that 75% of the UK population is in Scotland, with others in Northern Ireland, the Isle of Wight, Brownsea Island, Anglesey, Cumbria and parts of Northumberland, and that conservation work is in place to stop the species becoming extinct in the UK.

The Mint credits the reverse to its own team, which worked with the Royal Mint Advisory Committee and external artists, with support from the RSPB and the Royal Horticultural Society. The obverse carries the King's coinage portrait by Martin Jennings with the inscription CHARLES III DEI GRA REX FID DEF and the date. The coin is copper-plated steel with a plain edge.

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