2 Pence - Elizabeth II 4th portrait; Royal Shield obverse
Obverse
2 Pence - Elizabeth II 4th portrait; Royal Shield reverse
Reverse
Common ⚖ Sells occasionally

Common: 10,000,000 or more minted. Sells occasionally: 10 verified sales in the last 12 months.

2 Pence - Elizabeth II 4th portrait Royal Shield (2008–2015)

"Royal Shield 2p"

CountryUK Year2008–2015 Denom2 Pence Mintage241,679,000 MintRoyal Mint MetalCopper plated steel
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
Year2008–2015
Denomination2 Pence
Face value2p
Mintage by year
  • 2008241,679,000
  • 2009150,500,500
  • 201099,600,000
  • 2011144,300,000
  • 201267,800,000
  • 201340,600,000
  • 2014247,600,200
  • 201585,900,000
Scarcest year: 40,600,000 struck
MintRoyal Mint · Llantrisant
SeriesRoyal Shield Series
CirculationCirculating
CompositionCopper plated steel
Weight7.120g
Diameter25.9mm
Thickness2.05mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistIan Rank-Broadley
Rev. artistMatthew Dent
Grade scaleUK (EF/UNC)
Obverse

Fourth crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.

ELIZABETH II D G REG F D

Reverse

Top right section of the Royal Shield of Arms, denomination above.

TWO PENCE

Royal Shield 2p market value

£2.22
Median of 6 verified BU sales, the grade that sells most often. 10 sales across 3 grades.
Grade range £1 – £3
Lowest grade Highest grade
Last sale 28 days ago View price history →

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Royal Shield 2p price history

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Royal Shield 2p value by year

2008 to 2015 · median sold prices
Year Mintage Circulated Uncirculated Sales
2008 241,679,000 £1.17 type £2.44 5
VF£12.50EF£28.00UNC£95.00
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2009 150,500,500 £1.17 type £3.31 (1) 1
VF£12.50EF£28.00UNC£95.00
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2010 99,600,000 £1.17 (1) £2.24 (1) 2
VF£12.50EF£28.00UNC£95.00
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2011 144,300,000 £1.17 type £1.95 (1) 1
VF£12.50EF£28.00UNC£95.00
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2012 67,800,000 £1.17 type £2.44 type
2013 scarcest 40,600,000 £1.17 type £2.44 type
2014 247,600,200 £1.17 type £2.44 type
2015 85,900,000 £1.17 type £2.72 (1) 1
VF£12.50EF£28.00UNC£95.00
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One row for each year the 2 Pence - Elizabeth II 4th portrait – Royal Shield was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet; years with no sales yet fill in as sales are recorded. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.

Royal Shield 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
BU £2.72 🔒 eBay £2.22 – £1.95 – £4.50 6 6 28-09-2026
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VF £1.17 🔒 eBay £1.17 (1) – £1.17 – £1.17 1 1 28-08-2026
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PR-65 £3.31 🔒 eBay £2.77 – £2.24 – £3.31 3 3 29-09-2026
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⭐ Pro: see all 10 dated sale records behind these medians, with source links and lot references.
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Pricing Data
3 grades · last updated 27 Oct 2026

About the 2008 2 Pence - Elizabeth II – Royal Shield

The 2008 2 Pence - Elizabeth II – Royal Shield is a circulating 2 pence coin issued from 2008 to 2015 in the Royal Shield series, struck in copper plated steel. It weighs 7.12g and measures 25.9mm across. Reverse design: Top right section of the Royal Shield of Arms, denomination above.

Mintage figures are recorded for 8 years between 2008 and 2015, 1,077,979,700 coins in all. 2013 is the scarcest date, with 40,600,000 struck.

Common questions

How much is the 2008 2 Pence - Elizabeth II – Royal Shield worth?

Verified sold prices for the 2008 2 Pence - Elizabeth II – Royal Shield run from £1.17 to £2.77 across 3 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.

Which Royal Shield 2p is the scarcest?

By the Royal Mint's figures, 2013 is the lowest of the eight fourth portrait dates at 40,600,000, followed by 2012 at 67,800,000. That is still tens of millions of coins, so neither is hard to find. The highest is 2014 at 247,600,020.

How many 2008 Royal Shield 2p coins were made?

The Royal Mint gives 241,679,000 for the new design dated 2008. A further 10,600,000 2p coins dated 2008 were struck with the older Prince of Wales's feathers reverse, which makes the old design much the smaller issue of that year.

What does the 2p shield design show?

The 2008 proclamation describes a section of the Royal Arms showing elements of the second quartering, with the words TWO PENCE. The second quarter of the Royal Arms is the Scottish one, so the coin shows the lion rampant. Matthew Dent designed it.

Is the Royal Shield 2p magnetic?

Yes. The proclamation for the 2008 series specifies mild steel coated with copper for the 2p, and the Royal Mint notes that the steel core makes such coins magnetic. Bronze 2p coins from before September 1992 are not attracted to a magnet.

How do I identify the 2008 2 Pence - Elizabeth II – Royal Shield?

Check the weight 7.12g and diameter 25.9mm and the metal (copper plated steel) against the specification table on this page. The reverse design is described above.

History and design

The Royal Shield 2p arrived with the 2008 redesign of the coinage, when the Royal Mint replaced the reverses of all seven coins from the 1p to the £1. The designs were unveiled on 2 April 2008 and were expected to enter circulation gradually from that summer.

For the 2p the change was almost complete in the first year. The Royal Mint's figures give 241,679,000 coins of the new design dated 2008, against only 10,600,000 with Christopher Ironside's old reverse.

Output after that was uneven. Across the eight dates from 2008 to 2015 the total is 1,077,979,520, with a high of 247,600,020 in 2014 and a low of 40,600,000 in 2013. The 2015 figure of 85,900,000 covers only coins with this portrait: another 139,200,000 dated 2015 carry the fifth portrait.

Matthew Dent's designs were chosen from more than 4,000 competition entries. Each coin from 1p to 50p shows a detail of the Shield of the Royal Arms, and together they form the whole shield. The proclamation of February 2008 describes the 2p as a section of the Royal Arms showing elements of the second quartering, with the words TWO PENCE. That quarter is the Scottish one, so the coin shows the lion rampant.

The obverse has Ian Rank-Broadley's portrait with the inscription ELIZABETH II D G REG F D and the date. Check Your Change notes that the rim beads of the earlier 2p were removed. The edge is plain and the coin is mild steel coated with copper.

Collecting notes

No recognised varieties or mint errors are documented for this coin.

In the Royal Mint's figures, 2013 and 2012 are the two lowest dates of this type, and only two circulating 2p figures of any period are lower than the 2013 one: the 2008 coin with the old reverse and the fifth portrait coin of 2017. All eight dates remain in circulation, and the Royal Mint states that the 2p is legal tender for amounts up to 20 pence.

Check the portrait on a 2015 coin. Rank-Broadley's has the initials IRB under the bust, while the later one by Jody Clark belongs to the fifth portrait Royal Shield 2p. Tony Clayton lists proofs of this design in silver, gold and platinum, all sold to collectors.

Sources

The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.

  1. UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
  2. 2p Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
  3. Proclamation determining the specifications and designs for a new series of one pound, fifty pence, twenty pence, ten pence, five pence, two pence and one penny coins (notice L-58612-455481), The Gazette (read 9 Oct 2026)
  4. Royal Mint Unveils New United Kingdom Coins (Royal Mint press release of 2 April 2008, as republished), CoinNews (read 9 Oct 2026)
  5. 2p Coins in Circulation, Check Your Change (read 9 Oct 2026)
  6. Two pence (British coin), Wikipedia (read 9 Oct 2026)
  7. Decimal Two Pence, by Tony Clayton, Coins of the UK (read 9 Oct 2026)

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