2 Pounds - Elizabeth II 4th portrait; 1 oz Fine Silver (.958) obverse
Obverse
2 Pounds - Elizabeth II 4th portrait; 1 oz Fine Silver (.958) reverse
Reverse
Rare 💧 Sells often

Rare: fewer than 500,000 minted. Sells often: 60 verified sales in the last 12 months.

2 Pounds - Elizabeth II 4th portrait 1 oz Fine Silver (.958) (1998–2012)

CountryUK Year1998–2012 Denom2 Pounds Mintage88,909 MintRoyal Mint MetalSilver (.958) Melt £40.04
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
Reference guide Read the £2 coin values UK guide Mintage, key dates, realised auction prices and authentication tips.
CountryUnited Kingdom
Year1998–2012
Denomination2 Pounds
Face value£2
Mintage by year
  • 199888,909
  • 200081,301
  • 200236,543
  • 2004100,000
  • 2006100,000
  • 2012100,000
Scarcest year: 36,543 struck
MintRoyal Mint · Llantrisant
SeriesBritannia Silver
CirculationNon-circulating
CompositionSilver (.958) (958/1000 fine)
Weight32.450g · 0.9995 t oz
Diameter40.0mm
ShapeRound
OrientationMedal alignment ↑↑
Grade scaleUK (EF/UNC)
Obverse

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

Reverse

Standing figure of Britannia holding trident in right hand and shield bearing the Union flag in right, legend around,

Silver content
Fine troy oz 0.9995
Melt value £40.04
Premium over melt £49.91
Related guides

1 oz Fine Silver (.958) £2 market value

£79.07
▼ 4.6% 30d
Median of 14 verified BU sales, the grade that sells most often. 15 sales across 2 grades.
Grade range £79 – £90
Lowest grade Highest grade
Last sale 8 days ago View price history →

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1 oz Fine Silver (.958) £2 price history

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Year

1 oz Fine Silver (.958) £2 value by year

1998 to 2012 · median sold prices
Year Mintage Circulated Uncirculated Sales
1998 88,909 £83.90 14
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1998 coin's sales by grade, and the chart filtered to one year
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2000 81,301 £83.90 10
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 2000 coin's sales by grade, and the chart filtered to one year
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2002 scarcest 36,543 £95.00 (1) 1
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 2002 coin's sales by grade, and the chart filtered to one year
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2004 100,000 £77.73 12
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 2004 coin's sales by grade, and the chart filtered to one year
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2006 100,000 £83.90 (1) 1
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 2006 coin's sales by grade, and the chart filtered to one year
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2012 100,000 £64.52 22
VF£12.50EF£28.00UNC£95.00
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One row for each year the 2 Pounds - Elizabeth II 4th portrait – 1 oz Fine Silver (.958) 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. 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.

1 oz Fine Silver (.958) £2 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
UNC £89.95 🔒 eBay £89.95 (1) – £89.95 – £89.95 1 1 09-06-2026
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BU £83.90 🔒 eBay £79.07 ▼4.6% £53.00 – £129.99 59 59 19-10-2026
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⭐ Pro: see all 60 dated sale records behind these medians, with source links and lot references.
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Pricing Data
2 grades · last updated 27 Oct 2026

About the 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958)

The 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958) is a collector 2 pounds coin issued from 1998 to 2012 in the Britannia Silver series, struck in 95.8% silver. It weighs 32.45g and measures 40mm across. Reverse design: Standing figure of Britannia holding trident in right hand and shield bearing the Union flag in right, legend around,.

Mintage figures are recorded for 6 years between 1998 and 2012, 506,753 coins in all. 2002 is the scarcest date, with 36,543 struck.

Common questions

How much is the 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958) worth?

Verified sold prices for the 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958) run from £79.07 to £89.95 across 2 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its silver content is worth about £40.04 at today's spot price, which puts a floor under its value.

How is the 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958) different from the circulating coin?

This is a collector version of the 1998 2 Pounds - Elizabeth II – Technology, not the coin found in change. At 32.45g of 95.8% silver it is heavier than the 12g nickel circulating coin, so weighing it is the quickest check.

How do I identify the 1998 2 Pounds - Elizabeth II – 1 oz Fine Silver (.958)?

Check the weight 32.45g and diameter 40mm and the metal (95.8% silver) against the specification table on this page. The reverse design is described above.

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