Scarce: fewer than 2,000,000 minted. Sells occasionally: 5 verified sales in the last 12 months.
2 Pounds - Elizabeth II 4th portrait London Underground Logo (2013)
"London Underground Roundel £2"
| Country | United Kingdom |
| Year | 2013 |
| Denomination | 2 Pounds |
| Face value | £2 |
| Mintage | 1,560,000 |
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Composition | Bimetallic: copper-nickel center in nickel brass ring |
| Weight | 12.000g |
| Diameter | 28.4mm |
| Thickness | 2.50mm |
| Shape | Round |
| Edge | Milled with inscription: MIND THE GAP |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Ian Rank-Broadley |
| Rev. artist | Edwina Ellis |
| Grade scale | UK (EF/UNC) |
Fourth crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around
The ‘Roundel’ £2 coin is inspired by the 1938 poster by Man Ray and depicts the world-famous London Underground logo.
London Underground Logo £2 market value
Find this on eBay
AffiliateLondon Underground Logo £2 price history
Daily limit reachedLondon Underground Logo £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 | |
|---|---|---|---|---|---|---|---|---|
| VF | £9.54 🔒 eBay | £6.96 (2) | – | £4.38 – £9.54 | 2 | 2 | 07-09-2026 | |
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| PR-65 | £21.50 🔒 eBay | £20.13 (2) | – | £18.75 – £21.50 | 2 | 2 | 26-07-2026 | |
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| PR-70 | £96.64 🔒 eBay | £96.64 (1) | – | £96.64 – £96.64 | 1 | 1 | 27-02-2026 | |
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About the 2013 2 Pounds - Elizabeth II – London Underground Logo
The 2013 2 Pounds - Elizabeth II – London Underground Logo is a circulating 2 pounds coin, struck in bimetallic: copper-nickel center in nickel brass ring. It weighs 12g and measures 28.4mm across. Reverse design: The ‘Roundel’ £2 coin is inspired by the 1938 poster by Man Ray and depicts the world-famous London Underground logo.
1,560,000 were struck.
Common questions
How much is the 2013 2 Pounds - Elizabeth II – London Underground Logo worth?
Verified sold prices for the 2013 2 Pounds - Elizabeth II – London Underground Logo run from £6.96 to £96.64 across 3 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.
How many London Underground Roundel £2 coins were made?
The Royal Mint's mintage figures record 1,560,000 struck for circulation, all dated 2013. Its companion, the London Underground Train £2, has 1,690,000, so the Roundel is the lower of the pair by 130,000 coins.
Is the London Underground Roundel £2 rare?
It is one of the lower-mintage £2 coins without being among the scarcest. Twelve circulating £2 issues in the Royal Mint's figures have a lower total than its 1,560,000, led by the 2002 Commonwealth Games Northern Ireland coin at 485,500.
Who designed the Roundel £2?
Edwina Ellis, a printmaker who had contributed to the Art on the Underground project, designed the reverse. The Royal Mint says she used the Johnston typeface, created for Underground signage, for the lettering. The obverse portrait is by Ian Rank-Broadley.
What does the edge of the Roundel £2 say?
The milled edge reads MIND THE GAP in incuse letters, the platform warning familiar to Tube passengers. The Train £2 issued alongside it has no words on the edge at all, only a pattern based on the Tube map.
When did the London Underground £2 coins enter circulation?
Transport for London announced on 24 January 2013 that a limited number of both coins would be issued that week from selected Underground stations, with larger quantities to follow into general circulation later in the year.
How do I identify the 2013 2 Pounds - Elizabeth II – London Underground Logo?
Check the weight 12g and diameter 28.4mm and the metal (bimetallic: copper-nickel center in nickel brass ring) against the specification table on this page. The reverse design is described above.
History and design
The London Underground opened in 1863 as the world's first underground railway. For its 150th anniversary in 2013 the Royal Mint issued two £2 coins, both authorised by a single royal proclamation given on 17 October 2012. This is the Roundel coin; the other shows a Tube train.
Transport for London announced on 24 January 2013 that a limited number of both coins would be issued that week from selected Tube stations, with larger quantities going into general circulation later in the year. The Royal Mint's figures record 1,560,000 Roundel coins struck for circulation. That is 130,000 fewer than the Train coin, and twelve circulating £2 issues in the Mint's figures are lower.
The reverse is by Edwina Ellis, a printmaker who had contributed to the Art on the Underground project. It shows the Underground roundel set at an angle, with UNDERGROUND across the bar and the anniversary dates 1863 above and 2013 below. The roundel first appeared on station platforms in 1908, and Edward Johnston added the Underground's own typeface to the bar in 1920. The Royal Mint says Ellis used that Johnston typeface for the coin's lettering.
The edge is milled with the incuse inscription MIND THE GAP.
The obverse carries the fourth portrait of Elizabeth II, by Ian Rank-Broadley. The reverse has no statement of value, so TWO POUNDS appears on the obverse with the legend ELIZABETH II D G REG FID DEF.
Varieties and errors
No recognised varieties or mint errors are documented for this coin. MIND THE GAP reading upside down against the Queen's head is normal: the Royal Mint says edge lettering is rolled on before the coin is struck and "there is no right or wrong way".
Collecting notes
The date 2013 is on the reverse, below the roundel, and the denomination is on the Queen's side only.
Check that the edge reads MIND THE GAP. A 2013 Underground £2 with a patterned edge and no words is the Train coin, which was made that way.
The proclamation made the base-metal coin current and legal tender, and it was also struck as a silver proof, a silver piedfort and a gold proof, each listed separately on this site. The third commemorative £2 of 2013 is the Guinea £2, with 2,990,000 struck.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
- Two Pound Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
- Proclamation determining the specifications and designs for two-pound coins commemorating the hundred and fiftieth anniversary of the London Underground (London Gazette issue 60304, 19 October 2012), The London Gazette (read 9 Oct 2026)
- 2013 Elizabeth II 'The 150th Anniversary of the London Underground - Logo' £2 Coin, The Royal Mint (read 9 Oct 2026)
- The Royal Mint issues special London Underground coins into circulation to celebrate 150th anniversary of Tube (24 January 2013), Transport for London (read 9 Oct 2026)
- Why does the edge inscription on the £2 and £1 coins sometimes appear "upside down"?, The Royal Mint (read 9 Oct 2026)
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