2 Pounds - Elizabeth II Olympic Handover; Gold Proof obverse
Obverse
2 Pounds - Elizabeth II Olympic Handover; Gold Proof reverse
Reverse
Key Date Legendary

Legendary: fewer than 100 minted.

2 Pounds - Elizabeth II Olympic Handover Gold Proof (2012)

CountryUK Year2012 Denom2 Pounds Mintage771 MintRoyal Mint MetalGold (.9167) Melt £1,410.98
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
Year2012
Denomination2 Pounds
Face value£2
Mintage771
MintRoyal Mint · Llantrisant
CirculationNon-circulating
CompositionGold (.9167) (917/1000 fine)
Weight15.980g · 0.4710 t oz
Diameter28.4mm
ShapeRound
OrientationMedal alignment ↑↑
Grade scaleUK (EF/UNC)
Tags commemorative highly-collectable
Obverse

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

Reverse

A baton being passed between two hands above flags of the UK and Brazil, below the London 2012 logo.

Gold content
Fine troy oz 0.4710
Melt value £1,410.98
Premium over melt £-410.98

Gold Proof £2 market value

£1,000.00
Median of 2 verified PR-65 sales.
Last sale 1.1 yrs ago View price history →

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Gold Proof £2 price history

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Gold Proof £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
PR-65 £1,150.00 🔒 £1,000.00 (2) – £850.00 – £1,150.00 0 2 06-09-2025
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Pricing Data
1 grade · last updated 27 Oct 2026

About the 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof

The 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof is a collector 2 pounds coin, struck in 91.67% gold. It weighs 15.98g and measures 28.4mm across. Reverse design: A baton being passed between two hands above flags of the UK and Brazil, below the London 2012 logo.

771 were struck.

Common questions

How much is the 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof worth?

The 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof has a price in one grade on MyCoinage so far: £1,000 in PR-65, the median of its verified sales. Its gold content is worth about £1,411 at today's spot price, which puts a floor under its value.

How is the 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof different from the circulating coin?

This is a collector version of the 2012 2 Pounds - Elizabeth II – Olympic Handover, not the coin found in change. At 15.98g of 91.67% gold it is heavier than the 12g nickel circulating coin, so weighing it is the quickest check.

How do I identify the 2012 2 Pounds - Elizabeth II Olympic Handover – Gold Proof?

Check the weight 15.98g and diameter 28.4mm 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 Pounds - Elizabeth II – Olympic Handover. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.

At the end of each Olympic Games the next host city is recognised in a handover ceremony. This £2 marks the handover from London to Rio de Janeiro, which took place at the London 2012 closing ceremony on 12 August 2012. It is the second handover £2: the first, dated 2008, marked the passing of the Games from Beijing to London.

The design was set by a royal proclamation given at Windsor Castle on 10 July 2012. The Royal Mint's figures record 845,000 struck for circulation, the seventh lowest circulating £2 total in those figures. Only the four 2002 Commonwealth Games coins and the 2015 Britannia and Royal Navy coins are lower, and the Royal Mint places this coin seventh in its own list of the rarest £2 coins.

The reverse is by Jonathan Olliffe. It shows a relay baton being passed from one hand to another, with the Union Flag and the flag of Brazil joined together behind the hands. The proclamation describes the background as a running track motif. The London 2012 logo sits above, and the inscription LONDON 2012 RIO 2016 runs around the design.

The edge is milled with the incuse inscription I CALL UPON THE YOUTH OF THE WORLD, the same words used on the 2008 handover coin.

The obverse carries the fourth portrait of Elizabeth II, by Ian Rank-Broadley. Because the reverse does not state a value, the obverse legend includes the denomination: ELIZABETH II D G REG FID DEF TWO POUNDS 2012. The coin has a nickel-brass outer ring and a cupro-nickel centre.

More 2 Pounds coins from nearby years

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