Elite: fewer than 10,000 minted. Sells occasionally: 7 verified sales in the last 12 months.
2 Pounds - Elizabeth II Olympic Handover Silver proof (2012)
Circulating version: 2012 2 Pounds - Elizabeth II – Olympic Handover
| Country | United Kingdom |
| Year | 2012 |
| Denomination | 2 Pounds |
| Face value | £2 |
| Mintage | 3,781 |
| Mint | Royal Mint · Llantrisant |
| Circulation | Non-circulating |
| Composition | Silver (.925) (925/1000 fine) |
| Weight | 12.000g · 0.3569 t oz |
| Diameter | 28.4mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Grade scale | UK (EF/UNC) |
| Tags | commemorative highly-collectable |
Fourth crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.
A baton being passed between two hands above flags of the UK and Brazil and below the London 2012 logo.
Silver proof £2 market value
Find this on eBay
AffiliateSilver 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 | |
|---|---|---|---|---|---|---|---|---|
| VF | £43.00 🔒 | £43.00 (1) | – | £43.00 – £43.00 | 0 | 1 | 08-03-2025 | |
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| PR-65 | £44.97 🔒 eBay | £39.99 | – | £29.04 – £84.95 | 7 | 8 | 04-10-2026 | |
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About the 2012 2 Pounds - Elizabeth II Olympic Handover – Silver proof
The 2012 2 Pounds - Elizabeth II Olympic Handover – Silver proof is a collector 2 pounds coin, struck in 92.5% silver. It weighs 12g and measures 28.4mm across. Reverse design: A baton being passed between two hands above flags of the UK and Brazil and below the London 2012 logo.
3,781 were struck.
Common questions
How much is the 2012 2 Pounds - Elizabeth II Olympic Handover – Silver proof worth?
Verified sold prices for the 2012 2 Pounds - Elizabeth II Olympic Handover – Silver proof run from £39.99 to £43.00 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 £14.30 at today's spot price, which puts a floor under its value.
How is the 2012 2 Pounds - Elizabeth II Olympic Handover – Silver 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. It is struck in 92.5% silver rather than nickel.
How do I identify the 2012 2 Pounds - Elizabeth II Olympic Handover – Silver proof?
Check the weight 12g and diameter 28.4mm and the metal (92.5% silver) 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.
Sources
- 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 design for two-pound coins celebrating the handover from the London to the Rio de Janeiro Olympiad in 2012 (London Gazette issue 60208, 13 July 2012), The London Gazette (read 9 Oct 2026)
- 2012 Elizabeth II 'The London 2012 Handover to Rio' £2 Coin, The Royal Mint (read 9 Oct 2026)
- The Rarest £2 Coins, The Royal Mint (read 9 Oct 2026)
- Queen Elizabeth II £2: London 2012 Handover, Change Checker (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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