Elite: fewer than 10,000 minted. Rarely sells: 1 verified sales in the last 12 months.
2 Pounds - Elizabeth II Steam Locomotive Gold Proof (2004)
Circulating version: 2004 2 Pounds - Elizabeth II – Steam Locomotive
| Country | United Kingdom |
| Year | 2004 |
| Denomination | 2 Pounds |
| Face value | £2 |
| Mintage | 1,500 |
| Mint | Royal Mint · Llantrisant |
| Circulation | Non-circulating |
| Composition | Bimetallic: gold center in gold ring (yellow gold and red gold) |
| Weight | 15.980g |
| Diameter | 28.4mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Grade scale | UK (EF/UNC) |
Fourth crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.
Image of Trevithick's locomotive Penydarren surrounded by a cog representing the industrial revolution, legend around
Gold Proof £2 market value
Find this on eBay
AffiliateGold Proof £2 price history
Daily limit reachedGold 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 | |
|---|---|---|---|---|---|---|---|---|
| FDC | £800.00 🔒 | £800.00 (1) | – | £800.00 – £800.00 | 0 | 1 | 01-09-2024 | |
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| BU | £1,050.00 🔒 | £1,050.00 (1) | – | £1,050.00 – £1,050.00 | 0 | 1 | 04-03-2025 | |
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| PR-65 | £1,644.90 🔒 eBay | £1,644.90 (1) | – | £1,644.90 – £1,644.90 | 1 | 1 | 26-08-2026 | |
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| PR-69 | £925.00 🔒 | £925.00 (1) | – | £925.00 – £925.00 | 0 | 1 | 27-11-2024 | |
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| PR-70 | £800.00 🔒 | £800.00 (1) | – | £800.00 – £800.00 | 0 | 1 | 26-06-2024 | |
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About the 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof
The 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof is a collector 2 pounds coin, struck in bimetallic: gold center in gold ring (yellow gold and red gold). It weighs 15.98g and measures 28.4mm across. Reverse design: Image of Trevithick's locomotive Penydarren surrounded by a cog representing the industrial revolution, legend around.
1,500 were struck.
Common questions
How much is the 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof worth?
Verified sold prices for the 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof run from £800 to £1,645 across 5 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its gold content is worth up to £1,539 at today's spot price, which puts a floor under its value.
How is the 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof different from the circulating coin?
This is a collector version of the 2004 2 Pounds - Elizabeth II – Steam Locomotive, not the coin found in change. At 15.98g of bimetallic: gold center in gold ring (yellow gold and red gold) it is heavier than the 12g nickel circulating coin, so weighing it is the quickest check.
How do I identify the 2004 2 Pounds - Elizabeth II Steam Locomotive – Gold Proof?
Check the weight 15.98g and diameter 28.4mm and the metal (bimetallic: gold center in gold ring (yellow gold and red 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 – Steam Locomotive. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.
The 2004 Trevithick £2 marks the two-hundredth anniversary of the first steam locomotive. The Royal Mint's account is that in February 1804 the Cornish engineer Richard Trevithick made the first successful railway journey, in South Wales, when his Penydarren locomotive hauled ten tons of iron, seventy passengers and five wagons over nine miles. The coin was authorised by a royal proclamation given on 8 October 2003.
The Royal Mint's figures record 5,004,500 struck for circulation, all dated 2004, alongside 11,981,500 standard Technology £2 coins of the same date. Among the 35 commemorative £2 designs in the Mint's circulating figures, 23 have lower mintages, so this is one of the more plentiful ones.
The reverse is by Robert Lowe, described by the Royal Mint as one of its engravers. It shows a locomotive engine with the words TWO POUNDS above it, the whole set inside a cog wheel. Around the outside runs the circumscription R. TREVITHICK 1804 INVENTION INDUSTRY PROGRESS 2004.
The edge is the unusual feature. It has no words: the proclamation specifies graining with an incuse arched railway line motif. The obverse carries the fourth coinage portrait of Elizabeth II, by Ian Rank-Broadley, with the legend ELIZABETH II DEI GRA REG FID DEF. The outer ring is nickel-brass and the centre cupro-nickel.
Sources
- UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
- £2 Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
- 2004 Elizabeth II 'The 200th Anniversary of the First Steam Locomotive by Richard Trevithick' £2 Coin, The Royal Mint (read 9 Oct 2026)
- Proclamation determining the specifications and design for two-pound coins commemorating the two-hundredth anniversary of the first steam-powered locomotive (London Gazette issue 57079, 9 October 2003, page 12485), The London Gazette (read 9 Oct 2026)
- 2004 Two Pounds, Check Your Change (read 9 Oct 2026)
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