Elite: fewer than 10,000 minted. Rarely sells: 1 verified sales in the last 12 months.
2 Pounds - Elizabeth II Technology Gold Proof (1997)
Circulating version: 1997 2 Pounds - Elizabeth II – Technology
| Country | United Kingdom |
| Year | 1997 |
| Denomination | 2 Pounds |
| Face value | £2 |
| Mintage | 2,482 |
| Mint | Royal Mint · Llantrisant |
| Series | Technology £2 (Definitive) |
| Circulation | Non-circulating |
| Composition | Gold (.9167) (917/1000 fine) |
| Weight | 15.970g · 0.4707 t oz |
| Diameter | 28.4mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Grade scale | UK (EF/UNC) |
Third crowned portrait of Queen Elizabeth II right, wearing the George IV State Diadem, legend around.
Four concentric circles representing the Iron Age, Industrial Revolution, silicon chip and the internet.
Gold Proof £2 market value
Find this on eBay
AffiliateGold 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 | |
|---|---|---|---|---|---|---|---|---|
| BU | £1,150.00 🔒 | £1,150.00 (1) | – | £1,150.00 – £1,150.00 | 0 | 1 | 17-06-2025 | |
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| PR-69 | £1,650.00 🔒 | £975.00 | – | £840.00 – £1,650.00 | 1 | 5 | 20-01-2026 | |
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| PR-70 | £800.00 🔒 | £862.50 (2) | – | £800.00 – £925.00 | 0 | 2 | 26-06-2024 | |
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About the 1997 2 Pounds - Elizabeth II Technology – Gold Proof
The 1997 2 Pounds - Elizabeth II Technology – Gold Proof is a collector 2 pounds coin in the Technology £2 (Definitive) series, struck in 91.67% gold. It weighs 15.97g and measures 28.4mm across. Reverse design: Four concentric circles representing the Iron Age, Industrial Revolution, silicon chip and the internet.
2,482 were struck.
Common questions
How much is the 1997 2 Pounds - Elizabeth II Technology – Gold Proof worth?
Verified sold prices for the 1997 2 Pounds - Elizabeth II Technology – Gold Proof run from £863 to £1,150 across 3 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 about £1,415 at today's spot price, which puts a floor under its value.
How is the 1997 2 Pounds - Elizabeth II Technology – Gold Proof different from the circulating coin?
This is a collector version of the 1997 2 Pounds - Elizabeth II – Technology, not the coin found in change. At 15.97g 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 1997 2 Pounds - Elizabeth II Technology – Gold Proof?
Check the weight 15.97g 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 – Technology. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.
A 1994 review of the coinage recommended a £2 coin for everyday use, and after consultation the Royal Mint settled on a bimetallic piece that would be easy to tell apart from other coins. It was planned for issue in November 1997 and was struck that year with Raphael Maklouf's portrait of the Queen. The launch was then postponed.
When the coin finally entered general circulation in June 1998, a new portrait by Ian Rank-Broadley had been approved for all circulating coins. The Royal Mint says the 1997-dated stock was released at the same time as the new 1998 coins, which is why two different heads appeared in change together. The Mint's figures record 13,734,625 dated 1997, against 91,110,375 dated 1998.
The reverse is by Bruce Rushin, a Norfolk art teacher who won a public competition. Four concentric circles trace technological progress from the Iron Age to the Industrial Revolution, the computer age and the internet, with TWO POUNDS above and the date below. The milled edge carries the incuse words STANDING ON THE SHOULDERS OF GIANTS, taken from a letter written in 1676 by Sir Isaac Newton to Robert Hooke.
The obverse is what sets this date apart. It has the Maklouf portrait, in which the Queen wears a necklace, and Tony Clayton's reference gives the legend as ELIZABETH II DEI GRATIA REGINA F D. Every later Technology coin has the Rank-Broadley head. The coin has a nickel-brass outer ring and a cupro-nickel centre and weighs 12g.
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)
- The History of the £2 Coin, The Royal Mint (read 9 Oct 2026)
- I have a £2 coin with a portrait of the Queen wearing a necklace. Is this rare or valuable?, The Royal Mint (read 9 Oct 2026)
- Proclamation altering the proclamation of 19 December 1996 determining a new inscription for two-pound coins (Edinburgh Gazette, issue 24342, page 285, 6 February 1998), The Gazette (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)
- Decimal Two Pounds, Coins of England and Great Britain (Tony Clayton) (read 9 Oct 2026)
- Always 'Pemember' the facts about rare £2 coins, Change Checker (read 9 Oct 2026)
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