2 Pounds - Elizabeth II Technology; Silver Proof obverse
Obverse
2 Pounds - Elizabeth II Technology; Silver Proof reverse
Reverse
Very Rare ⚖ Sells occasionally

Very Rare: fewer than 100,000 minted. Sells occasionally: 9 verified sales in the last 12 months.

2 Pounds - Elizabeth II Technology Silver Proof (1998–2015)

CountryUK Year1998–2015 Denom2 Pounds Mintage19,978 MintRoyal Mint MetalSilver (.925) Melt £14.25
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
Year1998–2015
Denomination2 Pounds
Face value£2
Mintage19,978
MintRoyal Mint · Llantrisant
SeriesTechnology £2 (Definitive)
CirculationNon-circulating
CompositionSilver (.925) (925/1000 fine)
Weight12.000g · 0.3569 t oz
Diameter28.4mm
Thickness2.50mm
ShapeRound
EdgeMilled with incuse lettering
OrientationMedal alignment ↑↑
Obv. artistIan Rank-Broadley
Rev. artistBruce Rushin
Grade scaleUK (EF/UNC)
Obverse

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

ELIZABETH·II·DEI·GRA·REG·FID·DEF · IRB

Reverse

Four concentric circles representing the Iron Age, Industrial Revolution, silicon chip and the internet.

TWO POUNDS BR 2000

Silver content
Fine troy oz 0.3569
Melt value £14.25
Premium over melt £13.75
Related guides

Silver Proof £2 market value

£28.00
Median of 8 verified PR-65 sales, the grade that sells most often. 9 sales across 2 grades.
Grade range £28 – £41
Lowest grade Highest grade
Last sale 2 months ago View price history →

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Silver Proof £2 price history

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Silver Proof £2 value by year

1998 to 2009 · median sold prices
Year Mintage Circulated Uncirculated Sales
1998 Not recorded £27.50 7
VF£12.50EF£28.00UNC£95.00
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2009 Not recorded £34.05 (2) 2
VF£12.50EF£28.00UNC£95.00
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One row for each year the 2 Pounds - Elizabeth II Technology – Silver Proof was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.

Silver 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 £39.17 🔒 eBay £28.00 – £24.99 – £52.00 8 8 26-08-2026
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PR-69 £41.04 🔒 eBay £41.04 (1) – £41.04 – £41.04 1 1 22-04-2026
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⭐ Pro: see all 9 dated sale records behind these medians, with source links and lot references.
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Pricing Data
2 grades · last updated 27 Oct 2026

About the 1998 2 Pounds - Elizabeth II Technology – Silver Proof

The 1998 2 Pounds - Elizabeth II Technology – Silver Proof is a collector 2 pounds coin issued from 1998 to 2015 in the Technology £2 (Definitive) series, struck in 92.5% silver. It weighs 12g and measures 28.4mm across. Reverse design: Four concentric circles representing the Iron Age, Industrial Revolution, silicon chip and the internet.

A mintage of 19,978 is recorded for one date of this type; figures for each year are not held.

Common questions

How much is the 1998 2 Pounds - Elizabeth II Technology – Silver Proof worth?

Verified sold prices for the 1998 2 Pounds - Elizabeth II Technology – Silver Proof run from £28.00 to £41.04 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 £14.25 at today's spot price, which puts a floor under its value.

How is the 1998 2 Pounds - Elizabeth II Technology – Silver Proof different from the circulating coin?

This is a collector version of the 1998 2 Pounds - Elizabeth II – Technology, not the coin found in change. It is struck in 92.5% silver rather than nickel.

How do I identify the 1998 2 Pounds - Elizabeth II Technology – 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 – 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 that a £2 coin should enter general circulation. The Royal Mint planned to issue a new bimetallic coin in November 1997 and struck it that year with Raphael Maklouf's portrait of the Queen, but its release was delayed until 1998. By then a new portrait by Ian Rank-Broadley had been adopted, so the 1997 coins and everything from 1998 onwards show different heads.

This entry covers the Rank-Broadley version, dated 1998 to 2015. It was the standard reverse on the £2 for 18 years, alongside the commemorative designs issued in most of them. The Royal Mint's figures give 402,411,213 struck for circulation in that time. The largest year was 1998 with 91,110,375, and the smallest were 2005 with 3,837,250 and 2012 with 3,900,000. The Royal Mint's data lists a different definitive, Britannia, from 2015.

The reverse is by Bruce Rushin, an art teacher from Norfolk, whose entry won a public competition. It is built from concentric circles that the Royal Mint describes as telling the story of technological development from the Iron Age to the Industrial Revolution, and from the Computer Age to the internet. TWO POUNDS appears above and the date below.

The edge carries the words STANDING ON THE SHOULDERS OF GIANTS, taken from a letter written in 1676 by Sir Isaac Newton to Robert Hooke. The obverse has the fourth portrait of Elizabeth II, by Ian Rank-Broadley, with the legend ELIZABETH II DEI GRA REG FID DEF. The coin has a nickel-brass outer ring and a cupro-nickel centre.

Sources

  1. UK coin mintage figures (mintages.json data file behind the Royal Mint mintage pages), The Royal Mint (read 9 Oct 2026)
  2. Two Pound Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
  3. The History of the £2 Coin, The Royal Mint (read 9 Oct 2026)
  4. The Royal Mint launches collectable £2 to celebrate 25 years of the bi-metallic coin, The Royal Mint (read 9 Oct 2026)
  5. Great Britain, proof two pounds, bimetallic issue (1998), Royal Collection Trust (read 9 Oct 2026)
  6. Two pound coin, Wikipedia (read 9 Oct 2026)
  7. Have I found a rare coin? £2 errors explained, Change Checker (read 9 Oct 2026)

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