Very Rare: fewer than 100,000 minted. Sells occasionally: 11 verified sales in the last 12 months.
2 Pounds - Elizabeth II XIII Commonwealth Games Silver (1986)
Circulating version: 1986 2 Pounds - Elizabeth II – XIII Commonwealth Games
| Country | United Kingdom |
| Year | 1986 |
| Denomination | 2 Pounds |
| Face value | £2 |
| Mintage | 58,881 |
| Mint | Royal Mint · Llantrisant |
| Series | Commonwealth Games |
| Circulation | Non-circulating |
| Composition | Silver (.500) (500/1000 fine) |
| Weight | 15.980g · 0.2569 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.
St Andrew's cross surmounted by the thistle of Scotland below date.
Silver £2 market value
Find this on eBay
AffiliateSilver £2 price history
Daily limit reachedSilver £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 | £26.69 🔒 eBay | £27.35 | – | £15.00 – £39.99 | 10 | 10 | 16-10-2026 | |
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| VF | £34.38 🔒 eBay | £34.38 (1) | – | £34.38 – £34.38 | 1 | 1 | 02-10-2026 | |
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About the 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver
The 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver is a collector 2 pounds coin in the Commonwealth Games series, struck in 50% silver. It weighs 15.98g and measures 28.4mm across. Reverse design: St Andrew's cross surmounted by the thistle of Scotland below date.
58,881 were struck.
Common questions
How much is the 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver worth?
Verified sold prices for the 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver run from £27.35 to £34.38 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 £10.29 at today's spot price, which puts a floor under its value.
How is the 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver different from the circulating coin?
This is a collector version of the 1986 2 Pounds - Elizabeth II – XIII Commonwealth Games, not the coin found in change. It is struck in 50% silver rather than nickel.
How do I identify the 1986 2 Pounds - Elizabeth II XIII Commonwealth Games – Silver?
Check the weight 15.98g and diameter 28.4mm and the metal (50% 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 – XIII Commonwealth Games. The history below is that coin's; the mintage, varieties and collecting notes on its page do not apply to this strike.
The first UK £2 coin was struck in 1986 for the XIII Commonwealth Games, held in Edinburgh that year. The Royal Mint describes it as the first time a sporting event had been commemorated on UK coinage. It was not a general circulation coin: the Mint says the single-metal £2 coins issued from 1986 to 1996 were made to mark special occasions, and the bimetallic £2 used today was not struck until 1997.
A royal proclamation of 18 December 1985 authorised the coin in gold, silver and nickel brass, and made the nickel-brass version current and legal tender for any amount. The Royal Mint's figures give 8,212,184 struck to circulating standard, the highest total for any of the seven single-metal £2 designs.
The reverse is by Norman Sillman. The proclamation describes it as a St Andrew's cross surmounted by a crown of laurel, with a thistle of Scotland over all and the date 1986. The cross and thistle represent Scotland, the host nation.
The obverse has the portrait of Elizabeth II by Raphael Maklouf, with the legend ELIZABETH II DEI GRATIA REGINA F D and TWO POUNDS below. The edge is milled and carries the incuse words XIII COMMONWEALTH GAMES SCOTLAND 1986, followed by the Llantrisant mint mark.
The coin is nickel brass throughout. It has the same 28.4mm diameter as the later bimetallic £2 but is much heavier, with a standard weight of 15.976g against 12g.
Sources
- Two Pound Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)
- Decimal Two Pounds, Coins of England and Great Britain (Tony Clayton) (read 9 Oct 2026)
- Commemorative £2 coins struck to circulating standard, 1986-96 (archived copy of 15 March 2012), The Royal Mint, via the Internet Archive (read 9 Oct 2026)
- Proclamation determining the specifications and design for two pound coins commemorating the XIII Commonwealth Games (London Gazette, issue 50357, page 18122, 27 December 1985), The Gazette (read 9 Oct 2026)
- How can I dispose of commemorative £2 coins?, The Royal Mint (read 9 Oct 2026)
- UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
- The History of the £2 Coin, The Royal Mint (read 9 Oct 2026)
- Single Metal Two Pound Coins 1986-1996, Check Your Change (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)
- 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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