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A bi-metallic coin is a coin which is made using two distinct pieces of metal. In most cases this comprises of a metal disc surrounded by a ring of different colour alloy.

All British two pound coins minted for circulation since 1997 are bi-metallic. Since these are a current and common coin they are only really worth face value. There have been a number of commemorative two pound coins minted since 1997 but even these will not be worth much more than their face value.

Two pound coins minted before 1997, which use the same nickel-brass alloy as the standard pound coin, were never mass produced for circulation and these coins are often sold to collectors at a premium.

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Q: What is a bi-metallic two pound coin and what are they worth?
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Related questions

Are the solid two pound coins worth more then the coins with silver centre?

The unimetallic nickel/brass Two Pound coins were issued from 1986 to 1996 as a commemorative coin. They are legal tender and were never intended for circulation, but as a souvenir of the event that they commemorate. The bimetallic copper/zinc/nickel outer ring and copper/nickel centre were issued from 1997 to present as a circulating commemorative coin. Both types of Two Pound coins are worth Two Pounds if they have been circulated. As a collectable coin, there is no great difference in value between the coins of different years.


What is abimetallic coin?

A bimetallic coin has two metals, usually copper and nickel.


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When was the British Two Pound coin first issued?

The current bimetallic Two Pound coin was first issued in 1997. There was a trial Two Pound coin minted in 1994, but it was not issued for general circulation. From 1986 to 1996, there were unimetallic nickel brass Two Pound coins issued as commemoratives, but these were intended to be souvenirs rather than circulating currency. There have been Two Pound coins issued irregularly for many years. Most of these were non-circulating and issued only in Royal Mint sets. Earlier Two Pound coins were issued in gold in 1820, 1823-1826, 1831, 1887, 1893, 1902, 1911, 1936 and 1937.


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A 1889 gold 5 pound coin is worth 5 pounds of gold, while a 1889 2 pound gold coin is only worth 2 pounds of gold.


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