What is a bi-metallic two pound coin and what are they worth?

Answer 1

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.