Two Pounds History

The first double sovereign (£2 coin), was issued in 1820 for George III, and is considered by some to be be a pattern coin. Under George IV, another gold two pound issue was made in 1823, and this included proof and circulation issues. In 1824, 1825, and 1826, more were issued, but only as proofs, The Coronation of William IV in 1831 saw another gold two pound proof being issued, but only as part of a 14 coin proof set. No gold two pounds were issued in the early part of Queen Victoria's reign, but for her Golden Jubilee in 1887, proof and circulation versions were issued, and this was repeated in 1893 with the introduction of her "Old Head coinage. The Coronation of Edward VII in 1902 saw the last time, and only the fourth time, that a gold two pound coin was issued for circulation; proofs were also issued in complete 13 coin sets. In 1911 and 1937, for the Coronations of George V and George VI, proof gold two pounds were also issued as part of sets.

In 1953, for the Coronation of Elizabeth II, a very small number of gold proof sets, including two pounds, are known to have been produced, but these were never made generally available, and we believe none have ever appeared on the open market. If we ignore this last coin, there are a total of 11 different dates of gold two pounds issued between 1820 and 1979, of which 4 dates were produced in circulation versions and quantities. From 1980, the Royal Mint began actively producing and marketing coins for collectors, and this has included gold two pounds.

Obverse

The third (decimal) portrait of Queen Elizabeth II facing right, designed by Raphael Maklouf. The initials 'RDM' can be found in the truncation. To ensure there was no confusion between "Royal Mint" and "Raphael Maklouf", the artist included his middle name, David, in the initials.

Reverse

The world famous portrayal of St. George, on horseback, killing a dragon. There is no legend (inscription). The date 1993 appears in the exergue, and the initials B.P. also appear at the right of the exergue. These are the initials of Benedetto Pistrucci, who originally engraved the design for medals, and the first modern sovereigns of 1817.

Specification

Metal	Gold
Weight / Size	Double
Gold Weight Troy Ounces	0.471
Fineness / Carat	0.917 / 22
Issue Limit	414
Date	1993
Obverse Designer	Raphael Maklouf
Reverse Designer	Benedetto Pistrucci
Issuing Monarch	Elizabeth II (1952-2022)
Mint / Brand	The Royal Mint
Country	United Kingdom

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6.

Orders under £60

Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.

Orders under £1500 there is no additional fee.
Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee.

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.

andy t

“Great quality,helpful great comms love dealing with them. Well packaged too”

3 days ago

Paul Jackson

“by far the best people to do business with ”

Mr Kevin Wetherell

“Simple to use website and a prompt efficient service.”

4 days ago

Dean

“Safe, reliable, competitive, great communication and a family business. ”

Stephensavage

“Ease of clear updates and ease of ordering. A really good website.”

Julian

“Dispatched and email updates as you'd expect. ”

Arbuthnot the Barbarian

“Great service again from Chards 👍🏻”

MR W HANKS

“Great service. Thank you. ”

Neil

“Brilliant sold and bought multiple items of gold . ”

Charles C

“Good service, accurate and fast.”

1993 Gold Proof Double Sovereign