In 1997, a new type of £2 coin was introduced featuring an innovative bi-metallic design. It was the first time that a bi-metallic coin was used for British coins. This silver proof piedfort coin is double the thickness and weight of the usual two pound coin.

The edge is milled and incused with the inscription:

"STANDING ON THE SHOULDERS OF GIANTS"

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Obverse

The obverse bears the fourth definitive UK coin portrait of Queen Elizabeth II designed by Ian Rank Broadley, FRBS, FSNAD, whose initials IRB appear under the head.

Reverse

The intricate reverse design comprises four quite different, but complementary, concentric circles radiating outwards from the heart of the coin, and embodies mankind's extraordinary drive, determination and creative genius.

Representing the Iron Age, the inner disc carries the latent feature which, when the coin is tilted, changes the design of the metalwork pattern from a series of four separate whorls into a pattern featuring eight inter-twined whorls.

The first ring, with its arrangement of cogs, gears and wheels, represents the explosion of industrial development which is now referred to as the Industrial Revolution.

Symbolising the computer age, the final cupro-nickel ring is adorned with a pattern derived from a silicon chip, while the outer ring of nickel-brass, with its inter-connecting web of lines, represents the age of the Internet and the information superhighway.

With its continuing outward movement, the design of the 1997 £2 coin skilfully unites both past and present, and alludes to the possibilities the future may hold.

Specification

Metal	Silver
Weight / Size	Piedfort
Silver Weight Troy Ounces	0.714
Fineness / Carat	0.925 Sterling
Mintage Figure	10,000
Date	1997
Obverse Designer	Raphael Maklouf
Reverse Designer	Bruce Rushin
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.

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