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The Independent

Royal Mint launches collectable £2 to rejoice 25 years of the bi-metallic coin

A brand new collectable £2 coin bearing the identical design as the primary model of the coin designed 25 years in the past has been unveiled by the Royal Mint.

Artist Bruce Rushin, who created the 1997 bi-metallic design, visited the Mint to rejoice the launch of the brand new model.

He mentioned: “It was an astonishing feeling when my design was chosen to seem on the primary ever UK £2 coin.

“Twenty-five years later, it’s an honour to have my design characteristic as soon as once more on the collectable £2 coin celebrating its anniversary.

“Visiting the Royal Mint to see the cash being struck has been fascinating. Having the ability to see the extent of ability and craftsmanship that goes into making a collectable coin today was very particular.

“When in comparison with how the £2 coin was first produced, it reveals simply how a lot the know-how has developed and was an actual eye-opener for me.”

The necessity for a £2 coin emerged after a overview of UK coinage in 1994.

A session course of came about and opinion favoured a two-coloured coin, which might be simply distinguishable from others in circulation.

Mr Rushin was the successful artist in a contest to design the brand new coin.

Impressed by the historical past of technological achievement, Mr Rushin’s 1997 design options 4 concentric circles, depicting industrial and technological progress from the Iron Age to the web.

The design options on circulating £2 cash dated 1997 to 2015. It has been launched for the brand new commemorative version and enhanced with particular options.

A latent characteristic has been added to the design to disclose the quantity “25” inside the central cog when it catches the sunshine.

We’re delighted to be celebrating this event with a brand new collectable £2 coin bearing the identical design that first appeared in folks’s change

Rebecca Morgan, the Royal Mint

The Mint additionally mentioned that state-of-the-art laser know-how has been used to realize a sharper element than the milling machine utilized in 1997.

Struck for the 2022 anniversary, the commemorative version bears the fifth coinage portrait of Queen Elizabeth II on the obverse facet of the coin.

The Mint mentioned that is the primary time within the historical past of the £2 coin that the portrait by Jody Clark options on the alternative facet of the design.

The Royal Mint has dedicated to releasing cash dated 2022 bearing the Queen’s portrait to make sure a sustainable transition to coinage that includes the King.

The obverse facet of the anniversary coin additionally options an “iron age” privy mark to the underside of the portrait of the Queen.

As with the 1997 design, the coin options the sting inscription “standing on the shoulders of giants”, taken from a letter written in 1676 by Sir Isaac Newton.

Because it was first struck 25 years in the past, the bi-metallic £2 is the most important circulating coin denomination within the UK, that includes greater than 50 distinctive designs commemorating vital scientific, technological, sporting, and literary achievements.

Rebecca Morgan, director of collector providers on the Royal Mint, mentioned: “It has been 25 years for the reason that UK £2 coin was first struck for circulation, we’re delighted to be celebrating this event with a brand new collectable £2 coin bearing the identical design that first appeared in folks’s change.

“As the most important denomination in circulation, the £2 coin has change into a favoured piece amongst collectors, commemorating milestone anniversaries and occasions all through the UK’s historical past.”

Costs for the anniversary version of the £2 coin vary from £12 for an excellent uncirculated model to £1,225 for a gold coin.

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