Rare £2 Coin Worth 17 Times More: What to Look For

Rare £2 Coin: Have you ever heard about coins that are worth more than what they show? One special £2 coin can be worth up to 17 times more if it has a specific date on it! This article explains how you can spot this valuable coin and why it’s so important to collectors.

What Makes This £2 Coin Special?

A £2 coin minted in 2007 but marked with the date 1807 is the one to look out for. This coin was made to remember the 200th anniversary of the Slave Trade Act of 1807, which banned slave trading in the British Empire.

Recent Sales

Recently, some of these rare coins have been sold on eBay for £28 and £25.74. The higher prices were because these coins are part of the Piedfort silver edition, which collectors really want. Here’s a bit more about these sales:

  • The coin that sold for £28 had 11 bids and sold on August 31.
  • The other coin sold for £25.74 after 17 bids on September 7.

Coin Details

According to the Britannia Coin Company, this £2 coin weighs 24.00 grams and is made of .925 sterling silver. It also has a band of fine gold plating around the edge, which makes it look even nicer.

Why Should You Check Your Change?

If you have this specific coin in your change, it could be worth a lot more than just £2. Collectors love rare coins, and finding one like this could mean a nice surprise for your wallet. It’s worth taking a closer look at your coins before spending them!

Conclusion

Rare £2 Coin: Collecting coins can be fun and rewarding, especially when you find a rare one. The £2 coin from 2007 with the date 1807 is an excellent example of how some coins can be much more valuable than their face value. Always check your coins for unique features or dates, as they can significantly increase in worth. Who knows? You might have a treasure hiding in your change!

Table

Here’s a table that outlines the key details and information about the rare £2 coin from 2007, including its features, value, and other relevant data.

FeatureDetails
Coin Type£2 Coin
Year of Minting2007
Commemorative Date1807 (200th anniversary of the Slave Trade Act)
Material.925 Sterling Silver (Piedfort Edition)
Weight24.00 grams (heavier than regular £2 coins)
Diameter28.40 mm
Edge Inscription“Standing on the Shoulders of Giants”
Market ValueCan reach up to £28 or more (17 times face value)
Recent Auction Prices£25.74 (17 bids), £28 (11 bids)
Collector DemandHigh, especially for the Piedfort edition
Identification TipsCheck for year (2007), weight (24.00 grams), and design features

Additional Notes:

  • Rarity: This coin is considered rare due to its specific commemorative purpose and limited mintage.
  • Collector Interest: Coins from the Piedfort edition are particularly sought after by collectors for their unique design and material.
  • Spotting Fakes: Be cautious of counterfeit coins; always verify weight and design details when assessing value.

EDUCAL HOME

FAQs

What is the significance of the 2007 £2 coin?

The 2007 £2 coin commemorates the 200th anniversary of the Slave Trade Act, which abolished the transatlantic slave trade in the British Empire. It aims to honor the legacy and impact of this historic legislation.

How can I tell if my 2007 £2 coin is the Piedfort edition?

The Piedfort edition of the £2 coin is thicker and heavier than the standard version. It weighs 24.00 grams, while regular £2 coins weigh 12 grams. Additionally, the design and edge inscription, “Standing on the Shoulders of Giants,” are key features to look for.

What is the current market value of the 2007 £2 coin?

The market value of the 2007 £2 coin can vary based on its condition and demand. It can reach up to £28 or more, especially for the Piedfort edition, which is highly sought after by collectors.

Where can I sell my 2007 £2 coin if I want to?

You can sell your 2007 £2 coin through various channels, including online auction sites like eBay, coin dealers, or specialized numismatic shops. Make sure to research the current market value before selling to ensure you get a fair price.

How can I verify the authenticity of my 2007 £2 coin?

To verify the authenticity of your coin, check its weight (24.00 grams for the Piedfort edition), diameter (28.40 mm), and design details. You can also compare it with a known genuine coin or consult with a professional numismatist for a thorough assessment.

Leave a Comment