1994 Gold 2 Pound Coin – Bank of England 300th Anniversary & Mule


The 1994 Gold 2 Pound Coin - Bank of England 300th Anniversary

The 1994 gold proof two pounds piece was issued by the Royal Mint to commemorate the 300th anniversary of the Bank of England.

Designed by Leslie Durbin, the reverse shows the Bank's original Corporate Seal, with Crown and Cyphers of King William III and Queen Mary II.

Queen Elizabeth II's third portrait can be seen on the obverse of the coin, designed by Raphael Maklouf. However, the 'Mule' variety features a slightly different obverse design compared to the rest of the issue.

The Royal Mint unintentionally struck a number of pieces using the die for double sovereigns. The main difference between the two dies being the double sovereign die does not include the denomination 'Two Pounds' (You can see on the picture of the obverse the words 'Two Pounds' are not present).

In 1994, the Royal Mint wrote to retail customers explaining the error, inviting them to return any error coins for replacement with an example featuring the correct design. It is not known how many people did this, or how many error examples were produced.



The overall mintage for the 1994 gold proof two pounds is 1,000. Mintage estimates for the Mule variety alone vary from 50 pieces to 300 pieces. Either way, the error example is very rare!

The two pounds piece is made of solid 22 carat gold (Gold Fineness of 0.916), and weighs 15.98 grams. It has a diameter of 28.40mm.

The coin would have been housed in its original Royal Mint acrylic screw top capsule, presented in its Royal Mint green leatherette case, accompanied with an individually numbered certificate of authenticity.
 
Mintage: 1,000 (may include coins in sets)
Minted at The Royal Mint
Minted in 1994. See Coins and Events of 1994
Monarch/Ruler: Elizabeth II (1952-2022)
Category: Gold 2 Pound Coins. See more Gold 2 Pound Coins coins
Country of Origin: United Kingdom
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1694 - 1994 Bank Of England All Gold £2 Coin 2 Pounds Uncirculated Coin BUNC
1694 - 1994 Bank Of England All Gold £2 Coin 2 Pounds Uncirculated Coin BUNC
£ 14.01
1994 Gold Proof Two Pounds Bank of England Guinea £2 - PR69
1994 Gold Proof Two Pounds Bank of England Guinea £2 - PR69
£ 3,066.69
1986 2 pound coin RARE. GOLD. OBSOLETE.  Elizebeth Gratia Regina.
1986 2 pound coin RARE. GOLD. OBSOLETE. Elizebeth Gratia Regina.
£ 2,495.50
1986 £2 Commonwealth Games Gold Two Pound Coin Circ HarderYr Nickel Brass Sp#K1
1986 £2 Commonwealth Games Gold Two Pound Coin Circ HarderYr Nickel Brass Sp#K1
£ 31.90
2006 2-Pound Gold Coin Rare Collectible In good condition
2006 2-Pound Gold Coin Rare Collectible In good condition
£ 31.90
Guernsey 1994 Gold 1/2 oz 50 Pounds NGC PF69UC Normandy Invasion 50thAnniversary
Guernsey 1994 Gold 1/2 oz 50 Pounds NGC PF69UC Normandy Invasion 50thAnniversary
£ 2,266.72
1994 £2 Two Pound Proof Gold Coin (Double Sovereign)
1994 £2 Two Pound Proof Gold Coin (Double Sovereign)
£ 2,247.15

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