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Ounce Gram
Gold £1425.44 £45.829
Silver £14.437 £0.4642

Updated 17:30 02/07/20

£ $

1986 £2 Two Pound Proof Gold Coin: Commonwealth Games Boxed


Manufacturer: Royal Mint

Royal Mint

Weight (grams): 15.98

Pure gold content (grams): 14.63

Fineness: 916.7

Dimensions: 28.4mm diameter x 2mm thickness

Stock: In Stock

QTY Net Per Unit VAT Per Unit Gross Per Unit
1+ £1,038 £0.00 £1,038
£1,038

The Two Pound Gold Coin - sometimes referred to as the Double Sovereign - contains 14.63 grams of gold. Due to their status as British Legal tender they are Capital Gains Tax Free (CGT Exempt), so they are a good choice for British investors.

1986 was the first year that a different design featured on the two pound coin. In addition, this is also the first commemorative coin in the UK to feature a sporting event - the eighth Commonwealth Games. The design features a Scottish Thistle superimposed on the St Andrew's Cross. Please note, there is slight wear on this certificate, but the coin itself is in perfect condition.

We are often asked "Is the £2 coin in my change made of Gold?" -the answer is almost always "No".  Versions of this coin were released in base metal and are circulating fairly commonly.  As shown in the final picture - there are some fairly obvious differences between the Gold and base metal versions.  If your coin is thicker than the current bi-metal £2 then it is not Gold.  If it's a similar thickness to a 10p coin - then it could be Gold and worth significantly more than it's face value.

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