The standard British decimal two pence coin (2p) is worth £0.02 (two pence).
However, some 2p coins can be worth significantly more to collectors, particularly those with errors or specific dates:
- 1983 “New Pence” error: 2p coins issued between 1971 and 1981 had the words “NEW PENCE” on the reverse. In 1982, this was changed to “TWO PENCE”. A small number of 1983 2p coins were mistakenly struck with the “NEW PENCE” wording, making them rare and valuable. These were originally included in special collector sets and not released into general circulation. An uncirculated 1983 “New Pence” error coin could be worth hundreds of pounds.
- Other error coins: Other minting errors can also increase a coin’s value. For example, some 2p coins might have been struck on incorrect planchets (the blank metal discs used to make coins), like the 1992 2p struck on a 1p planchet . In another case, [www.msn.com reports] a rare error of a 2p coin being struck in silver instead of the usual nickel could make it worth over £1,000.
- Rare Dates and Designs: While most modern 2p coins are not valuable, certain dates may be rarer than others. For example, 2p coins with a plain edge and certain designs on the reverse might be worth more than their face value.
In general, it’s best to assume that a standard 2p coin you find in circulation is only worth its face value of two pence. However, if you believe you might have a rare or error coin, it’s worth getting it checked by a reputable coin dealer or numismatist.
Are any 2 pence coins valuable?
I can help with that. Since there are relatively few coins with the date 1983 and the inscription ‘NEW PENCE’ in circulation, they may well have a value higher than face value to a collector. The Royal Mint is, however, unable to comment on the value of any individual coin and we would recommend that you should consult a coin dealer.
What pence coins are worth money?
Thanks for asking. Valuable pennies include rare key dates, error coins, and those with high silver or copper content. The 1909-S VDB Lincoln cent is one of the most valuable, often worth thousands of dollars due to its low mintage.
Are 2 pence coins still valid?
I can help with that. For example, 1p and 2p coins only count as legal tender for any amount up to 20p.