1997 Britannia £2 Coin Found In Old Tea Caddy Worth Hundreds!
Imagine stumbling upon a coin in an old tea caddy, only to discover it’s a rare collectible worth hundreds of pounds.
This is the case with the 1997 Britannia £2 silver proof coin, a sought-after piece among numismatists and investors alike. With its limited mintage and unique design, this coin is more than just spare change—it’s a hidden treasure.
The Significance of the 1997 Britannia £2 Coin
The 1997 Britannia £2 coin holds a special place in British numismatic history:
- First Silver Britannia Coin: Introduced in 1997, it marked the beginning of the Silver Britannia series by the Royal Mint.
- Limited Mintage: Only 16,005 proof coins were issued, making it a rare find for collectors.
- Unique Design: The reverse features Britannia in a chariot, designed by Philip Nathan, symbolizing Britain’s strength and heritage.
- High Silver Purity: Struck in .958 fine silver (Britannia silver), it contains 32.45 grams of precious metal.
Detailed Specifications
| Feature | Details |
|---|---|
| Year of Issue | 1997 |
| Denomination | £2 |
| Metal Composition | .958 Fine Silver (Britannia Silver) |
| Weight | 32.45 grams |
| Diameter | 40.00 mm |
| Finish | Proof |
| Obverse Design | Queen Elizabeth II (Third Portrait) |
| Reverse Design | Britannia in a chariot by Philip Nathan |
| Mintage | 16,005 |
| Edge | Milled with inscription |
Current Market Value
As of 2025, the value of the 1997 Britannia £2 coin varies based on its condition and packaging:
- Unboxed or Loose Coins: Typically fetch between £150 to £200.
- Coins with Original Box and Certificate: Can command prices upwards of £300.
- Graded Coins (e.g., PCGS PR69): May reach values of £400 or more, depending on market demand.
Collectors value this coin not only for its silver content but also for its historical significance and rarity.
Why This Coin Is a Collector’s Dream
Several factors contribute to the desirability of the 1997 Britannia £2 coin:
- Historical Importance: Being the inaugural silver Britannia coin adds to its allure.
- Limited Availability: With a mintage of just 16,005, it’s a scarce find.
- Artistic Design: The depiction of Britannia in a chariot is unique to this year.
- Investment Potential: Its value has appreciated over time, making it a sound investment for collectors.
The discovery of a 1997 Britannia £2 silver proof coin in an old tea caddy could be more than a nostalgic find—it might be a valuable asset.
Given its limited mintage, historical significance, and increasing market value, this coin is a prized possession for collectors and investors alike.
If you come across one, consider having it appraised—you might be holding a small fortune in your hands.
FAQs
How can I verify if my coin is the 1997 Britannia £2 silver proof?
Check for the year “1997” on the coin, the depiction of Britannia in a chariot, and the .958 silver hallmark. The proof finish will have a mirror-like background with frosted details.
Where can I sell my 1997 Britannia £2 coin?
Reputable coin dealers, auction houses, and online marketplaces like eBay are common platforms. Ensure you have authentication or grading to maximize value.
Does the coin’s condition affect its value?
Absolutely. Coins in mint condition, especially those with original packaging and certification, fetch higher prices.