British Queen Elizabeth II Rare Error Two Pence Coin 1989 United Kingdom, Worth Of Britain Coin 🇬🇧

The two pence coin is currently the second lowest circulating denomination of the British (decimal) Pound Sterling, after the half penny was demonetised in 1984. It was one of three new coins introduced into general circulation on the 15 February 1971 when the United Kingdom adopted a new decimal currency system. The other two new coins were the 1/2p and 1p coins (5p, 10p and 50p had been introduced earlier).

To avoid confusion between the old and new coinage all three coins initially had the word "NEW" incorporated into the reverse design; this was later removed.

Bronze was replaced for new coins with copper-plated steel in 1992. In 2008, a new design was introduced. The original coins are still current though, and circulate in parallel with the new ones. Coins issued in 1989 have now been circulating for 34 years.

One penny and two pence coins are legal tender only up to the sum of 20p; this means that it is permissible to refuse payment of sums greater than this amount in 1p and 2p coins in order to settle a debt.

OBVERSE:
The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the "Third Portrait"). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings.

Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf).

Around, the monarch's legend and the date of issue: ELIZABETH II D · G · REG · F · D · 1989. Translated from Latin: Elizabeth the Second, by the grace of God, Queen, Defender of the Faith 1989.

Obverse Inscription ELIZABETH II D · G · REG · F · D · 1989

REVERSE:
Within a beaded circle, the Badge of the Prince of Wales: a plume of three ostrich feathers within a coronet, above the incuse German motto ICH DIEN ("I serve"). The numeral value 2 is written below the badge, and the value and denomination in words: TWO PENCE are around above.

Reverse Inscription 2 TWO PENCE

Edge Plain Edge Inscription None
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