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2 Crowns - Elizabeth II Half Crown

Issuer Gibraltar
Year 2021
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Weight 8 g
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Obverse script Latin
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Reverse description Central depiction of the Royal Arms as used on the British Half Crown from 1953 to 1967, featuring the quartered shield of England, Scotland, and Ireland surmounted by an imperial crown, flanked by the royal cypher ER to either side. A decorative inner border separates the central device from the surrounding legend. The circumferential inscription BRITAIN'S LAST PRE-DECIMAL COINAGE arcs above, with FID · DEF flanking the crown, and a ribbon cartouche bearing HALF CROWN positioned below the shield. The commemorative dates 1971 - 2021 and the £SD designation appear in the lower field, marking the fiftieth anniversary of decimalisation.
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Gibraltar has issued commemorative gold in its own name since the 1970s, exploiting its status as a British Overseas Territory to produce coinage technically outside Royal Mint jurisdiction. The "2 Crowns" denomination is a Gibraltar-specific construct with no historical circulation precedent — the face value is nominal, the piece exists entirely as a bullion or collector vehicle. At .375 fineness, this sits at the lower boundary of what the London market traditionally considers gold coinage, equivalent to 9-carat.

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