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2 Dollars - Elizabeth II 3rd portrait

Issuer Hong Kong
Year 1985-1992
Type Standard circulation coin
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Obverse description Third-portrait crowned effigy of Queen Elizabeth II facing right, as modelled by Raphael David Maklouf, wearing the George IV State Diadem and drop earring, with a draped neckline. The legend QUEEN ELIZABETH THE SECOND curves along the upper periphery of the scalloped flan. The portrait is rendered in fine relief against a flat field, characteristic of Maklouf's mature style adopted across Commonwealth coinage from 1985.
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Edge Smooth
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Additional information

Hong Kong's currency in this period occupied an awkward political space — the 1984 Sino-British Joint Declaration had already sealed the colony's 1997 handover, meaning every coin struck from 1985 onward was produced under a government that knew its own expiration date. The Royal Mint continued supplying the series regardless, though production responsibilities would later shift to local arrangements ahead of the transition.

The third portrait by Raphael Maklouf, introduced across Commonwealth territories from 1985, was itself a politically managed image — deliberately more regal and stylized than its predecessor, a conscious choice as decolonization pressures mounted globally.

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