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2 Pounds - Elizabeth II Churchill - Never Was So Much, Gold plated

Issuer Government of Gibraltar
Year 2015
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Value 2 Pounds
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Obverse script Latin
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Reverse description The reverse features a bold right-facing portrait bust of Sir Winston Churchill rendered in high relief against a darkened field, occupying the right half of the design. To the left of the portrait, the famous wartime quotation is inscribed in multiple lines across the field: NEVER WAS SO MUCH OWED BY SO MANY TO SO FEW. The name SIR WINSTON CHURCHILL arcs along the upper border in raised lettering, while the statesman's birth and death years, 1874-1965, appear along the lower arc, flanked by small decorative stops, all set within the characteristic two-tone gold-plated border.
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Issued on the 50th anniversary of Churchill's death, this piece belongs to a wave of commemorative output from Gibraltar that exploits the territory's unusual constitutional position — British enough to invoke Churchill legitimately, small enough that low mintage figures and novelty compositions move product to collectors who'd ignore the same item from a larger mint. The dual-gold plating specification, separating rose and pure gold accents, is a production choice driven entirely by the collector market rather than any numismatic tradition.

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