2 Pounds - Elizabeth II Elizabeth I

Issued to mark the 400th anniversary of the death of Elizabeth I in... no — this coin actually commemorates the queen herself, struck during a period when the Falkland Islands were producing a steady stream of royal and historical commemoratives following the 1982 conflict, which dramatically raised the islands' international profile and created a viable collector market almost overnight. The dependency leaned heavily into British historical themes throughout the 1990s as a deliberate expression of its relationship with the Crown.

KM#56 was struck by the Pobjoy Mint, which held the contract for Falkland Islands commemorative coinage during this period.