2 Pounds - Elizabeth II Olympic Handover, Silver Piedfort

The Olympic Handover piedfort commemorates the moment at the 2008 Beijing closing ceremony when the Olympic flag was passed to London's then-Mayor Boris Johnson — an exchange that formally began the four-year countdown to the 2012 Games. Piedforts, struck at twice the normal flan thickness, have been a Royal Mint specialty since their modern revival in 1982 and carry no circulation function whatsoever; they exist entirely for the collector market.

Spink reference LO32 places this within the London Olympics commemorative series, one of the most extensive coin programs the Royal Mint had undertaken to that point — over 29 designs across multiple metals and formats.