2 Pounds - Elizabeth II Princess Margaret

Issuer British Indian Ocean Territory
Year 2012
Type Non-circulating coin
Value 2 Pounds
Currency Pound sterling (2008-date)
Composition Copper-nickel
Weight 28.28 g
Diameter 38.61 mm
Thickness
Shape Round
Technique Milled
Orientation Medal alignment ↑↑
Engraver(s) Ian Rank-Broadley
In circulation to
Reference(s) KM#6
Obverse description Double Effigies: Queen Elizabeth II with crown and as a younger woman.
Obverse script Latin
Obverse lettering ELIZABETH II • 2012 • BRITISH INDIAN OCEAN TERRITORY •
Reverse description Design features a portrait of Her Majesty Queen Elizabeth II and Princess Margaret as children on a rocking horse.
Reverse script Latin
Reverse lettering LIFE OF QUEEN ELIZABETH II £2 PM
Edge Reeded
Mint (PM)
Pobjoy Mint, Surrey, United
Kingdom (1965-2023)
Mintage 2012 PM - BU -
Numisquare ID 1627070770
Additional information

Historical Context: This 2012 two-pound coin from the British Indian Ocean Territory commemorates Princess Margaret, Countess of Snowdon, younger sister of Queen Elizabeth II. Issued during Elizabeth II's Diamond Jubilee year, it reflects a period of royal celebration and remembrance. Though Princess Margaret passed in 2002, this issue serves as a tribute to her life and enduring role within the British Royal Family, highlighting her cultural impact. Such commemoratives are typical for UK overseas territories, aligning with shared royal heritage.

Artistry: The obverse typically features Ian Rank-Broadley's acclaimed fourth effigy of Queen Elizabeth II, known for its mature and dignified portrayal. The reverse, dedicated to Princess Margaret, likely presents a finely detailed portrait, capturing her elegance and distinctive features. While the specific engraver for the reverse is often not detailed, the stylistic school is modern British commemorative numismatics, emphasizing realistic portraiture and dignified composition, characteristic of designs from the Royal Mint or associated private mints.

Technical/Grading: Struck in copper-nickel, this 28.28 gram, 38.61 mm coin possesses robust specifications. For grading, key high-points on the obverse include the Queen's hair and crown details. On the reverse, high-points would be Princess Margaret's hair, any headwear, and the definition of her facial features. A strong strike will exhibit sharp details in these areas. Lower-grade examples may show softness in high-relief areas and field marks, typical of base metal commemoratives.

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