2 Pounds - Elizabeth II Trafalgar

Gibraltar's decision to issue Trafalgar commemoratives carried particular local weight — the battle was fought just 40 miles from the Rock, and Gibraltar itself served as the harbor where Nelson's body was returned to Britain preserved in a cask of brandy following his death on 21 October 1805. The 2005 date on early strikes marks the battle's bicentennial.

KM#1073 ran through 2011, well past the commemorative window, suggesting steady demand from both local circulation and the tourist trade the territory has always relied upon.