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2 Pounds - Elizabeth II Year of the Rat, 1 oz Fine Silver

Issuer The Royal Mint
Year 2020
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Technique Milled
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Obverse lettering ELIZABETH II·D·G·REG·F·D·2 POUNDS· J.C
(Translation: Elizabeth the Second by the Grace of God Queen Defender of the Faith)
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Edge Reeded
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Additional information

The Year of the Rat holds particular weight in the twelve-year lunar cycle — it is the first sign, and 2020 marked the beginning of a new full rotation. The Royal Mint has produced lunar series issues for decades, initially targeting the substantial British-Chinese collector market before the format expanded into a genuinely global secondary market. This one-ounce silver issue belongs to their Shengxiao Collection, struck in bullion grade .999 silver with a relatively modest mintage compared to equivalent Australian Lunar Series pieces from the Perth Mint — the Royal Mint has never been a high-volume bullion producer.

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