The 2002 Commonwealth Games Northern Ireland £2 is part of a four-coin set representing the home nations of the UK. Each design is almost identical except for the flag in the centre – this version shows the Ulster Banner. With only 485,500 struck for circulation, it is widely recognised as the rarest £2 coin in circulation.
Core specifications, mintage and value guidance for the 2002 Northern Ireland Commonwealth Games £2 coin.
| Aspect | Figure | Notes |
|---|---|---|
| Denomination | £2 (Two Pounds) | UK bi-metallic commemorative £2 coin issued for general circulation in 2002. |
| Metal, weight & diameter |
Outer ring: Nickel-brass (76% copper, 4% nickel, 20% zinc) Inner disc: Cupro-nickel (75% copper, 25% nickel) Weight: 12.00 g Diameter: 28.40 mm |
Standard modern UK £2 coin specification with a milled edge. |
| Year & event | 2002 – XVII Commonwealth Games | Commemorates the 17th Commonwealth Games, hosted by Manchester from 25 July to 4 August 2002. |
| Circulation mintage | 485,500 | Official mintage; the lowest of all UK £2 coins, making it the rarest circulating £2 by number. |
| BU mintage (reference) | ≈19,000 BU coins | Around 19,000 Brilliant Uncirculated examples sold in special sets and covers, separate from the main circulation mintage. |
| Designers |
Reverse: Matthew Bonaccorsi Obverse: Ian Rank-Broadley |
Reverse shows a stylised athlete with banner and national flag; obverse carries the fourth portrait of Queen Elizabeth II. |
| Edge inscription | SPIRIT OF FRIENDSHIP · MANCHESTER 2002 | Inscribed in incuse lettering around the milled edge, echoing the Games’ theme of friendship and unity. |
| Rarity | Rarest UK £2 in circulation | Multiple mintage lists and rarity guides rank this as the rarest circulating £2 coin, ahead of other Commonwealth Games designs and later low-mintage issues. |
| Typical value (circulated) | ≈ £30 – £60 | Recent guides and dealer prices for a normal circulated example usually fall in this range; particularly nice coins or graded pieces can fetch higher prices. |
| Typical value (BU, for comparison) | ≈ £70 – £90 | Brilliant Uncirculated examples in original presentation fetch significantly more than circulation pieces, reflecting the small BU sales figures. |
This is the flagship rarity of the entire £2 series – the coin everyone quietly checks for whenever a battered Commonwealth Games design appears in their change.