How Much Is The 2001 Marconi £2 Coin Worth?

Celebrate a huge milestone in wireless communications with a special commemorative Two-Pound coin. The 2001 Marconi £2 coin, also known as the 2001 Wireless Transmission £2 coin, was designed to celebrate 100 years of radio wave communications.

Expect to pay about £2.81 for this £2 coin commemorative that was put into circulation in 2001 in circulated condition. Like with any coin, its condition is going to be a big part of its actual worth.

Here are some important things to know about the Marconi Two-Pound coin.

How Many Marconi £2 Coins Are There?

The current British Two-Pound £2 coin was introduced in 1998 for circulation. It was a bi-metallic coin that weighed 12 grams and measured 2.84 centimetres in diameter. In addition to the standard £2 coin, several variations of the reverse design commemorate important people and events.

The Marconi special anniversary edition was the 9th commemorative £2 coin ever released and the 2nd to be released under the original commemorative Two-Pound coin design.

The Marconi £2 coin is often found as pocket change. It is fairly common and found in about one out of every 179 coins in circulation today.

This special anniversary version of the coin has a total of 4,665,113 mintage. Of these, 4,558,000 Marconi coins were released into circulation. These circulated coins are made of Cupro-nickel and Nickel-brass weighing 12.00 g with a diameter of 28.4mm with a milled inscribed edge.

57,741 were brilliant uncirculated in sets as 2001 United Kingdom Brilliant Uncirculated Coin Collection with 9 coins included, and 49,372 were proofs as Proof FDC in a 2001 United Kingdom Proof Set – Glimpses of the Victorian Era coins.

There were also a 0.925 Silver Proof FDC variety and a Silver Proof FDC with reverse frosting as well as a 0.917 Gold Proof FDC.

The Design Of The Marconi £2 Coin

The coin is part of the Two-Pound coins that were designed to commemorate a special event. It is a bi-metallic coin consisting of two different alloys. The outer ring is a Nickel-Brass, and the inner circle is Cupro-Nickel.

Every year, the £2 style was issued with several of them as a commemorative type to celebrate important people, anniversaries, or to point out parts of British history. The Marconi £2 Coin is a part of the Technology type £2 design of coins.

The reverse of the Marconi Two-Pound round coin features a design that reflects circles expanding out from the date 2001. The zeros inside the date stamp are connected with a spark and surrounded by radio waves. Four beams radiate from the 2001 date mark until they reach the outer edge of a 4-band spiral, each containing two sets of three dots representing the Morse Code letter “S”.

The centre bottom is marked with capital letters that spell out “TWO POUNDS”. The design was the work of Robert Evans whose initials are imprinted toward the bottom centre, just above the “Two Pounds” stamp.

Around the edge of the coin is an inscription. The words read, “Wireless Bridges The Atlantic Marconi 1901”. The inscription on the edge could be upside down or right side up when the coin is resting with the Obverse side up. This is not considered to be a printing mistake. The inscription is not struck in any particular way, so it is not a printing error either way.

The obverse of the coin features the Fourth Portrait of Queen Elizabeth II facing right. She is wearing the “Girls of Great Britain and Ireland” diamond tiara which was a wedding gift from Her Majesty’s grandmother, Queen Mary, in 1947. The initials IRB are present just beneath her portrait which stand for the artist Ian Rank-Broadley. Surrounding her head all around the outer circle are her legendary inscriptions of ELIZABETH II DEI GRA REG FID DEF which translates from Latin to mean Elizabeth the Second, by the Grace of God, Queen, Defender of the Faith.

What Does The Marconi £2 Coin Represent?

The 2001 Marconi coin is to commemorate the 100th anniversary of the first transatlantic wireless transmission. This important historic and technological event was the work of Marconi.

Guglielmo Marconi was an Italian inventor and electrical engineer who became known for his successful long-distance wireless radio transmission. The coin represents his successful attempt to send a wireless transmission across the Atlantic in 1901.

The communication transmission was thought to be impossible, and even crazy. After the Italian government had written his request for funding off as a lunatic with nonsensical and insane ideas, he went to Great Britain. It was from Poldhu in Cornwall that he would successfully send the letter “S” in Morse Code, consisting of three dots, to Signal Hill in St. John’s, Newfoundland.

His successful wireless transmission would be the start of communication across radio waves. His innovative ideas and inventions were intended to be used for far more than mere entertainment on the radio. His invention was lauded for saving numerous lives. He would go on to be credited for saving lives during the sinking of the Titanic and the Lusitania since it was through a radio call for help that brought rescuers to save many who would have otherwise drowned or been left for dead.

Where Can You Buy The Marconi £2 Coin?

Going online to sites like eBay is a quick and easy way to find Two-Pound coins. Just make sure you do your homework, so you are sure of exactly what you are buying.

The average selling price on eBay.co.uk is £2.81 for this specific coin. Of course, like most coins, the actual value is going to depend a lot on the condition of the coin.

Although, many love the sentiment behind these commemorative coins and put some newly minted ones aside for collecting or trading.

The Royal Mint’s Official shop can be a great place to shop for commemorative £2 coins as well.