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Is This 1998 Two Pound Coin A Fake?

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Author Previous TopicReplies: 13 / Views: 804Next Topic  
New Member

United Kingdom
3 Posts
 Posted 01/24/2024  09:10 am Show Profile   Bookmark this topic Add fac13 to your friends list Get a Link to this Message Number of Subscribers
I have what appears to be a 1998 two pound coin, in very poor circulated condition. I'm pretty sure it's a fake.

It was among the effects of somebody who recently died.

For a start, it's mono-metallic, and there is a lack of detail in the Queen's portrait: -





It weighs 13.2g

At first I thought it was silver, it was well oxidised when I found it, and it cleaned up well with silver polish but I can't find anything that was minted that matches. Whatever the metal is, it's very soft.

I'm beginning to think it's simply a fake. What do you think?
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John1's Avatar
United States
56855 Posts
 Posted 01/24/2024  09:56 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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PaddyB's Avatar
United Kingdom
930 Posts
 Posted 01/24/2024  10:38 am  Show Profile   Bookmark this reply Add PaddyB to your friends list Get a Link to this Reply

If it really is all one colour and soft metal, then it is definitely a fake. Probably a lead or pewter cast copy.
Interesting collectible but of no great value.
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jbuck's Avatar
United States
157664 Posts
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Collector28's Avatar
United Kingdom
251 Posts
 Posted 01/24/2024  12:52 pm  Show Profile   Bookmark this reply Add Collector28 to your friends list Get a Link to this Reply
Regardless of its eventual status, I'd heavily advise against polishing any coin.
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John1's Avatar
United States
56855 Posts
 Posted 01/24/2024  1:22 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Could it be an annealing issue?
John1
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
New Member
United Kingdom
3 Posts
 Posted 01/24/2024  2:43 pm  Show Profile   Bookmark this reply Add fac13 to your friends list Get a Link to this Reply
Thank you @PaddyB for confirming it's very likely counterfeit.

Also, thank you @John1. Please can you tell me how an annealing problem could result in a two-pound coin which looks like this?
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John1's Avatar
United States
56855 Posts
 Posted 01/24/2024  3:16 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
( I'm no pro, it's just my humble opinion )
Searched 6.5 +/- Million Cents Since 1971
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NumisRob's Avatar
United Kingdom
16074 Posts
 Posted 01/24/2024  4:03 pm  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Hello fac13 and

I suggest you look at the Fake Coin Database and see if any of the £2 coins march yours.
http://www.thefakepoundcoindatabase...opounds.html
Is it magnetic? I've found three fake £2 coins in circulation and they were all magnetic.
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Anaximander's Avatar
United Kingdom
709 Posts
 Posted 01/24/2024  4:12 pm  Show Profile   Bookmark this reply Add Anaximander to your friends list Get a Link to this Reply
Welcome.

Just above the "1998" on the reverse, it appears that where there would be a tight groove between the two parts of a genuine coin is here filled in solid. Is this the case? If so, then this whole coin is just a single piece of metal and so a fake.
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Sap's Avatar
Australia
16181 Posts
 Posted 01/24/2024  5:11 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Absolutely 100% fake.

It probably originally came with some sort of paint or coating over the outer ring, to make it look more realistic.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Coinfrog's Avatar
United States
94367 Posts
 Posted 01/24/2024  5:32 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply




to the CCF!
Valued Member
United Kingdom
324 Posts
 Posted 01/25/2024  02:38 am  Show Profile   Bookmark this reply Add Spyro to your friends list Get a Link to this Reply
Definitely a fake. The edge lettering is crude, as is the micro-pattern in the centre of the reverse, which should only be barely visible even under good light. I've got one or two in my collection which I might put pics up of a bit later on. The fake old one pound coins were even worse! Welcome, and have fun!
New Member
United Kingdom
3 Posts
 Posted 01/25/2024  06:39 am  Show Profile   Bookmark this reply Add fac13 to your friends list Get a Link to this Reply
Thank you all, I'm now quite sure it's a fake, but to answer the questions: -

It's not magnetic.

The groove width varies slightly around the circumference on both sides, and in places on the obverse the beading (?) is missing.

I suspect that, yes, it would have originally been painted, but that somebody cleaned it off, or it simply wore off, before it came into my hands.

I have a small collection of 50p £1 and £2 coins which I have kept when I've found them in my change, so I'll keep this one with them. My wife threatens to do as John Peel's wife apparently did and put them towards my funeral, so I'll make sure to clearly label it as a fake.

Thank you all for your help.
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