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The Great Britain 2 Pounds Piedfort 1998 P#30 Technology silver coin is a significant issue in British numismatics, following the official introduction of the bi-metallic £2 coin series. Struck in sterling silver as a piedfort edition, this coin is double the thickness of the standard proof version, making it an exceptional collector’s piece. Housed in its original presentation box from The Royal Mint, this stunning coin represents a tribute to human innovation and technological advancement, which has shaped the modern era.
The £2 coin series was officially introduced in 1997 as the first circulating bi-metallic coin in the United Kingdom. The Technology design, which was first issued in 1997 and continued into 1998, celebrated the history of British technological progress and was intended to reflect the impact of science and engineering on society. The introduction of the £2 coin itself marked a significant shift in British currency, as it replaced older commemorative versions and became a standard part of circulation. The piedfort version of the 1998 Technology coin was minted in limited quantities to cater to collectors who sought an exclusive and high-quality example of the new design.
The obverse of the 1998 Technology £2 Silver Piedfort coin features the fourth definitive portrait of Queen Elizabeth II, designed by Ian Rank-Broadley. Introduced in 1998, this effigy depicts a mature and detailed representation of the Queen, wearing the Girls of Great Britain and Ireland Tiara. The surrounding inscription reads "ELIZABETH II • DEI • GRA • REG • FID • DEF • 1998," which translates to "Elizabeth II, by the Grace of God, Queen, Defender of the Faith." Rank-Broadley’s portrait was the most lifelike portrayal of the Queen to date and was used on British coinage until 2015.
The reverse of the coin, designed by artist Bruce Rushin, is an intricate and symbolic representation of technological evolution. At the center of the design is a cogwheel, representing the industrial revolution, from which lines radiate outward, symbolizing the connections between different fields of science and technology. Surrounding this are four concentric circles, each representing a different stage of human technological advancement: the Iron Age, the Industrial Revolution, the Computer Age, and the Information Age. The inscription "TWO POUNDS" is prominently displayed at the bottom, denoting the denomination of the coin.
The reverse design is particularly notable for its complexity and layered symbolism. The cogwheel at the center serves as a metaphor for mechanization and industry, while the interwoven circuitry patterns emphasize the digital era's interconnectedness. The four outer rings serve as a historical timeline, guiding the viewer through the technological advancements that have shaped modern civilization. The design successfully conveys the rapid progression of science and industry, making it one of the most conceptually rich themes ever featured on a British coin.
The 1998 Technology £2 Silver Piedfort coin was struck in sterling silver (.925 fine silver) and features a proof finish. Proof coins are crafted using highly polished dies and specially prepared planchets, resulting in a flawless finish with exceptional detail. The piedfort edition of this coin is double the thickness of the standard silver proof version, making it a substantial and impressive piece. The increased weight and thickness of the piedfort format add to its appeal, giving it a more significant presence in any collection.
The mintage of the 1998 Technology £2 Silver Piedfort coin was intentionally limited, making it a rare and highly sought-after piece. Piedfort coins have a long tradition in numismatics, originally struck for presentation purposes and as collector’s items rather than for circulation. The limited production of piedfort coins enhances their exclusivity, ensuring their continued desirability among numismatists and investors alike. The rarity of this coin further adds to its appeal, particularly for those seeking to complete a full set of silver piedfort £2 coins.
The condition of this particular 1998 Technology £2 Silver Piedfort coin is outstanding, as it has been carefully preserved in its original presentation box from The Royal Mint. The protective case ensures that the coin remains in pristine condition, preventing exposure to environmental factors such as tarnishing or scratches. The proof surfaces retain their original brilliance, with a sharp contrast between the frosted relief and the mirror-like background. The inclusion of the original packaging and certificate of authenticity further enhances its value and appeal.
The proof condition of this coin ensures that it exhibits precise strikes, clean lettering, and a flawless finish. The frosted relief of the technological design contrasts beautifully against the highly polished fields, making the intricate details of the engraving stand out. As a proof piedfort coin, it was struck multiple times using specially prepared dies, ensuring superior quality and a refined appearance. The exceptional craftsmanship ensures that this coin remains one of the most visually impressive and collectible issues in the £2 silver piedfort series.
The significance of this coin extends beyond its numismatic value, as it serves as a tribute to human ingenuity and the continuous evolution of technology. The depiction of technological advancements highlights the role of engineering, science, and digital innovation in shaping the modern world. The choice to feature technology as the theme of the £2 coin underscores its importance in society and its lasting impact on progress and development.
The presentation of the coin in its original Royal Mint packaging ensures that it remains well-protected and suitable for display. The accompanying certificate of authenticity verifies the coin’s specifications, weight, and limited mintage, reinforcing its status as an officially issued numismatic piece. The elegant display case adds to the coin’s prestige, making it an excellent addition to any collection or investment portfolio.
As an investment, the 1998 Technology £2 Silver Piedfort coin is an excellent choice due to its silver content, limited mintage, and proof quality. Unlike standard bullion coins, proof silver coins appreciate in value due to their superior craftsmanship, rarity, and strong demand among collectors. The historical and cultural significance of the technology theme further enhances its long-term desirability among numismatists and investors alike.
The Royal Mint’s longstanding reputation for excellence ensures that each silver proof piedfort coin is struck to the highest standards, making them highly sought after by collectors. The 1998 Technology £2 Silver Piedfort coin exemplifies the best of British numismatic artistry, combining historical significance with impeccable craftsmanship. Its inclusion in a collection of technological-themed commemorative coins further enhances its value, making it a key piece for those assembling a comprehensive British coin collection.
The 1998 Technology £2 Silver Piedfort coin is a timeless tribute to the achievements of the modern era. With its elegant design, fine silver composition, and limited mintage, it stands as an exceptional example of modern British numismatics. Whether acquired as a collector’s item, an investment, or a celebration of technological progress, this coin represents a reflection on human achievement and innovation. Its beauty, craftsmanship, and historical depth make it a standout piece in the realm of commemorative silver coinage.