It is difficult to say how much a silver Queen Elizabeth the II coin would sell for as it depends on a number of factors. All coins circulating in the United Kingdom have an effigy of Queen Elizabeth the II on the obverse, so coins with her effigy on them are not rare, however certain ones are and may be worth reasonable amounts of money. This all really depends on the age of the coin, was it a special commemorative coin, and the value of the coin in the first place.
The standard circulating coinage of the United Kingdom is denominated in pounds sterling, and, since the introduction of the two-pound coin in 1998, ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 new pence.
From the 16th century until decimalisation, the pound was divided into 20 shillings, each of 12 old pence. British coins are minted by the Royal Mint in Llantrisant, Wales. The Royal Mint also commissions the coins' designs. As of 30 March 2010, there are an estimated 28 billion coins circulating in the United Kingdom.
The first decimal coins were circulated in 1968. These were the five pence and ten pence, and had values of one shilling and two shillings, respectively, under the pre-decimal system. The decimal coins are minted in copper-plated steel previously bronze, cupro-nickel and nickel-brass. The two-pound coin is bimetallic. The coins are discs, except for the twenty pence and fifty-penny pieces, both of which are shaped as heptagons of constant curvature. All the circulating coins have an effigy of Queen Elizabeth II on the obverse, and various national and regional designs, and the denomination, on the reverse. The circulating coins, excepting the two-pound coin, were redesigned in 2008, keeping the sizes and compositions unchanged, but introducing reverse designs that each depict a part of the Royal Shield of Arms and form the whole shield when they are placed together in the appropriate arrangement. The exception, the 2008 one-pound coin, depicts the entire shield of arms on the reverse. All current coins carry a Latin inscription whose full form is 'ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSOR', meaning 'Elizabeth II, by the grace of God, Queen and Defender of the Faith'.
The standard circulating coinage of the United Kingdom is denominated in pounds sterling, and, since the introduction of the two-pound coin in 1998, ranges in value from one penny to two pounds. Since decimalisation, on 15 February 1971, the pound has been divided into 100 new pence.
From the 16th century until decimalisation, the pound was divided into 20 shillings, each of 12 old pence. British coins are minted by the Royal Mint in Llantrisant, Wales. The Royal Mint also commissions the coins' designs. As of 30 March 2010, there are an estimated 28 billion coins circulating in the United Kingdom.
The first decimal coins were circulated in 1968. These were the five pence and ten pence, and had values of one shilling and two shillings, respectively, under the pre-decimal system. The decimal coins are minted in copper-plated steel previously bronze, cupro-nickel and nickel-brass. The two-pound coin is bimetallic. The coins are discs, except for the twenty pence and fifty-penny pieces, both of which are shaped as heptagons of constant curvature. All the circulating coins have an effigy of Queen Elizabeth II on the obverse, and various national and regional designs, and the denomination, on the reverse. The circulating coins, excepting the two-pound coin, were redesigned in 2008, keeping the sizes and compositions unchanged, but introducing reverse designs that each depict a part of the Royal Shield of Arms and form the whole shield when they are placed together in the appropriate arrangement. The exception, the 2008 one-pound coin, depicts the entire shield of arms on the reverse. All current coins carry a Latin inscription whose full form is 'ELIZABETH II DEI GRATIA REGINA FIDEI DEFENSOR', meaning 'Elizabeth II, by the grace of God, Queen and Defender of the Faith'.
