Two Pounds 1823, Coin from United Kingdom - detailed information

Two Pounds 1823, Coin from United Kingdom (demonetised 1971)
CoinTwo Pounds 1823

The reform of 1817 terminated all guinea-denominated issues in favour of the sovereign. Large size gold issues resumed for the first time since the 1750's, but the two and five pound pieces were minted mostly for presentation.

MintRoyal Mint Mint MarkNo mint mark Total Mintage unknown
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Obverse
United Kingdom / Two Pounds 1823 - obverse photo

Bare head of King George IV facing left; below in small lettering the artist's initials, I.B.M. (Jean Baptiste Merlen); around, GEORGIUS IIII D: G: BRITANNIAR: REX F:D:

Obverse Inscription GEORGIUS IIII D: G: BRITANNIAR: REX F: D:
Reverse
United Kingdom / Two Pounds 1823 - reverse photo

St. George wearing helmet and cape on horseback attacking to right, with a sword, a dragon, the dragon has a broken lance in its side; in exergue at right in small lettering the artist's initials, B.P. (Benedetto Pistrucci); in exergue, 1823.

On the exergue line on the left, W.W.P., for William Wellesley Pole - Master of the Mint.

Reverse Inscription 1823
EdgeInscribedEdge InscriptionDECUS ET TUTAMEN ANNO REGNI IV
Notes

The Royal Mint states:
"The gold output of £759,749 for the calendar year of 1823 is actually the lowest of the reign which is paradoxical as this is the only year where there are three currency denominations struck from Double-Sovereign to Half-Sovereign. The next lowest is 1828 with just over a million pounds of gold produced whereas all the other years of the reign range from £2.3million to £9.5million.

A mintage figure is not officially known for the gold double sovereign of 1823, but a rough indication can be perhaps be gleaned from looking closer at the gold output figure for 1823 which as mentioned above totals £759,749 of gold. If we then deduct the Sovereign figure produced of 616,770 as that is £616,770 worth, and then the Half-Sovereign mintage of 224,280 which equates to £112,140 worth, then we are left with £30,839 of gold output. Though this does not equate equally to gold Two Pound coins it may well indicate a maximum number of 15,419 pieces, though what was struck in a calendar year may not necessarily equate to a date on the coin."

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Two Pounds 1823: Known varieties
Variety Proof FDC
Mintage Issued: unknown
Variety Proof FDC, no I.B.M.
Mintage Issued: unknown. Rarity: R3 (Extremely Rare)
Details

No designer's initials I.B.M. (for J.B.M.) under neck truncation on obverse.

Two Pounds 1823: References to Information Used
All (13) coins of type: Double Sovereign (Pre-decimal)
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Two Pounds 1823: Details
CountryUnited Kingdom
CurrencyPound Sterling (pre-decimal)
Coin TypeDouble Sovereign (Pre-decimal)
Issued1823
MonarchKing George IV
EffigyPortrait by Jean Baptiste Merlen
Face Value2 (x Pound)
Total Mintageunknown
CurrentNo; demonetised 1971
Material0.9167 Gold
DesignerBenedetto Pistrucci
TechnologyMilled (machine-made)
ShapeRound
Mass15.9761 g
OCC IDYAPV-ZOYR-CAWY-ELMD
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Two Pounds 1823: Photos
ImageDetails
Two Pounds 1823: Photo 1823 George IV £2 Sovereign / thumbnail 1823 George IV £2 Sovereign
Copyright: Royal Mint
Source
Two Pounds 1823: Photo 1823 George IV £2 Sovereign / thumbnail 1823 George IV £2 Sovereign
Copyright: Royal Mint
Source
Two Pounds 1823: Photo Coin - 2 Pounds, George IV, Great Britain, 1823 / thumbnail Coin - 2 Pounds, George IV, Great Britain, 1823
Copyright: Museums Victoria / CC BY
Author:
Source
Two Pounds 1823: Photo Coin - 2 Pounds, George IV, Great Britain, 1823 / thumbnail Coin - 2 Pounds, George IV, Great Britain, 1823
Copyright: Museums Victoria / CC BY
Author:
Source
Two Pounds 1823: Catalogue Reference IDs