Sell 1994 Bank of England £2 Gold Proof Mule (Double Sovereign Obverse)
Expert guide to the 1994 Bank of England £2 gold proof mule (Double Sovereign obverse). Current auction values £2,400–£4,800, die diagnostics, fakes to avoid.
Typical UK collector & dealer range for circulated examples
Get Your Free Coin Valuation
Zero seller fees. Insured UK courier or private London & Manchester appointment.
Market Valuation & Pricing Notes
Values based on realized auction results (The Coin Cabinet, Sovereign Rarities, Chards, Sovara Coins). Raw/uncirculated examples trade £2,400–£2,900; NGC PF69 UCAM £2,600–£3,100; PCGS PR70 DCAM up to £4,800. The Royal Mint recalled many pieces, increasing scarcity. Bullion melt value (~£850) is far below numismatic premium.
Physical Authentication Checkpoints
Our specialists verify these exact specifications when appraising your 1994 Bank of England £2 Gold Proof Mule (Double Sovereign Obverse):
- Obverse: Raphael Maklouf third portrait WITHOUT 'TWO POUNDS' denomination — larger portrait identical to Double Sovereign die
- Reverse: Leslie Durbin Bank of England 300th anniversary design — seated Britannia, corporate seal, dates 1694/1994, crowned WM monogram
- Edge: Milled with incuse lettering 'SIC VOS NON VOBIS' (standard for gold £2)
- Weight: 15.98 g (22 ct gold), Diameter: 28.4 mm
- Finish: Proof (frosted devices, mirrored fields)
- Die pairing: Double Sovereign obverse (no denomination, larger portrait) muled with Bank of England commemorative reverse
- Obverse legend: ELIZABETH II DEI GRATIA REGINA F D (no denomination)
- Certificate of Authenticity and original Royal Mint case often accompany genuine examples
Coin Specifications
- Catalogue ID
- GB-1994-BOE-2GBP-MULE
- Denomination
- £2 (Two Pounds)
- Issue Year
- 1994
- Rarity Tier
- High-Value Error
- Mintage
- Unknown (Mint Error) — struck from 1,000 coin gold proof issue
- Weight
- 15.98 grams
- Metal Composition
- 22-carat gold (.917 fineness)
Common Fakes & Variant Confusion
Confused with standard 1994 Bank of England £2 gold proof (correct obverse bears 'TWO POUNDS' and smaller portrait). Altered coins where 'TWO POUNDS' is polished off exist — check portrait size and lettering spacing. Gold-plated base metal replicas lack correct weight (15.98 g) and edge lettering. Non-mule proof coins from Sovereign sets (correct dies) are sometimes misdescribed as mules.
Best Ways to Sell Your 1994 Bank of England £2 Gold Proof Mule (Double Sovereign Obverse)
Compare liquidation routes in the UK, or sell directly to Finacforce with zero auction commission.
Specialist numismatic auction (Noonans, Spink, Baldwin's, The Coin Cabinet)
Highest realized prices for graded examples; 10–20% buyer's premium + vendor commission; 30–60 day settlement
Dealer purchase (Chards, Sovereign Rarities, Britannia Coin Company, Sovara Coins)
Immediate liquidity at ~90–95% of retail; no auction wait; dealer must make margin
Collector-to-collector (eBay UK, Facebook groups, forums)
Potential for retail price; high risk of disputes, returns, platform fees (12.8% + £0.30); requires strong provenance/grading
Bullion/scrap (last resort)
~£850 melt value only; destroys numismatic premium entirely
Related Coins & Valuation Guides
2011 Olympic Aquatics 50p (Lines Over Face / Withdrawn Design)
Cupronickel (75% copper, 25% nickel)
1983 'New Pence' 2p Mule
Bronze (97% copper, 2.5% zinc, 0.5% tin)
2014 Lord Kitchener £2 Mule Error (Missing 'TWO POUNDS' Denomination)
Bimetallic: Outer ring - Nickel-Brass (76% Cu, 20% Zn, 4% Ni); Inner disc - Cupro-Nickel (75% Cu, 25% Ni)
Silver 2p Wrong Planchet Error
Cupro-nickel (75% Cu, 25% Ni) or nickel-plated steel (10p planchet)
20p Struck on 1p Blank (Wrong Planchet Error)
Copper-plated steel (1p blank) / Bronze (pre-1992 1p blank)
2016/2017 Dual-Dated 12-Sided £1 (Micro-Lettering Mule)
Outer ring: Nickel-brass (70% Cu, 5.5% Ni, 24.5% Zn); Inner disc: Nickel-plated alloy