Right, let’s get straight to it. If you’ve got a two-pound coin in your pocket or tucked away in a drawer that seems to have ‘1807’ on it, you’re likely holding the commemorative ‘Abolition of the Slave Trade’ £2 coin. Issued by the Royal Mint in 2007, this coin marks the 200th anniversary of the Act of Parliament that abolished the slave trade in the British Empire in 1807. It’s a common query we get here at Big Gold Jewellery & Bullion in Hull: "Is my 1807 £2 coin worth more than face value?"
The short answer for most of these coins is often ‘no, not significantly more than £2’, but there are always exceptions. Before you do anything with it, bring it down to our shop at 51 Jameson Street, Hull (HU1 3JA). We’ll give you a straightforward, no-nonsense valuation, completely free of charge. No hidden fees, no pressure, just honest Hull advice.
Understanding Your ‘1807’ £2 Coin: The Abolition of Slavery Issue
The £2 coin you’re referring to is officially known as the ‘Abolition of the Slave Trade’ £2 coin. While it commemorates the year 1807, it was actually minted and released in 2007. This coin is a powerful reminder of a significant moment in British history, designed by David Gentleman. The reverse features a depiction of broken chains, symbolising the end of the slave trade, with the date ‘1807’ prominently displayed above the denomination ‘TWO POUNDS’. The edge inscription reads: "AM I NOT A MAN AND A BROTHER".
It’s a beautiful and historically important coin, but its value isn’t always tied to its historical weight. Understanding its mintage figures and typical market behaviour is key to knowing what you’ve got.
Is Your ‘1807’ £2 Coin Valuable? What Hull Collectors Look For
When it comes to the value of commemorative coins like the 2007 ‘1807’ £2, several factors come into play. Here’s what we typically look at:
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Mintage Figures: The Royal Mint produced a substantial number of these coins for general circulation – over 7.3 million. This high mintage means they are not particularly rare. For comparison, some of the rarest £2 coins have mintage figures in the tens or hundreds of thousands.
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Condition: A coin that has been in circulation will show wear and tear. Scratches, dings, and dullness reduce its appeal to collectors. An ‘uncirculated’ coin – one that has never been spent and is in pristine condition, often straight from a mint set – will always fetch a higher price. However, even uncirculated versions of this particular coin don’t typically command huge premiums due to the high mintage.
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Errors and Varieties: This is where the real potential for increased value lies, but it’s incredibly rare. Occasionally, minting errors occur – a misaligned strike, a missing part of the design, or an incorrect metal composition. These ‘error coins’ are highly sought after by collectors. While there are no widely reported significant errors for the 2007 ‘1807’ £2 coin, it’s always worth having an expert eye examine it.
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Precious Metal Content: Standard £2 coins are bi-metallic, made from a nickel-brass outer ring and a cupro-nickel inner disc. They do not contain any precious metals like gold or silver. Therefore, their intrinsic metal value is negligible.
For most people in Hull, if your ‘1807’ £2 coin has been in circulation, its value is likely to be its face value: £2. However, if you believe you have an uncirculated example, or suspect an error, it’s always best to get a professional opinion. Don’t just take our word for it – bring it in and let us show you exactly what you’ve got.
Don’t Get Caught Out: Common Pitfalls When Selling Coins in 2026
Here in Hull, we’ve seen it all. People trying to sell what they think is a valuable coin, only to find themselves facing hidden fees, lowball offers, or even outright scams. We believe in educating our community, so here are a few things to watch out for:
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Online Auction Fees & Risks: Selling online can seem easy, but platforms often take a significant cut in fees. Then there’s the risk of postage, insurance, and dealing with potential disputes or fraudulent buyers. It’s a hassle, and you might end up with less than you hoped for, or even lose your coin.
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Misleading "Expert" Valuations: Some online or pop-up buyers might offer a quick, low valuation, hoping you don’t know any better. They might cherry-pick information or downplay the coin’s true (albeit often still face) value to maximise their profit. Always get a second opinion, especially from a trusted local business.
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Hidden Charges: Be wary of places that promise a high price but then deduct "testing fees", "administration charges", or "refining costs" from your payout. At Big Gold Jewellery & Bullion, our valuations are transparent and free.
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Security Concerns: Sending valuable items through the post always carries a risk. For peace of mind and immediate payment, a face-to-face transaction with a reputable dealer is always the safest bet.
We’re here to make sure you don’t fall victim to these common traps. Our goal is to empower you with knowledge and offer a fair, honest service right here in Hull.
Why Hull Locals Trust Big Gold Jewellery & Bullion for Coin Valuations
When you walk into Big Gold Jewellery & Bullion, you’re not just another transaction; you’re part of the Hull community. We pride ourselves on being the most trusted local experts for gold, silver, and coin valuations. Here’s why our neighbours choose us:
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Grounded, Expert Advice: We’ve been serving Hull for years, building a reputation for honest, straightforward valuations. No fancy jargon, just clear explanations of what your coin is and what it’s worth.
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Transparent & Free Valuations: We’ll examine your coin right in front of you, explain its characteristics, and give you a no-obligation quote. You’ll understand exactly how we arrived at the figure, whether it’s £2 or potentially more for a rare error.
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Immediate Cash Payment: If you decide to sell, we offer instant cash payment. No waiting for bank transfers, no cheques to clear, just money in your hand there and then.
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No Pressure to Sell: Our valuation is just that – an assessment. There’s absolutely no pressure or obligation to sell to us. We want you to feel confident and informed, whatever you decide.
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Security & Peace of Mind: Conduct your transaction in a secure, professional environment. You can rest assured that you’re dealing with a reputable, established local business.
We understand that selling a coin, especially one with historical significance, can feel daunting. We’re here to make it simple, safe, and fair for every Hull resident.
Join The Big Gold Revolution in Hull: Local Expertise You Can Count On
We call it ‘The Big Gold Revolution’ because it’s about empowering Hull residents to get the best value for their assets, without the smoke and mirrors of faceless corporate operations or dodgy online dealers. It’s about locals looking out for locals. When you choose Big Gold Jewellery & Bullion, you’re choosing transparency, integrity, and a commitment to our community.
We’re not just a shop; we’re a part of Hull’s fabric, dedicated to providing a service that’s as solid and dependable as the gold we deal in. Bring your ‘1807’ £2 coin, your old jewellery, or any gold and silver assets you’re curious about. Let us show you the difference a trusted local expert makes.
Visit Us Today: Your Hull Gold & Coin Experts Are Waiting
Don’t leave the value of your ‘1807’ £2 coin to guesswork or online speculation. The only way to get a truly accurate and honest valuation is to bring it to a trusted expert. And remember, while the ‘1807’ £2 coin itself isn’t made of precious metal, if you have other items, the value of gold and silver shifts by the split second based on global indexes. Locking in today’s per-gram spot rate for any precious metal items requires immediate, real-time action.
Our shop is located at the very heart of the city, 51 Jameson Street, Hull (HU1 3JA). We’re incredibly easy to find and just a short stroll from Hull’s most iconic landmarks:
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3 minutes walking distance from Hull Train Station (Paragon Station)
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3 minutes walking distance from St Stephen’s Shopping Centre
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3 minutes walking distance to Queen’s Gardens
Pop in today. Let’s have a look at that ‘1807’ £2 coin and any other items you might have. Get your free, no-obligation valuation and experience the honest, expert service that Hull trusts. We’re open and ready to help you unlock the true value of your assets.
Visit The Big Gold Revolution Today
51 Jameson Street, Hull, HU1 3JA
Located at the very heart of the city, we are just a short stroll away from Hull’s most iconic landmarks:
📍 3 minutes walking distance from Hull Train Station
📍 3 minutes walking distance from St Stephen’s Shopping Centre
📍 3 minutes walking distance to Queen’s Gardens.
📍 3 mins walk from Hull Paragon Interchange.
