Flying Scotsman £2 (2023)

The Flying Scotsman £2 celebrates the centenary of the famous steam locomotive with a side view of the engine at full steam. Struck in 2023 with King Charles III on the obverse, it was sold to collectors and never circulated. It is one of the 85 £2 designs struck since 1986.

Flying Scotsman steam locomotive in side view heading left under smoke, FLYING SCOTSMAN and LNER lettering below
Photo: The Royal Mint, 2023

Flying Scotsman £2 value

Uncirculated
typical £19, range £16 to £20

Worked out from 6 published prices (3 dealer prices, 2 sold-price reports and 1 price guide), each condition from its own prices, checked in September 2026.

Not issued for circulation

No Flying Scotsman £2 was struck for circulation. Standard brilliant uncirculated coins come in the Royal Mint pack, with its illustrated history of the engine, or loose in capsules and certified cards, and a sealed pack sells ahead of a coin in a capsule. The coloured brilliant uncirculated edition and the coloured silver proof and piedfort were limited editions and are priced apart from the plain coin. On any colour coin, scratches or fading in the printed colour lower its value, and on plain coins check the smoke and boiler for rubbing.

Flying Scotsman £2 mintage and rarity

The Flying Scotsman £2 was not issued for circulation, so it has no rarity rank.

How to spot a Flying Scotsman £2

Look for a steam locomotive in profile running to the left, with smoke streaming back over it and arcs of lines across the top of the coin. FLYING SCOTSMAN and LNER with the engine's number sit on two lines under the engine, and 1923 - 2023 runs along the bottom of the yellow ring. Turn it over and you will find King Charles III rather than Queen Elizabeth II. Some editions have the engine printed in colour. The edge is lettered LIVE FOR THE JOURNEY.

Flying Scotsman £2 design

Flying Scotsman was built in Doncaster in 1923 to a design by Nigel Gresley for the newly formed London and North Eastern Railway. An appearance at the British Empire Exhibition in 1924 started the publicity that made it famous around the world, and its records followed: it hauled the first non-stop service between London and Edinburgh in 1928, was the first locomotive in the UK to reach 100mph and the first to travel around the globe. It is still at work as the oldest locomotive running on Britain's main lines. For its centenary in 2023, The Royal Mint struck the first official UK coin in its honour, licensed through SCMG Enterprises. The designer, John Bergdahl, whose earlier £2 designs include the Mary Rose and the Magna Carta, shows the engine side-on and heading left under a plume of smoke, with curved lines sweeping over the top of the coin. Below it are its name and LNER number, and the anniversary dates run around the foot of the outer ring. The edge reads LIVE FOR THE JOURNEY. Ffion Gwillim of The Royal Mint added colour for selected editions.

Flying Scotsman £2 specifications

Denomination
£2
Year
2023
Type
Commemorative
Issue
Not issued for circulation
Occasion
Centenary of the locomotive Flying Scotsman
Designer
John Bergdahl
Composition
Cupro-nickel centre, nickel-brass outer ring
Weight
12 g
Diameter
28.4 mm
Shape
Round
Edge
Milled, with incuse inscription LIVE FOR THE JOURNEY
Obverse
Charles III, first portrait by Martin Jennings

Flying Scotsman £2 questions

Was the Flying Scotsman £2 released into circulation?

No. It was sold in 2023 as a brilliant uncirculated coin, in a coloured version and as coloured silver proofs, so you will not find one in change.

Is there a coloured Flying Scotsman £2?

Yes. Selected editions have the locomotive printed in colour, applied by Ffion Gwillim of The Royal Mint's product design team to John Bergdahl's design. These were limited editions, separate from the plain brilliant uncirculated coin.

Who designed the Flying Scotsman £2?

John Bergdahl, whose other £2 designs include the Mary Rose, Magna Carta and Shakespeare coins. He drew the engine side-on under a plume of smoke.