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2 Pounds - Elizabeth II Princess Diana

Issuer South Georgia and the South Sandwich Islands
Year 2002
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Value 2 Pounds
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Reverse description Forward-facing portrait bust of Diana, Princess of Wales, depicted with her characteristic short hairstyle, set against a dark field. Two stylised roses, emblematic of her association with the rose as a tribute flower, flank the bust at lower left and lower right. The curved legend DIANA, PRINCESS OF WALES - THE WORK CONTINUES arcs around the upper periphery, while the denomination £2 appears in the lower exergue.
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Mintage 2002 PM
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South Georgia and the South Sandwich Islands holds the unusual status of a British Overseas Territory with no permanent civilian population, administered from the Falkland Islands. Its coins are legal tender in name only — no economy exists to spend them in — making every issue a deliberate collector product rather than circulating currency. This particular piece was issued five years after Diana's death in the Paris tunnel crash of August 1997, capitalizing on the wave of commemorative issues that flooded the market through the late 1990s and into the early 2000s.

KM#15 is one of dozens of Diana tributes struck across multiple territories during this period, with South Georgia's remote jurisdiction providing little more than a licensing arrangement.

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