The Bank of England has been issuing the "Britannia" since 1997. On the obverse is the "Standing Britannia" with a shield. It is one of the most popular issues in the world.
This year's issue has the "Union Jack" flag in the background.
On the reverse is Queen Elizabeth II
It has a face value of two pounds, and is made out of .958 fine silver.
The yearly mintage is only 100,000 coins!