When William and Mary came to the throne, public finances were weak and the system of money and credit were in disarray. The Bank of England was founded in 1694 to act as the Government’s banker and debt manager, and its position as the centre of the UK’s financial system is maintained to this day. This commemorative £2 was issued in 1994 to mark its 300th anniversary. The reverse design features the original Corporate Seal of the Bank of England and distinctive Cypher of William and Mary.
Edge Inscriptions: SIC VOS NON VOBIS (thus you labour but not for yourselves)