British Commemorative Two Pound Coin 1986 Queen Elizabeth II

British Commemorative Two Pound Coin 1986 Queen Elizabeth IIBritish Commemorative Two Pound Coin 1986 1986 Commonwealth Games, Edinburgh

British Commemorative Two Pound Coin 1986 Queen Elizabeth II
Commemorative issue: 1986 Commonwealth Games, Edinburgh

Obverse: Third crowned portrait of HM Queen Elizabeth II facing right, wearing the George IV State Diadem.
Lettering: ELIZABETH · II · DEI · GRATIA · REGINA · F · D · TWO POUNDS · RDM.
Engraver: Ian Rank-Broadley.

Reverse: Cross of St Andrew, crown of laurel leaves and Scottish Thistle
Lettering: 1986 N S.
Engraver: Norman Sillman.
Edge: Milled with lettering.
Lettering: XIII COMMONWEALTH GAMES SCOTLAND 1986.

Year: 1986.
Face value: 2 Pounds.
Metal: Nickel-brass.
Weight: 15.98 g.
Diameter: 28.4 mm.
Shape: Round.

1986 Commonwealth Games
The 1986 Commonwealth Games were held in Edinburgh, Scotland, between 24 July and 2 August 1986. They were the second Games to be held in Edinburgh.

Organisation and controversy
Unlike the 1970 Games in Edinburgh, which were popular and successful, the 1986 Games are ill-famed for the wide political boycott connected with them and the resulting financial mismanagement.
  The majority of Commonwealth nations staged a boycott, so that the Games appeared to be a whites-only event. Thirty two of the eligible fifty nine countries—largely African, Asian and Caribbean states—stayed away because of the Thatcher government's policy of keeping Britain's sporting links with apartheid South Africa in preference to participating in the general sporting boycott of that country. Consequently, Edinburgh 1986 witnessed the lowest number of athletes since Auckland 1950. Bermuda was a particularly late withdrawal, as its athletes appeared in the opening ceremony and in the opening day of competition before the Bermuda Olympic Association decided to formally withdraw.
  Further controversy arose when it was revealed that through this much-reduced participation and the resultant decline in anticipated broadcasting and sponsorship revenues, the Organising Committee was facing a big financial black hole. The boycott ended any prospect of securing emergency government assistance. Businessman Robert Maxwell stepped in to offer funding, taking over as chairman; but although he promised to invest £2m, his contribution was just £250,000. On a budget of £14m, the Games opened with a deficit of £3m, which later grew to £4.3m, and instead of putting enough money into the event to save it, the new chairman of the Games asked creditors to forgo half the payment due to them to keep the event out of liquidation. The debt was finally paid off in 1989, with the city of Edinburgh losing approximately £500,000.
  Several participants were excluded because they breached the amateurism rules, most notably lawn bowlers Phil Skoglund from New Zealand and Willie Wood from Scotland, both of whom have competed in subsequent games.