The source of the gold used, also provided the coin its name - the "guinea", with the regular addition of an elephant or castle symbol on the earliest issues to denote bullion supplied by the Royal African Company.
The obverse showed a fine right-facing bust of the king wearing a laurel wreath, surrounded by the legend CAROLVS II DEI GRATIA, while the reverse showed four crowned cruciform shields bearing the arms of England, Scotland, France, and Ireland, between which were four sceptres, and in the centre were four interlinked "C"s, surrounded by the inscription MAG BR FRA ET HIB REX [date].
With the removal of James II in the Glorious Revolution of 1688, his daughter Mary, and her husband Prince William of Orange ruled jointly by agreement as co-monarchs.
William's head faces right on his coins, with the legend GVLIELMVS III DEI GRATIA, while the reverse design of William and Mary's reign was judged to be unsuccessful, so the design reverted to that used by Charles II and James II, but with a small shield with the lion of Nassau in the centre, with the legend MAG BR FRA ET HIB REX date.
The design of the reverse was similar to that of the previous reign, with four crowned cruciform shields bearing the arms of England and Scotland joined, Ireland, and France, separated by sceptres and with a central rose, and the legend MAG BRI FR ET HIB REG date.
The obverse features a right-facing portrait of the king with the legend GEORGIVS D G M BR FR ET HIB REX F D. The reverse follows the same general design as before, except the order of the shields is England and Scotland, France, Ireland, and Hanover, with the legend BRVN ET L DVX S R I A TH ET EL date -- Duke of Brunswick and Luneburg, Arch-Treasurer and Elector of the Holy Roman Empire.
The obverse has a left-facing bust of the king (with an "intermediate head" in 1739 and 1740, and an older head from 1748), with the legend GEORGIVS II DEI GRATIA (GEORGIUS II DEI GRATIA in 1739 and 1740), while the reverse features a single large crowned shield with the quarters containing the arms of England+Scotland, France, Hanover, and Ireland, and the legend M B F ET H REX F D B ET L D S R I A T ET E -- King of Great Britain, France and Ireland, Defender of the Faith, Duke of Brunswick and Luneburg, Arch-Treasurer and Elector of the Holy Roman Empire.
George II's reign is also marked by the introduction of pattern or proof issues of the Two Guinea, struck from carefully prepared and highly polished dies.
[1] No currency issue Two Guinea coins were struck during George III's reign, however the Royal Mint still engaged in the production of proofs and patterns of the denomination in anticipation of future coinage.