| Revision as of 11:19, 2 September 2023 editBazza 7 (talk | contribs)Extended confirmed users, Template editors16,365 editsm →Proposed quarter penny coin: use standard fraction for non-maths← Previous edit | Revision as of 03:26, 20 September 2023 edit undoVeryproicelandic (talk | contribs)Extended confirmed users8,151 edits added a few links, edited for syntax & grammar, removed some irrelevant matter about legal tender and lawsuits arising therefrom...Next edit → | ||
| Line 23: | Line 23: | ||
| | Reverse Design Date = 1971 | | Reverse Design Date = 1971 | ||
| |}} | |}} | ||
| The ] decimal '''halfpenny''' ('''{{frac|1|2}}p''') coin was a denomination of ] introduced in February 1971, at the time of ], and was worth {{frac|1|200}} of one ]. It was ignored in banking transactions, which were carried out in units of ]. | The ] decimal '''halfpenny''' ('''{{frac|1|2}}p''') ] was a denomination of ] introduced in February 1971, at the time of ], and was worth {{frac|1|200}} of one ]. It was ignored in banking transactions, which were carried out in units of ]. | ||
| The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal ] in circulation (with a value of {{sfrac|2|1|2}} new pence) alongside the new decimal coinage. | The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal ] in circulation (with a value of {{sfrac|2|1|2}} new pence) alongside the new decimal coinage. | ||
| The halfpenny coin's obverse featured the profile of ]; the reverse featured an image of ]. It was minted in bronze (like the 1p and 2p coins). It was the smallest decimal coin in both size and value |
The halfpenny coin's ] featured the profile of ]; the ] featured an image of ]. It was minted in bronze (like the 1p and 2p coins). It was the smallest decimal coin in both size and value, the size being in proportion to 1p and 2p coins. | ||
| The halfpenny soon became Britain's least favourite coin.<ref name="BBCNews">, ''BBC News''</ref> ] argued the halfpenny was important in the fight against inflation, as it prevented prices from being rounded up.<ref name="BBCNews"/> Nevertheless, the coin was ] and ] in December 1984.<ref name="BBCNews"/> | |||
| ==Design== | ==Design== | ||
| The |
The reverse of the coin, designed by ], was a representation of ], with the numeral "{{sfrac|1|2}}" below the crown, and either {{small|NEW PENNY}} (1971–1981) or {{small|HALF PENNY}} (1982–1984) above the crown. Only one design for the ] was used on the halfpenny coin. The inscription around the portrait on the obverse was {{small|ELIZABETH II ] 19xx}},<ref name="bcoins">{{cite web|url=http://www.coins-of-the-uk.co.uk/decha.html|first=Tony|last=Clayton|title=Decimal Coins of the UK - Halfpenny|access-date=2006-05-24}}</ref> where 19xx was the year of minting. Both sides of the coin are encircled by dots, a common feature on coins known as beading. | ||
| Only one design of ] was used on the halfpenny coin. The inscription around the portrait on the obverse was {{small|ELIZABETH II ] 19xx}},<ref name="bcoins">{{cite web|url=http://www.coins-of-the-uk.co.uk/decha.html|first=Tony|last=Clayton|title=Decimal Coins of the UK - Halfpenny|access-date=2006-05-24}}</ref> where 19xx was the year of minting. Both sides of the coin are encircled by dots, a common feature on coins, known as beading. | |||
| As on all decimal coins produced before 1984, the portrait of ] by ] appeared on the obverse;<ref name="design">{{cite web|url=http://www.royalmint.com/RoyalMint/web/site/Corporate/Corp_british_coinage/CoinDesign/1pCoin.asp|title=1p Coin|publisher=British Royal Mint|access-date=2006-05-23 |archive-url = https://web.archive.org/web/20060427104248/http://www.royalmint.com/RoyalMint/web/site/Corporate/Corp_british_coinage/CoinDesign/1pCoin.asp <!-- Bot retrieved archive --> |archive-date = 2006-04-27}}</ref> in this portrait the Queen wears the ]. | As on all decimal coins produced before 1984, the portrait of ] by ] appeared on the obverse;<ref name="design">{{cite web|url=http://www.royalmint.com/RoyalMint/web/site/Corporate/Corp_british_coinage/CoinDesign/1pCoin.asp|title=1p Coin|publisher=British Royal Mint|access-date=2006-05-23 |archive-url = https://web.archive.org/web/20060427104248/http://www.royalmint.com/RoyalMint/web/site/Corporate/Corp_british_coinage/CoinDesign/1pCoin.asp <!-- Bot retrieved archive --> |archive-date = 2006-04-27}}</ref> in this portrait the Queen wears the ]. | ||
| Line 44: | Line 44: | ||
| | act = Coinage Act 1971 | | act = Coinage Act 1971 | ||
| | section = 2 | | section = 2 | ||
| }}</ref> |
}}</ref><ref>{{Cite web|url=https://www.royalmint.com/help/trm-faqs/legal-tender-amounts/|title=What are the legal tender amounts acceptable for UK coins? {{!}} The Royal Mint|website=www.royalmint.com|access-date=2019-05-05}}</ref><ref>{{Cite web|url=https://www.lawgazette.co.uk/legal-updates/defence-of-tender-before-claim-/5052433.article|title=Defence of tender before claim|last=November 2015|first=Masood Ahmed|website=Law Society Gazette|language=en|access-date=2019-05-05}}</ref> A shopkeeper, for example, was not under any obligation to accept half penny coins for payment; conversely, they had the right to accept payment in just half penny coins if they so wished.<ref>{{Cite web|url=http://www.bankofengland.co.uk/knowledgebank/what-is-legal-tender|title=What is legal tender?|website=www.bankofengland.co.uk|language=en|access-date=2019-05-05}}</ref> | ||
| A shopkeeper, for example, was not under any obligation to accept half penny coins for payment; conversely they have the discretion to accept payment in just half penny coins if they so wished.<ref>{{Cite web|url=http://www.bankofengland.co.uk/knowledgebank/what-is-legal-tender|title=What is legal tender?|website=www.bankofengland.co.uk|language=en|access-date=2019-05-05}}</ref> | |||
| ==Mintages== | ==Mintages== | ||
| Line 82: | Line 80: | ||
| | 1984 || data-sort-value="0" | In proof and uncirculated sets only | | 1984 || data-sort-value="0" | In proof and uncirculated sets only | ||
| |} | |} | ||
| Mint |
Mint sets have been produced since 1982; where mintages on or after that date indicate 'none', there are examples contained within those sets. | ||
| ==Proposed quarter penny coin== | ==Proposed quarter penny coin== | ||
Revision as of 03:26, 20 September 2023
Demonetised unit of currency that was worth one two-hundredth of a pound sterling For the pre-decimal halfpenny coin, see Halfpenny (British pre-decimal coin). | This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Halfpenny" British decimal coin – news · newspapers · books · scholar · JSTOR (December 2015) (Learn how and when to remove this message) |
| United Kingdom | |
| Value | £0.005 |
|---|---|
| Mass | 1.78 g |
| Diameter | 17.14 mm |
| Thickness | 1 mm |
| Edge | plain |
| Composition | bronze |
| Years of minting | 1971–1984 |
| Obverse | |
 | |
| Design | Queen Elizabeth II |
| Designer | Arnold Machin |
| Design date | 1971 |
| Reverse | |
 | |
| Design | St Edward's Crown |
| Designer | Christopher Ironside |
| Design date | 1971 |
The British decimal halfpenny (1⁄2p) coin was a denomination of sterling coinage introduced in February 1971, at the time of decimalisation, and was worth 1⁄200 of one pound. It was ignored in banking transactions, which were carried out in units of 1p.
The decimal halfpenny had the same value as 1.2 pre-decimal pence, and was introduced to enable the prices of some low-value items to be more accurately translated to the new decimal currency. The possibility of setting prices including an odd half penny also made it more practical to retain the pre-decimal sixpence in circulation (with a value of 2+1/2 new pence) alongside the new decimal coinage.
The halfpenny coin's obverse featured the profile of Queen Elizabeth II; the reverse featured an image of St Edward's Crown. It was minted in bronze (like the 1p and 2p coins). It was the smallest decimal coin in both size and value, the size being in proportion to 1p and 2p coins.
The halfpenny soon became Britain's least favourite coin. The UK Treasury argued the halfpenny was important in the fight against inflation, as it prevented prices from being rounded up. Nevertheless, the coin was demonetised and withdrawn from circulation in December 1984.
Design
The reverse of the coin, designed by Christopher Ironside, was a representation of St Edward's Crown, with the numeral "1/2" below the crown, and either NEW PENNY (1971–1981) or HALF PENNY (1982–1984) above the crown. Only one design for the obverse was used on the halfpenny coin. The inscription around the portrait on the obverse was ELIZABETH II D.G.REG.F.D. 19xx, where 19xx was the year of minting. Both sides of the coin are encircled by dots, a common feature on coins known as beading.
As on all decimal coins produced before 1984, the portrait of Queen Elizabeth II by Arnold Machin appeared on the obverse; in this portrait the Queen wears the 'Girls of Great Britain and Ireland' Tiara.
Status
The half penny coin was legal tender for amounts not exceeding 20 pence. A shopkeeper, for example, was not under any obligation to accept half penny coins for payment; conversely, they had the right to accept payment in just half penny coins if they so wished.
Mintages
| Year | Number minted |
|---|---|
| 1971 | 1,394,188,251 |
| 1972 | In proof sets only |
| 1973 | 365,680,000 |
| 1974 | 365,448,000 |
| 1975 | 197,600,000 |
| 1976 | 412,172,000 |
| 1977 | 66,368,000 |
| 1978 | 59,532,000 |
| 1979 | 219,132,000 |
| 1980 | 202,788,000 |
| 1981 | 46,748,000 |
| 1982 | 190,752,000 |
| 1983 | 7,600,000 |
| 1984 | In proof and uncirculated sets only |
Mint sets have been produced since 1982; where mintages on or after that date indicate 'none', there are examples contained within those sets.
Proposed quarter penny coin
A decimal quarter-penny coin (to be struck in aluminium) was also proposed (which would have allowed the pre-decimal threepence to continue to circulate with a value of 1+1⁄4 new pence), but was never produced.
See also
References
- ^ 1984: Halfpenny coin to meet its maker, BBC News
- Clayton, Tony. "Decimal Coins of the UK - Halfpenny". Retrieved 2006-05-24.
- "1p Coin". British Royal Mint. Archived from the original on 2006-04-27. Retrieved 2006-05-23.
- "Coinage Act 1971: Section 2", legislation.gov.uk, The National Archives, 1971 c. 24 (s. 2)
- "What are the legal tender amounts acceptable for UK coins? | The Royal Mint". www.royalmint.com. Retrieved 2019-05-05.
- November 2015, Masood Ahmed. "Defence of tender before claim". Law Society Gazette. Retrieved 2019-05-05.
{{cite web}}: CS1 maint: numeric names: authors list (link) - "What is legal tender?". www.bankofengland.co.uk. Retrieved 2019-05-05.
- Michael, Michael (2013). Standard Catalog of World Coins - 1901-2000. Krause Publications. pp. 990. ISBN 978-1440229626.
- "Mintage Figures: United Kingdom Decimal Coins issued into general circulation up to 31 December 2012". www.royalmintmuseum.org.uk. pp. 2–3. Retrieved 2019-06-29.
- Tony Clayton. "The Change to Decimal Coinage". Archived from the original on 2008-03-29. Retrieved 2008-04-13.
- "Royal Mint - Elizabeth II Uniface pattern Quarter decimal pence. Type II". www.rct.uk. Retrieved 2020-04-15.
External links
- British Halfpenny pictures
- CoinWiki – Decimal Half Pennies
- Coin Type: Half Penny, United Kingdom – Online Coin Club