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The British pre-decimal halfpenny (pronounced / ˈ h eɪ p ən i /), once abbreviated ob. (from the Latin 'obulus'), [1] is a discontinued denomination of sterling coinage worth 1 / 480 of one pound, 1 / 24 of one shilling, or 1 / 2 of one penny.
In 1946, due to costs incurred during World War II, [citation needed] the silver content of the coins was reduced from 0.925 to 0.500 of the coin weight, [citation needed] which lasted until decimalisation on 14 February 1966. One coin highly sought-after by collectors is the 1930 penny. [1] [2]
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. [1]
The crown, half crown, florin, shilling, and sixpence were cupronickel coins (in historical times silver or silver alloy); the penny, halfpenny, and farthing were bronze; and the threepence was a twelve-sided nickel-brass coin (historically it was a small silver coin). Some of the pre-decimalisation coins with exact decimal equivalent values ...
The bronze coins weighed 5.5–5.8 grams and were 25 millimetres in diameter. The bronze coins also featured the denomination HALF PENNY on the reverse for the first time, with the date in the exergue beneath Britannia.
Both mintages were low compared with earlier George VI pennies, and London dealers descended on the islands, offering a pound a coin. [37] Collecting coins by date (especially the penny) became popular in the early 1960s; after many bold claims about the investment potential of the 1951 penny were made, the coin acquired something of a cult ...
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