Elite: fewer than 10,000 minted. Sells occasionally: 4 verified sales in the last 12 months.
4 Pence - George V 2nd Maundy issue (1921–1927)
| Country | United Kingdom |
| Year | 1921–1927 |
| Denomination | 4 Pence |
| Mintage | 1,542 |
| Mint | Royal Mint · Llantrisant |
| Series | Maundy Money |
| Circulation | Non-circulating |
| Composition | Silver (.500) (500/1000 fine) |
| Weight | 1.890g · 0.0304 t oz |
| Diameter | 18.0mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Bertram Mackennal |
| Rev. artist | Jean Baptiste Merlen |
| Grade scale | UK (EF/UNC) |
Uncrowned portrait of King George V left, legend around.
Crowned denomination dividing date within oak wreath.
4 Pence - George V 2nd Maundy issue market value
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Daily limit reached4 Pence - George V 2nd Maundy issue value by year
1921 to 1927 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1921 | Not recorded | £16.56 (1) | 1 | ||
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1921 coin's sales by grade, and the chart filtered to one year
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| 1925 | Not recorded | £50.00 (1) | 1 | ||
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1925 coin's sales by grade, and the chart filtered to one year
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| 1926 | Not recorded | £30.04 (1) | 1 | ||
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1926 coin's sales by grade, and the chart filtered to one year
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| 1927 | Not recorded | £29.04 (1) | 1 | ||
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1927 coin's sales by grade, and the chart filtered to one year
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One row for each year the 4 Pence - George V 2nd Maundy issue was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.
4 Pence - George V 2nd Maundy issue value by grade
Realised auction prices · ⭐ Pro Expand rows for individual sale records| Grade | Latest | Median | 30d Δ | All-time range | Sales (1yr) | Total sales | Last sale | |
|---|---|---|---|---|---|---|---|---|
| VF | £50.00 🔒 eBay | £29.54 | – | £16.56 – £50.00 | 4 | 4 | 20-09-2026 | |
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About the 1921 4 Pence - George V 2nd Maundy issue
The 1921 4 Pence - George V 2nd Maundy issue is a collector 4 pence coin issued from 1921 to 1927 in the Maundy Money series, struck in 50% silver. It weighs 1.89g and measures 18mm across. Reverse design: Crowned denomination dividing date within oak wreath.
A mintage of 1,542 is recorded for one date of this type; figures for each year are not held.
Common questions
How much is the 1921 4 Pence - George V 2nd Maundy issue worth?
The 1921 4 Pence - George V 2nd Maundy issue has a price in one grade on MyCoinage so far: £29.54 in VF, the median of its verified sales. Its silver content is worth about £1.22 at today's spot price, which puts a floor under its value.
How much silver is in a 1921 to 1927 Maundy fourpence?
Half. Wikipedia records that Maundy coins followed the circulating silver from sterling to 0.500 fineness in 1921, and Tony Clayton's value list starts the 50% silver type that year. Sterling silver returned to Maundy money only in 1947.
How many 1923 Maundy fourpences were made?
CoinVarieties, drawing on the Krause and Spink catalogues, records 1,635 for 1923. Figures for the other dates of this type could not be confirmed from a published reference, though all of them are small because only recipients and officials received sets.
Are George V Maundy fourpences rare?
The mintages are tiny, but CoinVarieties points out that most Maundy sets were carefully kept by their recipients, so the coins are more available than the numbers suggest. Tony Clayton notes that Maundy coins rarely turn up in worse than VF condition.
Is the Maundy fourpence still legal tender?
Yes. Wikipedia notes that pre-decimal Maundy pieces share the legal tender status of modern ones and were revalued in new pence at decimalisation in 1971, so this fourpence counts as 4p. In practice they never appear in change.
How do I identify the 1921 4 Pence - George V 2nd Maundy issue?
Check the weight 1.89g and diameter 18mm and the metal (50% silver) against the specification table on this page. The reverse design is described above.
History and design
Maundy money is struck for the Royal Maundy service held on the Thursday before Easter, when the monarch's purses of silver pence are given to elderly recipients. The Royal Mint Museum explains that the white purse holds as many pence as the monarch has years, made up from fourpences, threepences, twopences and pennies.
This second George V type exists because of the 1920 debasement. The Royal Mint Museum records that wartime silver prices made sterling coinage uneconomic, and the Silver Coinage Act of 1920 cut the standard to 0.500. Wikipedia dates the change for Maundy coins to 1921, and Tony Clayton's value list puts the 50% silver Maundy type at 1921 to 1927. The fourpence kept the original portrait throughout.
Mintages stayed small because sets had been restricted to recipients and officials since 1909. CoinVarieties records 1,635 fourpences for 1923.
The obverse is Bertram Mackennal's bare-headed portrait of George V facing left, with his initials BM on the truncation according to TreasureRealm. This is the original effigy; Clayton places the modified Maundy effigy from 1928.
The reverse is the traditional crowned numeral 4 dividing the date within an oak wreath. Wikipedia credits it to Jean Baptiste Merlen in 1822, with the crown revised by Leonard Charles Wyon in 1888.
Collecting notes
Maundy fourpences are usually collected in four-coin sets. CoinVarieties notes that most sets were kept by their recipients, so the coins are more available than their mintages suggest. Check for toning, edge knocks and mounting marks rather than wear.
The 50% silver coins look the same as the sterling ones, so the date is the guide: 1920 and earlier is sterling. No recognised varieties or mint errors are documented for this coin. The 1928 to 1936 Maundy fourpence carries the modified portrait.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- George V, Royal Mint Museum (read 10 Oct 2026)
- Initials on British coins, TreasureRealm (read 10 Oct 2026)
- Royal Maundy, Wikipedia (read 10 Oct 2026)
- Great Britain 1923 4 pence, CoinVarieties (read 10 Oct 2026)
- Values of Maundy Sets, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Maundy Money, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Coins of the pound sterling, Wikipedia (read 10 Oct 2026)
- Maundy Money, Royal Mint Museum (read 10 Oct 2026)