Common: 10,000,000 or more minted. Sells often: 334 verified sales in the last 12 months.
½ Crown - George V 2nd type (1920–1926)
| Country | United Kingdom |
| Year | 1920–1926 |
| Denomination | ½ Crown |
| Face value | 12.5p |
| Mintage by year |
Scarcest year: 1,413,400 struck
|
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Demonetised | 1969 |
| Composition | Silver (.500) (500/1000 fine) |
| Weight | 14.140g · 0.2273 t oz |
| Diameter | 32.3mm |
| Thickness | 2.15mm |
| Shape | Round |
| Edge | Milled |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Bertram Mackennal, Edgar Bertram MacKennal |
| Rev. artist | George William de Saulles |
| Grade scale | UK (EF/UNC) |
| Tags | Cat or feline Crown Coat of Arms |
Uncrowned portrait of King George V left, legend around.
GEORGIVS V DEI GRA BRITT OMN REX
Crowned quartered shield of arms within Garter band, legend around, divided date below.
FID DEF IND IMP HALF CROWN
Half Crown - George V 2nd type market value
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AffiliateHalf Crown - George V 2nd type price history
Daily limit reachedHalf Crown - George V 2nd type value by year
1920 to 1926 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1920 | 17,983,000 | £10.80 | £100.00 | 93 | |
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VF£12.50EF£28.00UNC£95.00
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| 1921 | 23,677,800 | £9.91 | £7.50 (1) | 76 | |
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VF£12.50EF£28.00UNC£95.00
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| 1922 | 16,396,700 | £9.73 | £5.44 (1) | 54 | |
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VF£12.50EF£28.00UNC£95.00
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| 1923 | 26,308,500 | £10.80 | £41.25 (2) | 72 | |
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VF£12.50EF£28.00UNC£95.00
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| 1924 | 5,866,200 | £13.74 | £90.00 type | 24 | |
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VF£12.50EF£28.00UNC£95.00
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| 1925 scarcest | 1,413,400 | £15.74 | £90.00 type | 32 | |
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VF£12.50EF£28.00UNC£95.00
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| 1926 | 4,473,500 | £26.05 (2) | £90.00 type | 2 | |
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VF£12.50EF£28.00UNC£95.00
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One row for each year the ½ Crown - George V 2nd type 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.
Half Crown - George V 2nd type 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 | |
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| UNC | £13.50 🔒 eBay | £70.00 | – | £13.50 – £130.00 | 1 | 12 | 13-07-2026 | |
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| EF | £35.00 🔒 | £34.49 | – | £19.31 – £40.00 | 6 | 8 | 02-10-2026 | |
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| VF | £17.10 🔒 eBay | £10.80 | ▲9.8% | £2.64 – £160.00 | 297 | 301 | 16-10-2026 | |
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| F | £21.50 🔒 eBay | £21.50 | ▲99.3% | £6.50 – £64.68 | 20 | 21 | 10-10-2026 | |
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| VG | £13.45 🔒 eBay | £12.73 | – | £12.00 – £14.95 | 6 | 6 | 21-08-2026 | |
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| Fair | £5.44 🔒 eBay | £7.50 | – | £5.44 – £7.55 | 3 | 3 | 22-08-2026 | |
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| MS-62 | £69.00 🔒 eBay | £69.00 (1) | – | £69.00 – £69.00 | 1 | 1 | 16-08-2026 | |
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| MS-63 | £185.00 🔒 | £185.00 (1) | – | £185.00 – £185.00 | 0 | 1 | 07-09-2025 | |
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About the 1920 Half Crown - George V 2nd type
The 1920 Half Crown - George V 2nd type is a circulating ½ crown coin issued from 1920 to 1926, struck in 50% silver. It weighs 14.14g and measures 32.3mm across. Reverse design: Crowned quartered shield of arms within Garter band, legend around, divided date below.
Mintage figures are recorded for 7 years between 1920 and 1926, 96,119,100 coins in all. 1925 is the scarcest date, with 1,413,400 struck. It is no longer legal tender (withdrawn 1969), so its value is to collectors only.
Common questions
How much is the 1920 Half Crown - George V 2nd type worth?
Verified sold prices for the 1920 Half Crown - George V 2nd type run from £7.50 to £185 across 8 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its silver content is worth about £9.07 at today's spot price, which puts a floor under its value.
Which 1920 to 1926 half crown is the rarest?
1925, with 1,413,461 struck according to both Coin Hunter and Wikipedia's table from Coin Yearbook. It is by far the lowest date of the type, and Tony Clayton's value tables put it well above every other date in this run, with 1924 and 1926 next.
How do I tell an old effigy 1926 half crown from a modified effigy one?
Look at the BM initials on the truncation of the King's neck. Tony Clayton says they sit further right on the modified effigy and lose their full stops. TreasureRealm adds that the border beads reach further inwards on the modified coins.
Why are these half crowns only half silver?
The price of silver rose so high after the First World War that sterling coin was close to costing more than it was worth. The Silver Coinage Act of 1920 cut the silver to .500, and the Royal Mint struck the new alloy from April 1920.
Is a 1920s half crown still legal tender?
No. The half crown was not carried into decimal coinage. The Royal Mint Museum says it ceased to be legal tender in January 1970, more than a year before Decimal Day in February 1971.
How do I identify the 1920 Half Crown - George V 2nd type?
Check the weight 14.14g and diameter 32.3mm and the metal (50% silver) against the specification table on this page. The reverse design is described above.
History and design
In 1919 the price of silver approached the point at which sterling coin would cost more to make than its face value. The Royal Mint Museum records that the Silver Coinage Act of 1920 reduced the fineness from .925 to .500, and that the Mint struck the new alloy for the first time in April 1920. This half crown is the 1911 design struck in that debased metal.
Tony Clayton says the new alloy did not wear well at first and was modified later; the museum notes three different .500 alloys in the first two years.
Coin Hunter and Wikipedia's Coin Yearbook table agree on every date. Output was high to 1923, with 26,308,526 that year, then fell to 5,866,294 in 1924 and 1,413,461 in 1925, the lowest of the type. Their 1926 figure of 4,473,516 covers both this portrait and the modified effigy introduced that year, with no published split.
The designs are those of the 1911 proclamation. The reverse shows the royal arms in a crowned shield within the Garter, inscribed HONI SOIT QUI MAL Y PENSE, with FID DEF IND IMP, HALF CROWN and the date. Clayton says this reverse was carried over from Edward VII's half crown.
The obverse is Bertram Mackennal's original bare head, signed B.M. on the truncation, with GEORGIVS V DEI GRA BRITT OMN REX. It is in fairly high relief, which the Royal Mint Museum says caused the ghosting problems that dogged the portrait. The edge is milled.
Varieties and errors
The 1926 date exists with two obverses. On this original effigy, Clayton says the B.M. on the truncation has full stops and sits further left; on the modified effigy it moves right and loses its stops. TreasureRealm adds that the modified border beading extends further inwards. Comparing a 1926 coin with a 1920 to 1925 example is the simplest test.
Collecting notes
1925 is the key date, followed by 1924 and 1926; the dates 1920 to 1923 are plentiful. Clayton notes that the early .500 alloy did not wear well. The modified effigy half crown has its own entry, the 1926 to 1927 modified effigy half crown. Half crowns ceased to be legal tender in January 1970.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- Coin values by year, George V (year pages 1920 to 1926, read one by one), Coin Hunter (read 10 Oct 2026)
- Old Effigy vs Modified Effigy Halfcrowns, Shillings, and Sixpence of George V, TreasureRealm (read 10 Oct 2026)
- Half crown (British coin), Wikipedia (read 10 Oct 2026)
- George V, Royal Mint Museum (read 10 Oct 2026)
- Initials on British coins, TreasureRealm (read 10 Oct 2026)
- Proclamation determining new designs for silver coins (23 January 1911), The London Gazette (read 10 Oct 2026)
- Half Crown, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Values of Half Crowns, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Half-crown, Royal Mint Museum (read 10 Oct 2026)
- Florin, Royal Mint Museum (read 10 Oct 2026)