½ New Penny - Elizabeth II 2nd portrait obverse
Obverse
½ New Penny - Elizabeth II 2nd portrait reverse
Reverse
Common 💧 Sells often

Common: 10,000,000 or more minted. Sells often: 39 verified sales in the last 12 months.

½ New Penny - Elizabeth II 2nd portrait (1971–1981)

CountryUK Year1971–1981 Denom½ Penny Mintage1,394,188,250 MintRoyal Mint MetalBronze (97% Cu, 2.5% Zn, 0.5% Sn)
Verified by the MyCoinage editor · realised auction prices only · last refreshed .
CountryUnited Kingdom
Year1971–1981
Denomination½ Penny
Face value0.5p
Mintage by year
  • 19711,394,188,250
  • 1973365,680,000
  • 1974365,448,000
  • 1975197,600,000
  • 1976412,172,000
  • 197766,368,000
  • 197859,532,000
  • 1979219,132,000
  • 1980202,788,000
  • 198146,748,000
Scarcest year: 46,748,000 struck
MintRoyal Mint · Llantrisant
CirculationCirculating
Demonetised1984
CompositionBronze (97% Cu, 2.5% Zn, 0.5% Sn)
Weight1.780g
Diameter17.1mm
Thickness1.07mm
ShapeRound
EdgePlain
OrientationMedal alignment ↑↑
Obv. artistArnold Machin
Rev. artistChristopher Ironside
Grade scaleUK (EF/UNC)
Obverse

Second crowned portrait of Queen Elizabeth II right, wearing the Girls of Great Britain and Ireland tiara, legend around.

Reverse

Central crown of St. Edward, denomination in letters above and numerals below.

Half New Penny - Elizabeth II market value

£0.99
▼ 44.4% 30d
Median of 7 verified VF sales, the grade that sells most often. 17 sales across 4 grades.
Grade range £1 – £2
Lowest grade Highest grade
Last sale 13 days ago View price history →

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Half New Penny - Elizabeth II price history

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Year

Half New Penny - Elizabeth II value by year

1971 to 1981 · median sold prices
Year Mintage Circulated Uncirculated Sales
1971 1,394,188,250 £1.78 £2.00 14
VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1971 coin's sales by grade, and the chart filtered to one year
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1973 365,680,000 £0.99 £2.00 type 5
VF£12.50EF£28.00UNC£95.00
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1974 365,448,000 £1.44 £1.81 (1) 4
VF£12.50EF£28.00UNC£95.00
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1975 197,600,000 £0.99 (1) £2.24 (1) 2
VF£12.50EF£28.00UNC£95.00
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1976 412,172,000 £0.99 £2.00 type 9
VF£12.50EF£28.00UNC£95.00
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1977 66,368,000 £1.44 type £2.00 type
1978 59,532,000 £1.44 type £2.00 type
1979 219,132,000 £1.69 £1.99 (1) 4
VF£12.50EF£28.00UNC£95.00
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1980 202,788,000 £2.88 (1) £2.00 type 1
VF£12.50EF£28.00UNC£95.00
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1981 scarcest 46,748,000 £1.44 type £2.00 type

One row for each year the ½ New Penny - Elizabeth II 2nd portrait 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; years with no sales yet fill in as sales are recorded. 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 New Penny - Elizabeth II 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
UNC £1.11 🔒 eBay £2.00 – £1.11 – £44.34 3 3 15-07-2026
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EF £2.46 🔒 eBay £2.46 (2) – £2.46 – £2.46 2 2 15-08-2026
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VF £2.03 🔒 eBay £0.99 ▼44.4% £0.37 – £4.96 29 29 14-10-2026
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PR-65 £1.99 🔒 eBay £1.99 – £1.55 – £2.65 5 5 09-09-2026
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⭐ Pro: see all 39 dated sale records behind these medians, with source links and lot references.
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Pricing Data
4 grades · last updated 27 Oct 2026

About the 1971 Half New Penny - Elizabeth II

The 1971 Half New Penny - Elizabeth II is a circulating ½ penny coin issued from 1971 to 1981, struck in bronze (97% Cu, 2.5% Zn, 0.5% Sn). It weighs 1.78g and measures 17.14mm across. Reverse design: Central crown of St. Edward, denomination in letters above and numerals below.

Mintage figures are recorded for 10 years between 1971 and 1981, 3,329,656,250 coins in all. 1981 is the scarcest date, with 46,748,000 struck. It is no longer legal tender (withdrawn 1984), so its value is to collectors only.

Common questions

How much is the 1971 Half New Penny - Elizabeth II worth?

Verified sold prices for the 1971 Half New Penny - Elizabeth II run from £0.99 to £2.46 across 4 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.

Is the decimal halfpenny still legal tender?

No. The Royal Mint says the decimal halfpenny was removed from circulation in 1984, and Wikipedia records that it was demonetised and withdrawn in December of that year. A halfpenny of any date can no longer be spent.

How many 1971 half new pence coins were made?

The Royal Mint's mintage figures give 1,394,188,250 for 1971, by far the highest of any date. The ten circulating NEW PENNY dates from 1971 to 1981 total 3,329,656,250 coins.

Which year of the half new penny is the scarcest?

Among the NEW PENNY dates struck for circulation it is 1981, with 46,748,000 in the Royal Mint's figures, followed by 1978 at 59,532,000 and 1977 at 66,368,000. No halfpenny was issued for circulation dated 1972.

Who designed the decimal halfpenny?

Christopher Ironside designed the reverse, which shows St Edward's Crown with NEW PENNY above and the fraction below. It was one of his designs chosen for the decimal coinage. The portrait of the Queen on the obverse is by Arnold Machin.

Why was the halfpenny withdrawn?

It had become unpopular. Wikipedia, citing a BBC report, says the halfpenny soon became Britain's least favourite coin, although the Treasury had argued that it helped against inflation by stopping prices being rounded up. It was withdrawn in December 1984.

How do I identify the 1971 Half New Penny - Elizabeth II?

Check the weight 1.78g and diameter 17.14mm and the metal (bronze (97% Cu, 2.5% Zn, 0.5% Sn)) against the specification table on this page. The reverse design is described above.

History and design

The decimal halfpenny was introduced on 15 February 1971, Decimal Day, with the 1p and 2p. The Royal Mint says a halfpenny was included because it was thought the smaller denomination would aid familiarity between the new coinage and the old. One new halfpenny equalled 1.2 old pence, which let low prices be converted more closely and kept the sixpence usable at 2½p.

The coin was not loved. The Royal Mint Museum records that the only discordant note on Decimal Day was criticism of the small size of the ½p and a fear that traders had put up prices.

The Royal Mint's figures give 1,394,188,250 coins dated 1971, struck in advance at Llantrisant. No halfpenny was issued for circulation dated 1972. Striking then ran every year from 1973 to 1981, and the ten circulating NEW PENNY dates total 3,329,656,250.

Christopher Ironside designed the reverse, one of the set chosen for the decimal coinage. It shows St Edward's Crown, with NEW PENNY above and the fraction ½ below.

The obverse carries Arnold Machin's portrait of the Queen, used on decimal coins until 1984. The coin is bronze with a plain edge. From 1982 the wording above the crown changed to HALF PENNY.

Collecting notes

At 17.14mm and 1.78g this was the smallest decimal coin in size as well as value. It cannot be spent: the Royal Mint says the decimal halfpenny was removed from circulation in 1984, and Wikipedia records that it was demonetised in December of that year.

By mintage the type falls into two groups. The dates 1971, 1973 to 1976, 1979 and 1980 each have figures above 190 million, while 1977, 1978 and 1981 are all below 70 million, with 1981 the lowest at 46,748,000.

The scarcest circulating halfpenny of all is not in this type. The Royal Mint's figures give 7,600,000 for 1983, which belongs to the later HALF PENNY coins of 1982 to 1984.

Sources

The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.

  1. UK coin mintage figures (data file), The Royal Mint (read 9 Oct 2026)
  2. The Making of Modern Britain: Elizabeth II Decimal Halfpenny Coin, The Royal Mint (read 9 Oct 2026)
  3. Decimalisation, Royal Mint Museum (read 9 Oct 2026)
  4. Arnold Machin, Royal Mint Museum (read 9 Oct 2026)
  5. Halfpenny (British decimal coin), Wikipedia (read 9 Oct 2026)
  6. 1p Coin Designs and Specifications, The Royal Mint (read 9 Oct 2026)

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