Common: 10,000,000 or more minted. Sells often: 94 verified sales in the last 12 months.
½ Penny - George VI with 'IND:IMP' (1937–1948)
"Golden Hind halfpenny"
| Country | United Kingdom |
| Year | 1937–1948 |
| Denomination | ½ Penny |
| Mintage by year |
Scarcest year: 21,266,400 struck
|
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Demonetised | 1969 |
| Composition | Bronze |
| Weight | 5.670g |
| Diameter | 25.5mm |
| Thickness | 1.30mm |
| Shape | Round |
| Edge | Plain |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Thomas Humphrey Paget |
| Rev. artist | Thomas Humphrey Paget |
| Grade scale | UK (EF/UNC) |
| Tags | Boat or watercraft |
Uncrowned portrait of King George VI facing left, legend around.
GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP.
Three-masted ship sailing left, denomination above, date below.
HALF PENNY
Halfpenny - George VI with 'IND:IMP' market value
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AffiliateHalfpenny - George VI with 'IND:IMP' price history
Daily limit reachedHalfpenny - George VI with 'IND:IMP' value by year
1937 to 1948 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1937 | 24,504,000 | £2.83 | £12.94 | 21 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1938 | 40,320,000 | £2.20 | £28.14 (1) | 9 | |
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VF£12.50EF£28.00UNC£95.00
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| 1939 | 28,924,800 | £1.80 type | £12.94 type | ||
| 1940 | 32,162,400 | £1.80 type | £12.94 type | ||
| 1941 | 45,120,000 | £1.79 | £12.94 type | 7 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1942 | 71,908,800 | £1.81 | £12.94 type | 21 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1943 | 76,200,000 | £1.63 | £12.94 type | 13 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1944 | 81,840,000 | £1.37 | £12.94 type | 14 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1945 | 57,000,000 | £3.00 | £12.94 type | 9 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1946 | 22,725,600 | £1.80 type | £12.94 type | ||
| 1947 scarcest | 21,266,400 | £1.80 type | £12.94 type | ||
| 1948 | 26,947,200 | £1.80 type | £12.94 type | ||
One row for each year the ½ Penny - George VI with 'IND:IMP' 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.
Halfpenny - George VI with 'IND:IMP' 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 | £4.97 🔒 eBay | £16.56 (2) | – | £4.97 – £28.14 | 2 | 2 | 08-08-2026 | |
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| EF | £3.84 🔒 eBay | £3.42 | – | £2.67 – £4.52 | 4 | 4 | 30-08-2026 | |
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| VF | £1.79 🔒 eBay | £2.67 | ▲51.7% | £0.16 – £10.75 | 78 | 78 | 12-10-2026 | |
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| aUNC | £0.75 🔒 eBay | £0.75 (1) | – | £0.75 – £0.75 | 1 | 1 | 08-07-2026 | |
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| PR-65 | £12.94 🔒 eBay | £12.94 | – | £12.94 – £17.22 | 9 | 9 | 15-09-2026 | |
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About the 1937 Halfpenny - George VI with 'IND:IMP'
The 1937 Halfpenny - George VI with 'IND:IMP' is a circulating ½ penny coin issued from 1937 to 1948, struck in bronze. It weighs 5.67g and measures 25.5mm across. Reverse design: Three-masted ship sailing left, denomination above, date below.
Mintage figures are recorded for 12 years between 1937 and 1948, 528,919,200 coins in all. 1947 is the scarcest date, with 21,266,400 struck. It is no longer legal tender (withdrawn 1969), so its value is to collectors only.
Common questions
How much is the 1937 Halfpenny - George VI with 'IND:IMP' worth?
Verified sold prices for the 1937 Halfpenny - George VI with 'IND:IMP' run from £0.75 to £16.56 across 5 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one.
What ship is on the George VI halfpenny?
Sir Francis Drake's Golden Hind. Humphrey Paget designed it in 1936, originally for the half crown, and the Royal Mint Museum says it was approved instead for the halfpenny, which carried it from 1937 until decimalisation.
Which George VI halfpenny with IND IMP has the lowest mintage?
1947, at 21,266,400 according to Coin Hunter, followed by 1946 at 22,725,600 and 1937 at 24,504,000. Every date is still a common coin, and the wartime years ran far higher, reaching 81,840,000 in 1944.
When did the old halfpenny stop being legal tender?
The Royal Mint Museum says the halfpenny ceased to be legal tender from 31 July 1969. It was withdrawn before Decimal Day because it had no role in the new system and clashed in size with the 2p.
Are there varieties of the 1940 halfpenny?
Yes. Tony Clayton records that small design changes were made from year to year on this type, and that at least two varieties are known dated 1940. He does not describe how to tell them apart, so a specialist catalogue is needed.
How do I identify the 1937 Halfpenny - George VI with 'IND:IMP'?
Check the weight 5.67g and diameter 25.5mm and the metal (bronze) against the specification table on this page. The reverse design is described above.
History and design
For more than two centuries the halfpenny had shown Britannia. The Royal Mint Museum records that she gave way in 1937, when a sailing ship was adopted for the halfpenny and a wren for the farthing. The royal proclamation of 18 March 1937 set the new reverse as the representation of a sailing ship with the words HALF PENNY and the date, with a plain edge.
This first George VI type ran every year from 1937 to 1948, and Coin Hunter's year pages give 528,919,200 coins in total. War drove the numbers up: from 24,504,000 in 1937 the output climbed to 71,908,800 in 1942, 76,200,000 in 1943 and 81,840,000 in 1944, before falling back. The lowest date is 1947 at 21,266,400, with 1946 close behind at 22,725,600.
The reverse is Humphrey Paget's Golden Hind, the ship of Sir Francis Drake, sailing left with HALF PENNY above and the date below. The Royal Mint Museum says Paget produced the design in 1936, originally intended for the half crown, before it was approved for the halfpenny; Wikipedia notes it first appeared on Edward VIII's pattern halfpenny. It stayed on the coin until decimalisation.
Paget also made the obverse, the uncrowned bust of George VI facing left. The Royal Mint Museum notes he produced it in little more than a month after the abdication. The legend reads GEORGIVS VI D:G:BR:OMN:REX F:D:IND:IMP., the final words naming the King as Emperor of India.
Varieties and errors
Tony Clayton notes minor design changes from one year to the next, and at least two varieties dated 1940. Matte proofs of 1937 also exist and are rare.
Collecting notes
All dates are common in circulated grades. The coronation proof sets of 1937 included a halfpenny, and Clayton lists rare proofs for most later dates.
The Royal Mint Museum explains that the halfpenny was withdrawn ahead of Decimal Day because it clashed in size with the 2p, and it ceased to be legal tender from 31 July 1969. The 1949 to 1952 halfpenny without IND IMP follows this type.
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 VI (year pages 1937 to 1948, read one by one), Coin Hunter (read 10 Oct 2026)
- Decimalisation, Royal Mint Museum (read 10 Oct 2026)
- Halfpenny (British pre-decimal coin), Wikipedia (read 10 Oct 2026)
- Proclamation giving currency to a new threepenny piece and determining new designs for gold, silver and bronze coins (London Gazette issue 34381), The Gazette (read 10 Oct 2026)
- Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
- Halfpenny and farthing, Royal Mint Museum (read 10 Oct 2026)
- The Halfpenny, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- UK Coins of George VI, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Great Britain 1937 half penny, CoinVarieties (read 10 Oct 2026)
- Great Britain 1941 half penny, CoinVarieties (read 10 Oct 2026)