Rare: fewer than 500,000 minted. Rarely sells: 1 verified sales in the last 12 months.
½ Sovereign - George IV 2nd reverse (1823–1825)
| Country | United Kingdom |
| Year | 1823–1825 |
| Denomination | ½ Sovereign |
| Face value | 50p |
| Mintage by year |
Scarcest year: 224,200 struck
|
| Mint | Royal Mint · Llantrisant |
| Series | Half Sovereign |
| Circulation | Circulating |
| Demonetised | 1891 |
| Composition | Gold (.9167) (917/1000 fine) |
| Weight | 3.990g · 0.1176 t oz |
| Diameter | 19.0mm |
| Shape | Round |
| Edge | Milled |
| Orientation | Coin alignment ↑↓ |
| Obv. artist | Benedetto Pistrucci |
| Rev. artist | Jean Baptiste Merlen |
| Grade scale | UK (EF/UNC) |
Laureate portrait of King George IV left, legend around.
GEORGIUS IIII D: G: BRITANNIAR: REX F: D:
© Heritage Auctions
Half Sovereign - George IV 2nd reverse market value
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AffiliateHalf Sovereign - George IV 2nd reverse price history
Daily limit reachedHalf Sovereign - George IV 2nd reverse value by year
1823 to 1825 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1823 scarcest | 224,200 | £700.00 | £700.00 (1) | 10 | |
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1823 coin's sales by grade, and the chart filtered to one year
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| 1824 | 591,500 | £1,250.00 (1) | £700.00 type | 1 | |
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1824 coin's sales by grade, and the chart filtered to one year
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| 1825 | 761,100 | £775.00 type | £700.00 type | ||
One row for each year the ½ Sovereign - George IV 2nd reverse 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 Sovereign - George IV 2nd reverse 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 | |
|---|---|---|---|---|---|---|---|---|
| EF | £300.00 🔒 | £300.00 (1) | – | £300.00 – £300.00 | 0 | 1 | 05-09-2005 | |
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| VF | £1,250.00 🔒 eBay | £850.00 | – | £340.00 – £1,300.00 | 1 | 7 | 03-09-2026 | |
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| F | £380.00 🔒 | £380.00 (1) | – | £380.00 – £380.00 | 0 | 1 | 02-09-2018 | |
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| G | £1,100.00 🔒 | £1,100.00 (1) | – | £1,100.00 – £1,100.00 | 0 | 1 | 01-06-2014 | |
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| AU-55 | £700.00 🔒 | £700.00 (1) | – | £700.00 – £700.00 | 0 | 1 | 18-06-2024 | |
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About the 1823 Half Sovereign - George IV 2nd reverse
The 1823 Half Sovereign - George IV 2nd reverse is a circulating ½ sovereign coin issued from 1823 to 1825 in the Half Sovereign series, struck in 91.67% gold. It weighs 3.99g and measures 19mm across. Reverse design: © Heritage Auctions.
Mintage figures are recorded for 3 years between 1823 and 1825, 1,576,800 coins in all. 1823 is the scarcest date, with 224,200 struck. It is no longer legal tender (withdrawn 1891), so its value is to collectors only.
Common questions
How much is the 1823 Half Sovereign - George IV 2nd reverse worth?
Verified sold prices for the 1823 Half Sovereign - George IV 2nd reverse run from £300 to £1,100 across 5 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its gold content is worth about £352 at today's spot price, which puts a floor under its value.
How many George IV second reverse half sovereigns were made?
Coin Hunter gives 224,280 for 1823, 591,538 for 1824 and 761,150 for 1825, a total of 1,576,968. The 1823 is the smallest of the three and about the same size as the 1821 issue.
How does this half sovereign differ from the 1821 coin?
Both have Pistrucci's laureate head, but the 1821 reverse has an ornately garnished shield that made the coin easy to imitate with a gilded sixpence. Merlen's replacement for 1823 to 1825 is a plainer crowned shield.
Who designed the 1823 half sovereign?
The laureate portrait of George IV is by Benedetto Pistrucci and the plainer shield reverse is by Jean Baptiste Merlen, according to Wikipedia's account of the half sovereign, which cites Marsh.
Is the George IV half sovereign legal tender?
No. Wikipedia records that all gold coins from before Queen Victoria's reign were called in by Royal Proclamation on 22 November 1890 and stopped being legal tender on 28 February 1891.
How do I identify the 1823 Half Sovereign - George IV 2nd reverse?
Check the weight 3.99g and diameter 19mm and the metal (91.67% gold) against the specification table on this page. The reverse design is described above.
History and design
The half sovereign's first George IV reverse, used only in 1821, was withdrawn because a gilded sixpence could be passed off as one. Wikipedia, citing Marsh, records that when the half sovereign was next struck, in 1823, it carried a plainer shield designed by Jean Baptiste Merlen with Pistrucci's portrait unchanged, and that this version was also struck in 1824 and 1825.
Coin Hunter gives 224,280 for 1823, 591,538 for 1824 and 761,150 for 1825. Output rose each year as gold coin returned to everyday use: Wikipedia records that the Bank of England began encouraging the circulation of sovereigns in 1820, after a plan to keep gold out of circulation was abandoned.
The obverse keeps Benedetto Pistrucci's laureate head of George IV facing left, with GEORGIUS IIII D: G: BRITANNIAR: REX F: D: around it, as on the Royal Mint Museum's 1823 proof. The king disliked the portrait, and Pistrucci's refusal to copy a bust by Francis Chantrey ended his work on the coinage.
Merlen's reverse shows the crowned shield of the royal arms without the elaborate garnishing of 1821, with ANNO and the date. The shield carries the crowned arms of Hanover, since the British king also ruled Hanover until 1837. The coin is 22-carat gold with a milled edge.
Varieties and errors
The Royal Mint Museum holds an 1823 proof (RMM 1308), weighing 4.05 g with a milled edge. No mint errors are documented.
Collecting notes
Tony Clayton notes that George IV half sovereigns use two obverses and three reverses with no overlap within a single date, so the date alone identifies the type. This shield is the middle one: the 1821 ornate shield came before it and the bare head type of 1826 to 1828 after it.
The 1823 has the lowest mintage of the three dates. Check the laureate wreath and hair for wear and the shield's crown and quarters for knocks, and confirm weight and colour on any example, since gilded sixpences were passed as half sovereigns in this period. Like all pre-Victorian gold, these coins were demonetised from 28 February 1891.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- Sovereign (British coin), Wikipedia (read 12 Oct 2026)
- Half sovereign, Wikipedia (read 12 Oct 2026)
- Coin values by year, George IV (year pages 1823 to 1825), Coin Hunter (read 12 Oct 2026)
- George IV proof half-sovereign, 1823 (RMM 1308), The Royal Mint Museum, via Museum Data Service (read 12 Oct 2026)
- Ten Shillings: Half Sovereign, Tony Clayton, Coins of the UK (read 12 Oct 2026)
- Benedetto Pistrucci, Royal Mint Museum (read 12 Oct 2026)