Guide
Half Crown Values UK: 1551–1967, Sterling to Cupronickel
The half crown was struck for over 400 years, from Edward VI in 1551 to Elizabeth II in 1967, and was the largest circulating silver coin most Britons handled in the 19th and 20th centuries. The denomination was demonetised on 1 January 1969 because its value of 2/6 (12.5p) did not convert cleanly to decimal currency. This guide covers the sterling-silver pre-1920 era, the .500 silver wartime alloy 1920-1946, the cupronickel 1947-1967 era, key dates and silver content.
Reviewed by Connor Jones, Editor
Last updated:
Wondering what a half crown was worth in today’s money? A half crown was 2s 6d — 12½p decimal. In 1900 it bought roughly what £20 buys today.
Convert any amount and year (1751–2024) with our
old money in today’s money converter.
This guide covers the other question: what the physical coins are worth to collectors.
In brief. Pre-1920 sterling silver (92.5% Ag, 13.08 g silver per coin): £5-15 worn,
£80-300 BU. 1920-1946 .500 silver (7.07 g silver): £5-12 worn.
1947-1967 cupronickel: £2-6. Key dates: 1817 Bull Head, 1839 Una and Lion proof,
1905 Edward VII, 1934 George V. Demonetised 1 January 1969, the first pre-decimal coin withdrawn ahead of
Decimal Day.
Three metal eras
| Era | Composition | Silver per coin | Junk-silver value (at £25/oz) |
|---|---|---|---|
| Pre-1920 | .925 sterling silver | 13.08 g | £10.50 |
| 1920-1946 | .500 silver (wartime alloy) | 7.07 g | £5.70 |
| 1947-1967 | Cupronickel (no silver) | 0 g | N/A |
Key dates
| Year | Description | Realised |
|---|---|---|
| 1817 | George III "Bull Head" | £200-800 |
| 1839 | Victoria Una and the Lion proof set | £3,500-7,000+ |
| 1839 | Victoria Coronation proof half crown standalone | £1,500-3,500 |
| 1862 | Victoria Young Head, lowest-mintage date | £500-1,200 |
| 1905 | Edward VII, lowest Edwardian mintage | £200-2,000 |
| 1934 | George V key date | £100-400 |
| 1937 | George VI Coronation proof set | £30-90 |
| 1947 | First-year cupronickel | £5-15 BU |
| 1953 | Elizabeth II Coronation specimen set | £30-80 |
| 1967 | Final year of production | £3-12 BU |
Featured half crowns on MyCoinage
Frequently asked questions
How much is a pre-decimal half crown worth?
A common-date pre-1920 sterling silver half crown trades at £5-15 in worn condition based on silver content (.925 sterling, 13.05 g of silver, melt value about £10.50 at current spot). A pre-1947 .500 silver half crown trades at £5-12 (silver content 7.07 g, melt value £5.70). Post-1947 cupronickel half crowns trade at £2-6, numismatic premium only. Mint-state silver half crowns command much higher premium: BU sterling Victorian half crowns trade at £80-300; key Edwardian and George V dates at £120-450; Coronation proofs and pattern pieces at £500-2,500+.
When was the half crown demonetised?
The half crown ceased to be legal tender on 1 January 1969, two years before Decimal Day on 15 February 1971. It was the first pre-decimal coin to be officially withdrawn ahead of the decimal transition because 2 shillings 6 pence (the half crown's value) did not convert cleanly to a decimal denomination, it would have been 12.5p, an awkward fraction. The Royal Mint final year of half crown production was 1967; coins dated 1968-1970 do not exist. Most banks would not exchange half crowns at face value after 1970 and they have been collectables only since.
What is the rarest half crown?
In Victorian: the 1839 proof half crown from the Una and the Lion proof set is one of the most-collected pre-Victorian half crowns; auction realisations £3,500-7,000+. The 1905 Edward VII half crown is the lowest-mintage Edwardian half crown at 166,008 and trades at £200-500 in worn grade, £800-2,000 in BU. Among George V: the 1934 half crown (mintage 4.4 million) is the rarest pre-1947 silver half crown of the modern era. The 1953 Coronation specimen half crown in original plastic case trades at £30-80. The 1817 "Bull Head" George III half crown is the famous early-modern key date.
Are half crowns silver?
Pre-1920: .925 sterling silver (92.5% silver). 1920-1946: .500 silver (50% silver, 50% copper, the wartime alloy). 1947-1967: cupronickel (75% copper, 25% nickel). The change in 1920 was driven by post-WWI silver shortages and US silver-loan repayment; the change in 1947 by the same dynamic post-WWII. Silver content of pre-1920 sterling: 13.05 g per coin (the biggest silver coin in pre-decimal British circulation outside the crown). Silver content of 1920-1946: 7.07 g per coin. The diameter (32 mm) and weight (14.14 g) stayed constant across all three eras; only the metal composition changed.
How can I tell if my half crown is silver or cupronickel?
Date is the most reliable test. Pre-1947 = silver (sterling pre-1920, .500 1920-1946); 1947 onwards = cupronickel. Other tests: (1) Lustre: silver has a brighter, whiter sheen; cupronickel is yellower and duller. (2) Specific gravity: sterling silver = 10.4 g/cm³; .500 silver = 9.7 g/cm³; cupronickel = 8.9 g/cm³. Use water displacement on a precision scale. (3) Sound test: silver rings clearly when balanced on a fingertip; cupronickel sounds duller. Magnet test alone is not decisive (cupronickel is also non-magnetic). For high-value coins the specific-gravity test is decisive but requires careful technique.
How much silver is in a pre-1920 sterling half crown?
A pre-1920 sterling half crown weighs 14.14 g total of which 13.08 g is pure silver (.925 fine). At a silver spot price of £25/oz, the melt value is approximately £10.50. The pre-1920 half crown is the largest pre-decimal silver coin most Britons will encounter (the larger silver crown is much rarer). A bag of pre-1920 sterling half crowns is one of the densest "junk silver" holdings available to UK collectors. See our junk silver UK coins guide for the full breakdown of pre-1947 silver values.
What is on the reverse of a half crown?
Each monarch had a different half crown reverse. George III: arms in spade-shape ("Bull Head" 1817). George IV: arms in mantle. William IV: arms in mantle. Victoria Young Head: shield reverse. Victoria Jubilee Head: shield with lion. Victoria Veiled Head: shield in mantle. Edward VII: royal arms in mantle. George V: royal arms in mantle. George VI: royal arms by George Kruger Gray. Elizabeth II: royal arms in shield by Edgar Fuller and Cecil Thomas. The half crown reverse is the most architectural of all UK pre-decimal denominations, full royal arms typically rendered in detail.
Are there silver proof half crowns?
Yes, the Royal Mint struck silver proof half crowns for inclusion in proof sets across most reigns. Notable examples: 1839 Victoria Coronation proof (mintage estimated 400) at £1,500-3,500; 1902 Edward VII Coronation proof (mintage 15,123) at £200-500; 1937 George VI Coronation proof (mintage 26,402 in proof sets) at £30-90; 1953 Elizabeth II Coronation specimen-set half crown at £30-80. Silver matt proofs were also struck for VIP presentation in tiny numbers (10-50 pieces typically) and command four-figure premiums when offered at auction.
Where can I sell a half crown collection?
For pre-1947 silver half crowns as junk silver: bullion dealers and junk-silver buyers pay roughly £5-10 per .500 silver coin and £9-15 per sterling pre-1920 coin based on melt. For mint-state Victorian, Edwardian and George V dates: UK numismatic auction houses (Spink, Baldwin's, Noonans). For 1817 Bull Head George III, 1839 Una and the Lion proof, and other key dates: consign to a major auction house for the strongest realisation. eBay UK works for common-date silver half crowns sold individually or in lots. See our where to sell rare coins UK guide.
Why was the half crown worth two shillings and sixpence?
The half crown was first struck in 1551 under Edward VI at half the value of the silver crown (5 shillings). By the time of the milled coinage of Charles II (1662), the half crown was firmly established at 2 shillings and 6 pence (2/6, or 30 pence in old money). The denomination matched the daily wage of an artisan labourer in the late 17th century, making it a useful "large transaction" coin. The half crown remained a major circulating denomination through the Industrial Revolution and into the 20th century. The decimal transition could not preserve the half crown because its value of 12.5p was not a clean decimal fraction, hence the demonetisation on 1 January 1969.
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