50 New Pence - Elizabeth II (2nd portrait) 1969-1981 front 50 New Pence - Elizabeth II (2nd portrait) 1969-1981 back
50 New Pence - Elizabeth II (2nd portrait) 1969-1981 photo
© manxcat12

50 New Pence - Elizabeth II 2nd portrait

 
Copper-nickel (75% Cu, 25% Ni) 13.5 g 30 mm
Description
Issuer
United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
Queen
Elizabeth II (1952-2022)
Type
Standard circulation coin
Years
1969-1981
Value
50 Pence (0.50&nbspGBP)
Currency
Pound sterling (decimalized, 1971-date)
Composition
Copper-nickel (75% Cu, 25% Ni)
Weight
13.5 g
Diameter
30 mm
Thickness
2.45 mm
Shape
Equilateral curve heptagon (7-sided)
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
28 February 1998
Updated
2024-10-09
References
Numista
N#880
Rarity index
3%

Reverse

A figure of Britannia seated beside a lion, with a shield resting against her right side, holding a trident in her right hand and an olive branch in her left, denomination below and legend above.

Script: Latin

Lettering:
NEW PENCE
50

Designer: Christopher Ironside

Edge

Plain

Comment

This reverse design by Christopher Ironside, together with the Arnold Machin second portrait of Her Majesty on the obverse, was first issued in 1969 to replace the 10-shilling banknote as part of the decimalisation process. In the years 1971, 1972, 1974 & 1975 the coin was only available in Annual Proof sets. There was not a strike issued in 1973 as a commemorative 50p was issued instead to celebrate the UK joining the European Economic Community. Finally, in 1982, 11 years after Decimalisation Day on 15th February 1971, the word 'NEW' was removed from the denomination on the reverse.

The design was re-issued with Ian Rank-Broadley fourth portrait obverse in 2009 with the original 'New Pence' legend as part of the 16-piece set to commemorate the 40th anniversary of the 50 pence denomination. Again in 2019 the design was re-issued and featured Jody Clark's fifth obverse portrait and formed part of the 5-coin British Culture Set celebrating 50 years of the 50p.

Christopher Ironside designed all six new denominations for decimalisation for which he was awarded the OBE in 1971.

Interesting fact

One interesting fact about the 50 New Pence coin with Elizabeth II's second portrait (1969-1981) is that it was the first coin to feature the new decimal currency system introduced in the UK in 1971. The coin was initially introduced with the old penny symbol (d) but was later changed to the new pence symbol (p) in 1981. This change was made to avoid confusion with the old penny coin, which was still in circulation at the time.

Price

Date Mintage VG F VF XF AU UNC
1969  188400000 - - - - - -
1970  19461000 - - - - - -
1971  350000 - - - - - -
1972  150000 - - - - - -
1974  100000 - - - - - -
1975  100000 - - - - - -
1976  100000 - - - - - -
1977  193000 - - - - - -
1978  86100 - - - - - -
1979  81000 - - - - - -
1980  143000 - - - - - -
1981  100300 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 50 New Pence - Elizabeth II (2nd portrait) 1969-1981 coin.