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George V Halfcrown 1921 HalfcrownsChard 24 Carat Home Page
1921 Halfcrown Obverse
Obverse of 1921 George V Halfcrown

1921 Halfcrown Reverse
Reverse of 1921 George V Halfcrown

George V Second Coinage
During the reign of George V, a number of small but significant changes occurred to the coinage. Paper money began to replace gold coinage from the start of the First World War. Similar changes have since occurred world wide, so that most countries now use a "token" currency system, on where the underlying metal content (intrinsic value) is not directly related to the face value. Also after 1919, the price of silver had risen, so that it was no longer viable to produce silver coins of "sterling" standard (925 parts per 1000). Again this pattern has also been repeated world wide, so that most circulating coins now bear little relationship to their currency value.

Debased Silver
The coin photographed is of the second coinage, of debased silver, 500 parts per 1000. Apart from the different alloy, both obverse and reverse designs are usually described as similar to the first coinage types. The relief however is usually lower than for the first coinage. This may be partly because the alloy is slightly harder.
Some discolouration or tarnishing can be seen on our coin. This is fairly common with lower silver content alloys.

Obverse:
Bare head of King George V, facing left.
The obverse inscription reads:
GEORGIUS V DEI GRA BRITT OMN REX

Reverse:
A crowned quartered shield within a garter bearing the inscription "HONI SOIT QUI MAL Y PENSE".
The reverse legend reads:
FID DEF IND IMP HALF CROWN 19 21

Edge
The edge is milled:

Grade and Price
about Unc except for tarnishing, so only EF £30

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Order Form - USA
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