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George V Halfcrown 1927 HalfcrownsChard 24 Carat Home Page

1923 Halfcrown Obverse
1927 Halfcrown Reverse
George V Third Coinage Modified Effigy
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.
From 1920 to 1946 most British "silver" coins were struck in .500 fine silver (500 parts per 1000).
In 1927, the effigy of King George was altered slightly, showing slightly more hair detail. This change was partly to eliminate "ghosting" where the design on one side shows faintly though to the other side of the coin, caused by a discrepancy in the amount of metal displaced from the two sides in striking. The designer's initials B.M. were placed further to the right, and the beaded border is slightly coarser but more pronounced.
Two types of halfcrown exist for this year, the halfcrown from the proof set of this year is of the fourth coinage type.

Obverse:
Modified 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 27

Edge
The edge is milled:

Grade and Price
almost EF £15

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