Elizabeth I Halfpenny

Obverse of Elizabeth I Silver Halfpenny

Reverse of Elizabeth I Silver Halfpenny

Elizabeth I Silver Half Penny (7th Issue, 1601 - 1602)
This hammered silver half-penny is the smallest denomination issued by Elizabeth I. Coins of less than this size were considered impractical due to their neccessarily tiny size in relation to other silver coins, despite a demand for smaller change for purchases of less than a penny or half-penny. The farthing denomination existed in theory, but not as a coin (the threehalfpence was issued in order to provide change for farthing purchases paid for with a penny). The idea of striking coins in a baser metal than silver was considered too vulgar for the Crown to contemplate at the time.

Obverse:
Portcullis Gate

Reverse:
Cross with three pellets in each field.

Availability and Prices

Date	Grade	Avail	Price £	Price $
1601-02	aVF	Yes	£90	$140

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