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Key Fact
Description
This is a 1978 United Kingdom halfpenny coin. The obverse features a laureate bust of Queen Elizabeth II by Arnold Machin, with the inscription 'ELIZABETH II DEI GRATIA REGINA'. The reverse, designed by Christopher Ironside, displays a representation of St Edward's Crown with the value '1/2' below. The inscription reads 'NEW PENNY' and the year of minting. It is made of copper-nickel and has a plain edge.
History
The halfpenny coin was a staple of British currency for centuries. Following decimalization in 1971, the new halfpenny was introduced. Queen Elizabeth II's effigy has graced British coinage for over six decades, making her portrait a familiar and enduring symbol. The Royal Mint, responsible for all UK coinage, has produced these coins in vast quantities for circulation.
Facts
The halfpenny was officially withdrawn from circulation in August 1984 due to its low value and the rise in inflation. Despite no longer being legal tender, these coins remain popular with collectors interested in British monarchs or the history of UK currency. The designs by Machin and Ironside are iconic representations of their respective eras in coinage.
Value Fact
As a withdrawn denomination, the 1978 halfpenny is commonly found in circulated condition. Its market value is typically very low, often just a few pence. However, uncirculated examples or those with rare minting errors could command slightly higher prices, though demand remains minimal for this denomination.

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