The British decimal fifty pencecoin (often shortened to 50p in writing and speech) is a denomination of sterling coinage worth 1⁄2 of one pound. Its obverse has featured the profile of the current Monarch since the coin's introduction in 1969. As of November 2024[update], six different royal portraits have been used.
As of March 2013[update] there were an estimated 920 million 50p coins in circulation.[1] The coin has proved popular with coin collectors leading to numerous differing designs for both commemorative and circulating coins.[2]
Fifty pence coins are legal tender for amounts up to the sum of £10 when offered in repayment of a debt; however, the coin's legal tender status is not normally relevant for everyday transactions.
History
In 1967 the Deputy Master of the Royal Mint approached the Decimal Currency Board to ask for their advice on the introduction of a new coin. The 10-shilling note then in use was lasting only five months, and it had been suggested that a coin, which could last fifty years, would be more economical.[3] The problem with this was that all coins are arranged in "tiers", each coin in a tier having the same weight-to-value ratio so that a bag of mixed coins could be weighed to ascertain the value so long as they were all bronze, all silver, etc.[4] Each coin was identified within its tier by its size and each tier had to be capable of being identified by sight and touch. This was achieved in the then-existing sets by the use of different materials ("bronze", "brass" and "silver") with the bronze coins having plain rims, the nickel-brass threepenny bit being 12-sided and the silver coins having milled rims. If the 10-shilling coin were to be made in the same tier as the silver coins, it would have to be twice the weight of the Crown (then and now only in use for commemorative coins) and it was generally agreed that that would make it very unpopular and expensive. It would therefore have to be in a new tier of its own.[3]
The Mint could not find a suitable metal which was sufficiently different in colour to the existing coins and which would not tarnish.[3] This last point was thought to be important because the new coin would be the most valuable coin in general circulation in the world (equivalent to £11.46 in 2023). It therefore had to be a different shape; various methods had been used overseas to overcome this problem, but none were without drawbacks. A hole through the coin did unacceptable things to the Queen's head (a legal requirement on British coins), and wavy-edged, flat-edged or square coins could not be used in the coin-handling machinery which was then coming into increasing use in industry, banking and vending. To be used in a vending or sorting machine a coin would have to roll under gravity and be capable of being measured without being presented in a special way; in other words it needed a constant breadth at whichever angle it was measured.
The Technical Member (and the only engineer) on the Decimal Currency Board was Hugh Conway, at that time President of the Institution of Mechanical Engineers and Managing Director of Bristol Siddeley Engines, Bristol.[3][4] He had found in a mathematical textbook a formula for a non-circular shape of constant breadth and asked the design office at Patchway, near Bristol, which normally worked on the engines for aircraft such as Concorde, Vulcan and Harrier to draw out the shape.[3] However, this turned out to be a wavy-edged form with re-entrant sides which would not roll and which could not be measured easily.[4] A designer, Colin Lewis, suggested a much simpler shape which in its basic form is an equilateral triangle with a small circle centred on each apex and with a larger circular arc centred on each apex but tangential to each of the two opposite small circles. Wherever it was measured, the breadth of this shape was one small radius plus one large radius. (The small radius was not strictly necessary to the geometry, but made the shape more practical by removing inconvenient sharp points and reducing the rate of wear, and therefore change of size, in handling.) The number of corners could be any odd number greater than one. A drawing was made to illustrate the proposal, which was accepted by Hugh Conway. He chose seven sides as a compromise between too radical a shape, which might not be acceptable to the public, and having too many sides, which would make a shape visually difficult to differentiate from a circle. The shape was drawn out by David Brown and samples made from stainless steel by the Model Shop, together with a section of perspex channel with a bend to demonstrate that the "coin" would roll around corners and drop through gauging slots.[3] The legend "50" was photo-etched (from a master drawn by Ray Gooding) on the faces of the samples since it had already been decided that the new coin would be the first coin of the new Decimal series.[5] As the coin was released before Decimal Day it was initially worth 10/- (and therefore 120d).[6]
When the Decimal Currency Board met, none of the other members had any suggestion to make, so when the samples were produced the idea was accepted without opposition.[3]
Design
It was the first seven-sided coin in the world.[3][4] However, there was some confusion and resistance to the new shape after its release on 14 October 1969, where the coins were mistaken for the decimal 10p and Half crowns, which were both round. A group of "Anti-Heptagonists" regarded the coin as 'ugly' and 'an insult to our sovereign whose image it bears'.[7][4] Geometrically, the shape of the coin forms an equilateral-curve heptagon,[8] or Reuleaux polygon,[4] a curve of constant width, meaning that the diameter is constant across any bisection.[4]
In 1997 the 50p coin was reduced in both diameter and thickness and the older coins were removed from circulation. The new coin was introduced on 1 September 1997. The old larger coin was demonetised on 28 February 1998. The face designs remained unchanged.[9]
The shape of the original 50p coin was also used for the 20p coin, introduced in 1982, but in a smaller size.
For Queen Elizabeth II, four different obverses have been used. In all cases, the inscription is ELIZABETH II D.G.REG.F.D. 2013,[10] where 2013 is replaced by the year of minting; some additionally has the denomination, FIFTY PENCE, before the year (as these coins omit the denomination on the reverse entirely).[11]
From 1998 to 2015 the portrait by Ian Rank-Broadley was used,[12] again featuring the tiara, with a signature-mark IRB below the portrait. In 2008 the obverse design was rotated, to match the new reverse design which is displayed with the heptagon point down rather than point up.
From 2015 to 2022, coins bearing the portrait by Jody Clark were issued, which again featured the Diadem.
On 3 October 2022, a commemorative 50p coin was released that was the first to carry the portrait of King Charles III following the death of Elizabeth II. The coin, planned both as part of a commemorative set and for general circulation, featured a copy of the design used on the crown (five-shilling piece) released in 1953 to commemorate the Queen's coronation. The portrait of the King was undertaken by Martin Jennings.[13]
The reverse of the coin, designed by Christopher Ironside, and used from 1969 to 2008, is a seated Britannia alongside a lion, holding an olive branch in her left hand and a trident in her right, accompanied by either NEW PENCE (1969–1981) or FIFTY PENCE (1982–2008) above Britannia, with the numeral 50 underneath the seated figure. His original but unused design, of the Royal Arms with supporters was released as a variation in 2013.
In August 2005 the Royal Mint launched a competition to find new reverse designs for all circulating coins apart from the £2 coin.[14] The winner, announced in April 2008, was Matthew Dent, whose designs were gradually introduced into the circulating British coinage from mid-2008.[15] The designs for the 1p, 2p, 5p, 10p, 20p and 50p coins depict sections of the Royal Shield that form the whole shield when placed together. The shield in its entirety was featured on the now-obsolete round £1 coin. The 50p coin depicts the lowest point of the Shield, with the words FIFTY PENCE below the point of the shield. The coin's obverse remains unchanged.
In October 2023 the King Charles III fifty-pence coin was presented; the coin features an Atlantic salmon.[16][17]
Variations
In addition to the standard designs there have been several variant reverse designs used on the 50p coin to commemorate important events.[18] These are summarised in the table below.
The inscription "50 PENCE" and the date of the year, surrounded by nine hands, symbolising the nine members of the Community, clasping one another in a mutual gesture of trust, assistance and friendship
United Kingdom's Presidency of the Council of Ministers and the completion of the Single European Market
A representation of a table on which are placed twelve stars, linked by a network of lines to each other and also to twelve chairs around the table, on one of which appear the letters "UK", and with the dates "1992" and "1993" above and the value "50 PENCE" below
A design representing the Allied invasion force heading for Normandy and filling the sea and sky, together with the value "50 PENCE". This was the last commemorative coin in the original (larger) size.
A pair of hands set against a pattern of radiating lines with the words "FIFTIETH ANNIVERSARY" and the value "50 PENCE", accompanied by the initials "NHS" which appear five times on the outer border
The turning pages of a book, the anniversary dates "1850" and "2000", and the value "50 PENCE", all above a classical library building on which appear the words "PUBLIC LIBRARIES" and, within the pediment, representations of compact discs
The figure of a suffragette chained to railings and holding a banner on which appear the letters WSPU, to the right a ballot paper marked with a cross and the words GIVE WOMEN THE VOTE, to the left the value 50 PENCE, and below and to the far right the anniversary dates 1903 and 2003
Mary Milner Dickens
3,124,030
2004
50th Anniversary of the first four-minute mile by Roger Bannister
The legs of a running athlete with a stylised stopwatch in the background and the value 50 PENCE below
James Butler
9,032,500
2005
250th Anniversary of Samuel Johnson's Dictionary of the English Language
Entries from the Dictionary for the words FIFTY and PENCE, with the figure 50 above, and the inscription JOHNSON'S DICTIONARY 1755 below
Tom Phillips
17,649,000
2006
150th Anniversary of the institution of the Victoria Cross 1
Depiction of the obverse and reverse of a Victoria Cross with the date 29 JAN 1856 in the centre of the reverse of the Cross, the letters VC to the right and the value FIFTY PENCE below
Claire Aldridge
12,087,000
2006
150th Anniversary of the institution of the Victoria Cross 2
Depiction of a soldier carrying a wounded comrade with an outline of the Victoria Cross surrounded by a sunburst effect in the background
Clive Duncan
10,000,500
2007
Centenary of the Foundation of the Scouting Movement
A fleur-de-lis superimposed over a globe and surrounded by the inscription "BE PREPARED", the dates "1907" and "2007", and the denomination "FIFTY PENCE"
The slogan "Peace, prosperity and friendship with all nations" in a calligraphic font, and the date "31 January 2020". (About a million coins bearing the date "31 October 2019" had to be shredded and melted down.[21][22] Another version, bearing the date "29 March 2019", was planned for release, but was not issued.[citation needed]) The slogan does not use the Oxford comma which has drawn criticism.[23]
10,001,000
2020
Diversity Built Britain
The slogan "Diversity Built Britain" in a calligraphic font on a structure composed of interconnected triangles
King's Crown surrounded by four shields bearing the arms of Scotland, England and Ireland; and a thistle, rose, leek and shamrock. This is a copy of the Crown issued for her coronation. First to feature the new King Charles III obverse.
50 years of the 50 pence coin – British Culture Set
A re-issue of five of the most iconic designs— the original Britannia (1969) with NEW PENCE text and micro-engraved mint marks,[2] first sub-four-minute mile (2004), Scouting (2007), Kew Gardens (2009), Girl Guides (2010). All have the new obverse with the year 2019.
Various
Unknown
2019
50 years of the 50 pence coin – British Military Set
A re-issue of five military designs – D-Day Landings (1994), Victoria Cross 1 (2006), Victoria Cross 2 (2006), Battle of Britain (2015), Battle of Hastings (2016). All have the new obverse with the year 2019.
The design features key milestones from Baird's life, presented between the lines of transmission radiating from the centre of the coin. Third coin in the Innovation in Science series
An image of the pre-decimal coins of the United Kingdom prior to decimalisation, including the farthing, the half penny, the penny, threepence, sixpence, one-shilling and two-shilling coins, along with the words "1971 DECIMAL DAY" contained in the seven-sided shape of the fifty pence coin
Depictions of equipment used for sports in the 2020 Summer Olympics. Some examples feature a 2020 date, due to the postponement of the games until 2021 due to the COVID-19 pandemic.
An image of a globe surmounted with transmission arcs, and the words "100 YEARS OF OUR BBC. INFORM EDUCATE ENTERTAIN"
Henry Gray
Unknown
There are also other variants not listed here which were minted by other Mints, such as Pobjoy Mint
Mintages
Number of fifty pence coins minted for circulation by year[29]
Year
Number minted
Reverse
Portrait
Diameter (mm)
1968
0
Machin
30.0
1969
188,400,000
Britannia (Ironside)
1970
19,461,500
Britannia
1971
0
1972
0
1973
89,775,000
EEC
1974
0
1975
0
1976
43,746,500
Britannia
1977
49,536,000
Britannia
1978
72,005,500
Britannia
1979
58,680,000
Britannia
1980
89,086,000
Britannia
1981
74,002,000
Britannia
1982
51,312,000
Britannia
1983
62,824,904
Britannia
1984
0
1985
682,103
Britannia
Maklouf
1986
0
1987
0
1988
0
1989
0
1990
0
1991
0
1992
109,000
Single Market
1993
0
1994
6,705,520
D-Day
1995
0
1996
0
1997
0
456,364,100
Britannia
27.3
1998
64,306,500
Britannia
Rank-Broadley
5,001,000
NHS
5,043,000
EU
1999
24,905,000
Britannia
2000
27,915,500
Britannia
11,263,000
Public Libraries Act
2001
84,998,500
Britannia
2002
23,907,500
Britannia
2003
23,583,000
Britannia
3,124,030
Suffragettes
2004
35,315,500
Britannia
9,032,500
Roger Bannister
2005
25,363,500
Britannia
17,649,000
Dictionary
2006
24,567,000
Britannia
12,087,000
VC – award
10,000,500
VC – heroic acts
2007
11,200,000
Britannia
7,710,750
Scouting
2008
3,500,000
Britannia design
22,747,000
Royal Shield (Dent)
2009
210,000
Kew Gardens
2010
7,410,090
Girl Guiding
2011
3,400,000
WWF
53,272,613
Olympic games series
2012
32,300,030
Royal Shield
2013
10,301,000
Royal Shield
5,300,000
Benjamin Britten
7,000,000
Christopher Ironside
2014
49,001,000
Royal Shield
6,500,000
Glasgow 2014
2015
20,101,000
Royal Shield
39,300,000
Clark
5,900,000
Battle of Britain
2016
6,400,000
Team GB
6,700,000
Battle of Hastings
9,700,000
Beatrix Potter: Peter Rabbit
8,800,000
Beatrix Potter: Mrs. Tiggy-Winkle
6,900,000
Beatrix Potter Portrait
5,000,000
Beatrix Potter: Squirrel Nutkin
2,100,000
Beatrix Potter: Jemima Puddle-Duck
0
Royal Shield
2017
1,800,000
Royal Shield
1,801,500
Isaac Newton
19,900,000
Beatrix Potter: Peter Rabbit
9,500,000
Beatrix Potter: Tom Kitten
9,900,000
Beatrix Potter: Jeremy Fisher
25,000,000
Beatrix Potter: Benjamin Bunny
2018
9,000,000
Representation of the People Act
5,901,000
Paddington at Buckingham Palace
5,001,000
Paddington at The Station
3,900,000
Beatrix Potter: The Tailor of Gloucester
1,700,000
Beatrix Potter: Mrs Tittlemouse
1,400,000
Beatrix Potter: Flopsy Bunny
1,400,000
Beatrix Potter: Peter Rabbit
0
Royal Shield
2019
8,602,000
Sherlock Holmes
9,001,000
Paddington at the Tower
9,001,000
Paddington at St. Pauls Cathedral
122,000,000
Royal Shield
2020
10,001,000
Withdrawal from the European Union
10,300,000
Diversity
46,540,375
Royal Shield
2021
0
Royal Shield
2022
9,500,000
Royal Shield
5,000,000
UK Pride
5,000,070
Platinum Jubilee
9,600,000
Queen Elizabeth Memorial
Jennings
2023
5,000,000
Coronation of King Charles III
200,000
Atlantic Salmon
Number of fifty pence Olympic Games series coins minted in 2011 for circulation[29]
Reverse
Number minted
Aquatics (swimmer)
2,179,000
Archery
3,345,500
Athletics (high jumper)
2,224,000
Badminton
2,133,500
Basketball
1,748,000
Boccia
2,166,000
Boxing
2,148,500
Canoeing
2,166,500
Cycling
2,090,500
Equestrian
2,142,500
Fencing
2,115,500
Football
1,125,500
Goalball
1,615,500
Gymnastics
1,720,813
Handball
1,676,500
Hockey
1,773,500
Judo
1,161,500
Modern Pentathlon
1,689,500
Rowing
1,717,300
Sailing
1,749,500
Shooting
1,656,500
Table Tennis
1,737,500
Taekwondo
1,664,000
Tennis
1,454,000
Triathlon
1,163,500
Volleyball
2,133,500
Weightlifting
1,879,500
Wheelchair Rugby
1,765,500
Wrestling
1,129,500
Mint sets have been produced since 1982; where mintages on or after that date indicate 'none' or 'Proof only', there are examples contained within those sets.