1923 Halfcrown – George V

George V was King of the United Kingdom and the British Dominions, and Emperor of India, from 6 May 1910 until his death in 1936 and was King during World War 1. George was the second son of Albert Edward, Prince of Wales (later King Edward VII), and grandson of Queen Victoria. After his death he was succeeded by his eldest son, Edward VIII.

In 1919-20, the Silver price rose dramatically so .925 silver coins began to made in 0.500 siver. Gold Sovereigns were produced in large quantities early in George's reign - over 30 million in 1911 and again in 1912, although there was no bullion sovereigns issued 1918-1924 (Commonwealth mints did continue mintage).
The half crown was a British coin which was valued at "2/6" (two shilling and sixpence) – 12½ pence in modern currency. It was literally half the value of the Crown.

Half crowns were first issued around 1549 in gold or silver. It was then issued by the majority of Monarchs (plus Oliver Cromwell) all the way through to Elizabeth II. The last standard mintage was in 1967 and the coin was officially demonetised in 1970, one year before full decimalisation. A proof half crown was released in 1970.

The halfcrown was a large coin, from 1816 to it’s final minting having a diameter of 32mm and weight of 14.1g. In pre-decimalised Britain when the Crown was essentially a commemorative coin, the half crown was the largest denomination coin in circulation and had considerable spending power.

Before 1920, half crowns were actual sterling (92.5%) silver. This was reduced to 50% silver and in 1947 no silver at all was used and cupro-nickel became standard.

Half crowns are beautiful coins to collect and due to their long history they are very popular. As pre-1920 coins are 92.5% silver even worn copies will have the intrinsic price of the metal but they are still very affordable to most people.The Royal Mint is the designated place for the UK to mint coins. It dates back well over 1000 years and is a Government-owned company. 

Formed in the reign of Alfred the Great about the year 886, during the period 1279-1812 it was generally referred to as The Tower Mint as it was housed at the Tower of London. The Master of The Royal Mint has included famous figures such as Sir Isaac Newton.

Since 2010 it has operated as Royal Mint Ltd, a company owned by HM Treasury, under an exclusive contract to supply all coinage for the UK although it also produces medals and coins for other countries. It is currently located at Llantrisant, Wales.
The United Kingdom (UK) is the Union of England, Scotland, Wales and Northern Ireland. It is often refered to as Great Britain (GBR). It has a long, rich history.

The orignal coinage was Pounds, Shillings and Pence but since decimalisation on 15 February 1971, it is £1 = 100p, that is One Pound = 100 pence. The coinage of the UK is also a long history, the Royal Mint being established as long ago as 886AD when coins were hammered. Today there is perhaps 30 billion coins in circulation, and many (numismatic) collectors coins and sets are issued frequently in gold, silver and other metals.