Overview
This is the first year of the 'small size' 50p coin, featuring the iconic seated Britannia on the reverse and Raphael Maklouf's portrait of Queen Elizabeth II on the obverse. It represents a major shift in British currency when the bulky, larger 50p was phased out for this more pocket-friendly heptagonal design.
Story
In 1997, the UK shrunk its 50p coin to the size we know today. Over 450 million were minted this first year, making it a witness to the transition from the old heavy 'crown' style to modern decimal coinage.
Maker / Origin
The Royal Mint is one of the world's oldest institutions, with over 1,100 years of history. The reverse design of Britannia was created by Christopher Ironside, a master of heraldry who won a public competition to design the first decimal coins.
Condition & Value
The coins show significant signs of circulation, including surface scratches, edge knocks, and typical oxidation. This heavy wear keeps the value at or near face value. As a high-mintage circulation coin with over 450 million produced, it is worth its face value unless in pristine, uncirculated condition.