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11/2 Pence - Elizabeth I 3rd and 4th issue, small flan

Issuer Royal Mint (England)
Year 1561-1578
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Currency Pound sterling (1158-1970)
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Reverse lettering [mm] CIVI TAS LON DON 15 61
(Translation: City of London)
Edge Plain
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Additional information

Elizabeth I's halfpenny occupied an awkward monetary position — too small in value to be struck with much care, yet essential for small retail transactions at a time when token coinage had not yet filled that gap. The small flan designation distinguishes this issue from the slightly larger earlier halfpennies, a reduction that reflected both the practical difficulty of producing legible coins at minimal silver weight and persistent pressure on the mint to economize.

At 0.64 grams, centering was a chronic problem. Off-center strikes are the rule rather than the exception.

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