George V Farthing Value

The George V farthing is a small coin with significant historical and collectible value. Minted during the reign of King George V from 1910 to 1936, this copper coin was part of everyday British currency for many years. Though its face value was just a quarter of a penny, the George V farthing holds far more worth today for collectors and historians. Factors such as mintage year, condition, rarity, and specific mint marks play key roles in determining its value in modern coin markets.

Historical Background of the George V Farthing

King George V and His Reign

King George V ruled the United Kingdom and the British Empire from 1910 to 1936. His reign saw the continuation of the farthing, a coin that had been part of British currency since medieval times. Under George V, the farthing featured notable design changes that reflect the culture and coinage standards of the early 20th century.

Design and Composition

The George V farthing was made of bronze and had a diameter of approximately 20 mm. The obverse side featured a portrait of King George V facing left, with the inscription ‘GEORGIVS V DEI GRA: BRITT: OMN: REX FID: DEF: IND: IMP:’ Latin for ‘George V, by the Grace of God, King of all the Britains, Defender of the Faith, Emperor of India.’

The reverse displayed Britannia, the female personification of Britain, seated with a trident and shield, a design that had been used on British coinage for centuries. Starting from 1937, after George V’s death, the design shifted, but his farthings retained the traditional British iconography.

Mintage and Yearly Production

Key Years of Production

The George V farthing was minted from 1911 to 1936. Certain years saw higher production volumes, while others had lower mintage, influencing the relative rarity of each year’s coin.

• 1911-1919: These early years of George V’s reign saw moderate mintage. Coins from these years are relatively common but can be valuable in uncirculated condition.
• 1920s: The farthings produced in this decade were minted in larger quantities. The 1923 and 1924 farthings, in particular, are easy to find.
• 1932: This year is notably rare, with very limited circulation, making it one of the most valuable George V farthings.
• 1936: The final year of George V’s reign, 1936 farthings are generally common but still sought after in excellent condition.

No Mint Marks

Unlike American coinage, British coins like the farthing did not typically include mint marks. Most George V farthings were minted in London, so collectors must assess value based on year and condition rather than mint origin.

Factors Affecting the Value of a George V Farthing

1. Year of Issue

Some years are rarer than others due to lower mintage. For example, the 1932 farthing is considered a key date, often commanding higher prices from collectors. Other years like 1919 and 1936 are more common, typically carrying lower value unless in pristine condition.

2. Condition and Grading

The condition of the coin, often assessed using the Sheldon scale (from Poor to Mint State), greatly affects value. Collectors seek farthings in high-grade conditions, such as:

• Good (G): Heavy wear but clear main features.
• Fine (F): Moderate wear, more visible detail.
• Very Fine (VF): Minor wear with strong design features.
• Extremely Fine (EF): Sharp details, very little wear.
• Uncirculated (UNC): No signs of wear, may have original mint luster.

3. Errors and Varieties

Coins with minting errors such as misstrikes, off-center designs, or double dies can be highly valuable. While George V farthings are generally consistent in quality, rare anomalies can increase their worth significantly.

4. Market Demand

Collector interest plays a major role in a coin’s market value. British historical coins, especially those from royal eras, are in consistent demand worldwide. The George V farthing appeals to both British numismatists and global coin collectors interested in monarchy-era coinage.

Estimated Market Values

Common vs Rare Dates

Here is a general price guide for George V farthings, depending on year and condition:

• Common dates (e.g., 1920, 1924, 1936): $1 to $10 in circulated condition; up to $30 in uncirculated condition.
• Scarce years (e.g., 1911, 1914, 1930): $5 to $20 in average condition; up to $50 if uncirculated.
• Rare years (especially 1932): $50 to over $200 depending on grade.

Certified Coins

Coins that are professionally graded and certified by organizations like NGC or PCGS may fetch significantly higher prices at auction, especially if they are in MS65 or above condition.

Collecting Tips and Recommendations

Start with Common Dates

Beginners should start with affordable, more common years. This allows collectors to understand the grading and pricing without making a large investment upfront.

Look for Original Detail

Seek coins with clear portrait features, minimal wear, and even coloring. Avoid coins with corrosion or heavy scratches.

Store Properly

To maintain value, store George V farthings in acid-free holders or coin albums, away from humidity and sunlight. Proper preservation is key for maintaining long-term value.

Where to Buy or Sell George V Farthings

Coin Dealers and Auctions

Specialized coin shops and reputable auction houses are excellent places to buy or sell farthings. Auctions can be particularly useful for rare date coins in high condition.

Online Marketplaces

Platforms like eBay or numismatic forums offer access to a global network of collectors. However, buyers should verify seller credibility and review return policies before purchasing.

The George V farthing is a fascinating coin that combines historical significance with collectible value. Its modest origins as a bronze coin used for everyday purchases now contrast sharply with its role as a prized numismatic item. Whether you’re a beginner building your first collection or an experienced collector searching for rare dates like the 1932 farthing, this coin offers a unique window into British monetary history. By understanding key factors like mintage year, condition, and market demand, collectors can better appreciate and assess the true worth of the George V farthing.