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The E-Sylum: Volume 20, Number 4, January 22, 2017, Article 29

KING STEPHEN IPSWICH CUT HALFPENNY OFFERED

A rare Ipswich cut halfpenny of King Stephen is being offered at auction. -Editor

King Stephen Ipswich Cut Halfpenny

A half of one of the world's rarest coins is to be auctioned off in Suffolk next weekend.

This King Stephen cut halfpenny was minted in Ipswich during a reign lasting between 1135 and 1154.

Bidding will start at around the £150 mark when coin collectors and dealers bid for it at Martlesham auctioneers Lockdales on Saturday, January 28.

Auction manager James Sadler said: "There are only four of these coins known in the whole world."

"This is a genuinely rare coin", and that isn't a term I use lightly.

"Back in the days when it was minted in Ipswich, the town was a very big trading place, one of the biggest in the country."

It's a fun hook for a headline, but cut coinage was quite common at the time, being how people typically made change without the benefit of smaller denomination coins. So the half coin is a legitimate numismatic item in itself. But I can only imagine the market reception of a rare modern coin cut thusly. Wanna buy a rare 1894-S half dime? -Editor

To read the complete article, see:
Half of extremely rare coin to be auctioned in Ipswich next weekend (www.eadt.co.uk/news/half_of_extremely_rare_coin
_to_be_auctioned_in_ipswich_next_weekend_1_4857109)

Wayne Homren, Editor

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To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@gmail.com

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