As of October 2022, five different royal portraits have been used.Īs of March 2013 there were an estimated 920 million 50p coins in circulation. Its obverse features the profile of the current Monarch since the coin's introduction in 1969. The British decimal fifty pence coin (often shortened to 50p in writing and speech) is a denomination of sterling coinage worth 1⁄ 2 of one pound.