Halfpenny (Irish decimal coin) particularly rare, and valuable to coin collectors - the vast majority of the 2.8 million were melted in 1987. The 1986 coin was only produced for the 1986 specimen sets and is also rare. Halfpenny (Irish decimal coin) The decimal halfpenny (p) () coin was the smallest denomination of the Irish pound. It was first issued when the Irish currency was decimalised on Decimal Day, 15 February 1971. It was one of three new designs introduced all in bronze and featuring ornamental birds on the reverse. The coin value was weakened by inflation and very few were produced beyond the
Coins of the Republic of Ireland Mint. The rising expense of minting coins necessitated the introduction of the twenty pence coin in 1986; the halfpenny coin was withdrawn at this time as inflation had reduced its buying power. The introduction of the Irish pound coin required the Decimal Currency Act, 1990 and this law provided for certain other matters including the issue of European Currency Unit (ECU) coins which were specifically stated not to be legal tender in the legislation, instead intended as collectors items. These ECU coins were issued in 50 ECU, 10 ECU and 5 ECU denominations, in gold, silver and silver respectively. These