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By 1717 there was a shortage of copper coinage. A new contract was signed and a Royal Warrant in 1717 proclaimed the issue of a new halfpenny.

The first issue of George I has become known as the "dump" issue. They were smaller, thicker and somewhat lighter than halfpennies previously issued by other monarchs.

In 1719 a new issue of Halfpennies began. These were neare the proportions to those earlier reigns. The diameter was greater than that of the "dump" halfpenny, but the coin was thinner and so retained the same weight.

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