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That is the 50 new pence minted between 1969 and 1997 (1978).
It is has been withdrawn from circulation. The reverse has Britannia and lion (new pence, words) The obverse has the Machin head (designer) The weight is 13.5 grams. The composition is 75% copper, 25% nickel. replaced in 1997 by the smaller 50 pence. Interesting that the sides are actually curved. They are a circle with the center at the opposite apex. Thanks for the clear pictures. Made identification easy.
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