krasnaya_vityaz Posted March 9, 2005 Posted March 9, 2005 This is a lovely I borrowed from the bank vault the other day, I had purchased it whence I was a teenager, and apparently have stored it in the recesses of my collection and forgotten of it. It is a George I (1714-1727) Penny minted for the British North American colonies by William Wood under contract in 1723. It is diminutive in relation to its British counterpart, and despite it's denomination of One Penny, it is the size of a contemporary British Halfpenny, thusly it was not popularly received in New England and was rejected for common usage. This piece is approximately 75% copper, 24.7% Zinc, and .3% silver. This alloy was referred to as "Bath Metal"There were only three issues of coins authorised by the Crown for circulation in the American colonies, the Plantations tokens issued in 1688 in tin which were used in Virginia, these 1723 William Wood pieces, and the 1773 Virginia halfpenny. Any other coins used in North America circulated only on the necessity of the situation and were not circulating with sanction. Quote
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