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1722 Halfpenny Incomplete Planchet
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<p>[QUOTE="Collecting Nut, post: 8197206, member: 74863"]William Wood owned a copper and tin mine. He was from Staffordshire England and he mistakenly thought that a royal patent to produce coins for Ireland and the American colonies would make him rich. </p><p><br /></p><p>Despite Wood’s efforts to have King George I grant his requests, His Majesty's mistress, the Duchess of Munster and Kendal, held Wood’s hostage. Wood was forced to pay £10,000 to the Duchess as ransom for the release of his patent to strike Irish halfpennies and farthings. Since George I never consulted the Irish Parliament, the issue was taken as an insult and the coins were soundly rejected. They were withdrawn from circulation in Ireland and profiteers bought and shipped them to America. </p><p><br /></p><p>Due to political differences which led to the Revolutionary War, they were rejected by the colonies. They still circulated due to coin shortages but some businesses would not accept them.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 8197206, member: 74863"]William Wood owned a copper and tin mine. He was from Staffordshire England and he mistakenly thought that a royal patent to produce coins for Ireland and the American colonies would make him rich. Despite Wood’s efforts to have King George I grant his requests, His Majesty's mistress, the Duchess of Munster and Kendal, held Wood’s hostage. Wood was forced to pay £10,000 to the Duchess as ransom for the release of his patent to strike Irish halfpennies and farthings. Since George I never consulted the Irish Parliament, the issue was taken as an insult and the coins were soundly rejected. They were withdrawn from circulation in Ireland and profiteers bought and shipped them to America. Due to political differences which led to the Revolutionary War, they were rejected by the colonies. They still circulated due to coin shortages but some businesses would not accept them.[/QUOTE]
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1722 Halfpenny Incomplete Planchet
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