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<p>[QUOTE=&quot;scottishmoney, post: 1661578, member: 12789&quot;]I have always liked those coins - they were the first Crown authorised coinage for the American colonies, but they were remarkably unpopular in their intended circulation area - some colonies like Massachusetts-Bay outlawed their usage and authorised small denomination paper money to circulate in place of them.&nbsp; </p><p><br /></p><p>Your piece appears to have been a ground find, the corrosion pattern resulting from the unique combination of metals that William Wood referred to as &quot;Bath metal&quot; - the tin part of the composition could account for the later corrosion of the piece.</p><p><br /></p><p>In many ways the coins are indicative of the nature of how the Crown felt about the colonies, William Wood secured the patent to strike these coins at a weight and composition standard that were below the standards of the day for British coins - so as a result the coins were smaller and of a cheaper metal than their British contemporaries.&nbsp; The colonial governments and citizens took notice - this was one of the earlier indicators of the Crown&#039;s careless nature of governing the colonies.[/QUOTE]</p><p><br /></p>

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