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<p>[QUOTE=&quot;Jimski, post: 2899090, member: 77373&quot;]1788 Massachusetts cent, variety Ryder 12-M, R1 very common.</p><p>[ATTACH=full]697977[/ATTACH] [ATTACH=full]697978[/ATTACH] </p><p>During the post-independence / pre-constitution period of the United States, the Articles of Confederation era, some states assumed responsibility for the minting of coinage. </p><p><br /></p><p>The state of Massachusetts struck cents and half cents in 1787 and 1788.&nbsp; Massachusetts had the only state owned mint. Other states utilized private mints to strike their authorized coinage.&nbsp; Massachusetts expected the mint to be profitable, but it lost money.&nbsp; The mint was shut down in January 1789.&nbsp; Massachusetts was in negotiations with private mints to further manufacture the coinage, but this was abandoned in February 1789 because the newly adopted Constitution specified that the federal government would be responsible for the minting of coinage. </p><p><br /></p><p>The seal of Massachusetts is on the obverse.[/QUOTE]</p><p><br /></p>

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