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<p>[QUOTE=&quot;johnmilton, post: 25232149, member: 101855&quot;]These coins were produced circa 1723 for circulation in the American British colonies. They were made of copper, zinc and, it’s been written, a trace of silver. The planchets were rough and unpleasant to use.</p><p><br /></p><p>An Englishman, William Wood, obtained a patent from King George I to make these coins. Reported the king was charmed by an attractive German princess as part of the lobbying process. The American colonists rejected the coins, and most of the pieces I have seen graded Fine or better. Lesser grade pieces usually have problems, not wear.</p><p><br /></p><p>Looking at the Heritage Auction results and the 77th Edition of the Red Book, these coins are worth from around $150 retail in VG to several thousand in Mint State. Most pieces I have seen grade in the VF to EF range. The coin in the OP appears to grade in the Fine to low VF range. </p><p><br /></p><p>I have only one Rosa America piece, a crown rose half penny. NGC graded this AU-58 over 20 years ago. </p><p><br /></p><p>[ATTACH=full]1608144[/ATTACH][/QUOTE]</p><p><br /></p>

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