1722 Penny Rosa Americana - UTILE
Strike Type
Coin Details
Auction Record
- Price realized
- $20,700
- Sold
- Grade
- PR
- Auction house
- Stack's
Description
This 1722 Rosa Americana Penny features the UTILE legend on the reverse, representing the standard spelling of the first word in the motto VTILE DVLCI but rendered with a modern "U" rather than the classical Latin "V" that appears on most other varieties. On July 12, 1722 William Wood received a patent to coin 300 tons of money for the American colonies over 14 years. The Rosa Americana twopence, penny and halfpenny are dated 1722, 1723 and 1724 and show the laureate head of George I and a Tudor rose with ROSA AMERICANA UTILE DULCI; they were struck in Bath metal, a brass alloy, at 120 halfpence to the pound. The colonists would not take the light coins, and in 1722 Massachusetts issued small parchment notes partly to keep them out. The reverse motto is spelled UTILE DULCI, with U's. Cataloged as PCGS #113.
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