1724/3 1P Rosa Americana - Dei Gratia Silvered
Strike Type
Coin Details
Auction Record
- Price realized
- $63,250
- Sold
- Grade
- GEM PR
- Auction house
- Stack's
Description
This Rosa Americana Penny displays an overdate of 1724 over 1723, visible as remnants of the underlying "3" beneath the "4" in the date, combined with the DEI GRATIA obverse legend and a silvered surface finish. 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 date is cut over 1723, the obverse legend reads DEI GRATIA and the surface is silvered. Cataloged as PCGS #144.
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