Anglesey 246, 1788 penny counterfeits (Dalton & Hamer, page 366)

Denomination: penny, scarcity: Extra rare (RRR)
246. O: Druid's head in a thin wreath of oak. The wreath very different to
        any of the previous. Twenty-four acorns, eleven to left and thirteen
        to right.
     R: A monogram cypher, P M Co. WE PROMISE TO PAY THE BEARER ONE PENNY 1788.
        Date above the cypher. The date and top of P being so badly struck,
        it is not quite certain whether a long or short P is intended.
     E: ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY.

No. 246, RRR.

Keywords

druid_head,pmco,we promise to pay the bearer one penny 1788