Anglesey 166, 1788 penny counterfeits (Dalton & Hamer, page 353)

Denomination: penny, scarcity: Scarce
Thin wreath. Long-Topped P. Straight 1 and 7. Double acorns.
24 acorns in wreath.

166. O: Druid's head in a thin wreath of oak. Twenty-four acorns, twelve each
     R: A monogram cypher, P M Co. WE PROMISE TO PAY THE BEARER ONE PENNY 1788.
        Date above the cypher. 1 slightly to left of Y, an acorn stop.
     E: ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY. The letters are more like
        the genuine issue.

No. 166, scarce.

The counterfeits are usually in poor condition, badly struck and light weight. 
The letters of edge reading also differ in size and shape. They are not struck 
in collar.


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