Anglesey 167, 1788 penny counterfeits (Dalton & Hamer, page 353)

Denomination: penny, scarcity: Extra rare (RRR)
Thin wreath. Long-Topped P. Straight 1 and 7. Double acorns.
23 acorns in wreath.

167. O: Druid's head in a thin wreath of oak. Twenty-three acorns, eleven 
        to left and twelve to right.
     R: A monogram cypher, P M Co. WE PROMISE TO PAY THE BEARER ONE PENNY 1788.
        Date above the cypher. 1 points to left of Y, 8 under last limb of W, 
        an acorn stop.
     E: ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY.

No. 167, RRR.

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.

Keywords

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