Anglesey 48, 1787 pennies (Dalton & Hamer, page 336)

Denomination: penny, scarcity: Extra rare (RRR)
Thick wreath. Curved 7. 4 acorns at tie. Two inner leaves over head.

48.  O: Druid's head in a thick wreath of oak. An acorn inside and outside of
        wreath at the point of hood. Same for Nos. 48-49.
     R: A monogram cypher, P M Co. WE PROMISE TO PAY THE BEARER ONE PENNY 1787. 
        Date above the cypher. Curved 1 between N and Y.
     E: ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY.

No. 48, RRR.

Keywords

druid_head,pmco,we promise to pay the bearer one penny 1787