Somersetshire 3, County (Dalton & Hamer, page 226)

Denomination: penny, scarcity: Extra rare (RRR)
3. O: A sword, spear and trumpet, crossed, a hat and pair of spurs. SOMERSET
      YEOMANRY CAVALRY * 1796. * (Same as No. 1)
   R: Incuse impression from reverse die of No. 11. READY MONEY ONLY within a 
      circle, and before legend had been sunk.
   E: Indistinct, from one inscription being struck over another.

This is from the halfpenny dies of No. 24.

No. 3, RRR.

Keywords

somerset yeomanry cavalry,1796,ready money only