Help With Very Small Coin!

Nope, not that early. Copper/bronze pennies weren't made until the "cartwheels" 100 years after this coin was made. These tiny coins were the only "pennies" around at the time and were actually intended to circulate as regular coins.

I always believed that the silver pennies were replaced by copper ones in the Year of 1672 under Charles II. The Large Cartwheels Sap speaks of, was merely the first copper coin struck by James Watt's machine. In the Reign of the Dutch William III, I have seen enough copper farthings, halfpennies and pennies throughout my life. I even got some worn ones in my own collection.

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valutarick said:
I always believed that the silver pennies were replaced by copper ones in the Year of 1672 under Charles II.

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You're thinking of silver halfpennies, which were last issued under the Commonwealth and replaced by the first issue of copper halfpence in that year.

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valutarick said:
In the Reign of the Dutch William III, I have seen enough copper farthings, halfpennies and pennies throughout my life. I even got some worn ones in my own collection.

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You haven't seen any pennies. If you've got a copper coin of William and Mary or William III which is a bit smaller than a modern (1960's) British predecimal penny, that's a halfpenny. A "modern halfpenny-sized" coin is likely to be a farthing. Britain (England) didn't issue copper coins smaller than a farthing, though some of the coins issued for Scotland and Ireland were quite small.

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Yep, was at the time, and still is, theoretically - for 1/240th of a pound, or 5/12ths of a decimal penny. Of course, there's a lot more than 0.4p worth of silver there - it's closer to 10p worth at current silver prices.

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Close, but not quite. Upon conversion to a decimal system beginning in 1967 (and finalized in 1971), the Maundy coinage (1,2,3 & 4 pence) were automatically granted full value in the decimal system. Thus, this older silver 1d Maundy coin is still legal tender as 1p (one decimal pence)

Do not forget that Holland and England were at war during those times, 4 wars in a line. There is more intrest in the Netherlands for this coin then in the UK, because every Dutch collector wants to have at least something of William III's reigning England. Therefor I predict across the Channel the value of these coins will increase more rapidly then back in the UK, because the penny shown was legal tender and part of everybody's life back then, and I believe in comparison there are more of those pennies laying at British soil then anywhere else in the world.

In the year 1988 we have had the official William and Mary festivities, and the Duth mint (Rijksmunt) issued a large S 925 silver coin for face value 50 gulden( Guilders), which design was taken from the penny you are holding...