George III 1763 3 Pence

I know these low denomination silver coins are described as Maundy Money today but they did indeed circulate as common currency at the time.
BigSilver is correct when he says they are easily found in higher grades and, even then, are quite cheap to buy.
Yours grades 'Fine' (or thereabouts) and would be worth around £5-£7 so certainly more than the scrap value of a few grams of silver.
Keep it and enjoy it for what it is.

Yes, a very reasonable coin, certainly not worth scrapping!

If I could perhaps amend Big Silver's information regarding Maundy Money, which is a symbolic gift of money from the sovereign (not the church) to selected poor people in an annual ceremony on Maundy Thursday.

The subject of Maundy Money is very interesting - the number of sets issued each year corresponds to the number of years of the sovereign's age so this year, presumably ninety sets will be handed out (assuming that since the queen turns 91 eight days after this years ceremony it will still be ninety this year, despite her being well into her ninety-first year).

This post prompted me to brush-up on Maundy Money facts and the following link to The Royal Mint website is quite enlightening:

http://www.royalmint.com/discover/u...f515a57904ca

From this, I never realised before that the original young head portrait by Mary Gillick is still used today (a set is pictured on the website). Spink has no pictures of modern Maundy Money which is why I missed this fact for all these years and this might surprise others as well!