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The Royal Mint produced no Penny coins from 1787 to 1791 inclusive.

Due to Britains ongoing expenses with various wars in the late 18th and early 19th centuries, there were very few silver or copper coins minted, subsequently there were a great many privately minted tokens and counterfeit coins produced.

To get an estimate of value on a privately minted token, you need to provide the details of the inscription on the token.

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Q: What is the value of a 1789 British Penny?
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