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The British "Cartwheel" Penny and Twopence was only ever minted in 1797.

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 overcome the problem, undustrialist Matthew Boulton proposed that Pennies and Twopences should be made to contain their value in copper and that the coins would have thickened raised edges to prevent them from wearing easily.

The thickened raised edges gave the coins the appearance of a cartwheel, hence the name.

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