Monnooyage, Machine pour la marque sue tranche

Monnayage, Machine pour la marque sue tranche

William Wood was a person of considerable wealth and financial standing. Throughout the west of England, he owned numerous profitable iron and copper mines. Known as a shrewd businessman, in addition to his ventures in mining, he is also credited with three separate coinage ventures.

Notably, two out of three of these ventures produced series that later circulated throughout the North American colonies. The following outlines this coinage, and exhibits each series’ halfpence.

Hibernia Coinage of Ireland

The first being the Wood’s Hibernia coinage of Ireland, which Wood purchased the patent from the King’s mistress, the Duchess of Kendal, for £10,000.

This coinage consisted of copper farthings and half pennies. After lackluster acceptance in Ireland, a large portion of the coinage was shipped over to the North American colonies for circulation.

1723 Wood's Hibernia Farthing - Martin 3.2-Bb.1

1723 Wood’s Hibernia Farthing – Martin 3.2-Bb.1

1723 Wood's Hibernia Halfpenny - Martin 4.16-Gc.3

1723 Wood’s Hibernia Halfpenny – Martin 4.16-Gc.3

Rosa American for the North American Colonies

The second being the Wood’s Rosa American coinage for the “The Plantations,” or North American colonies.  Wood obtained the patent to produce this coinage on July 12th, 1722.

In this particular series, Wood produced his coinage using Bath metal, a composition of Silver, Tutanaigne (zinc), and Brass. This particular coinage was specifically patented for use in the North American Colonies.

In this series, he produced halfpennies, pennies, and two pence. For rights to produce this coinage, Wood paid yearly rents to the Crown of £100 and to the Clerk Comptroller £200.

1722 Rosa Americana Halfpenny Martin 2-B

1722 Half Penny Specimen. Note that as this specimen is not perfectly round.

Coinage for the Isle of Man

Finally, the third was Wood’s Coinage for The Isle of Man, Derby Family. In this series, he produced pennies and half pennies. Specimens exist in both copper and Bath metal. It is unknown how much Wood was compensated for producing this coinage.

1733 Isle of Man Obverse Halfpenny SANS CHANGER

1733 Isle of Man, Derby Family, Half Penny specimen.

Aaron Packard [End Mark]

Notes and Sources

  1. The Hibernia Coinage of William Wood (1722-1724), Sydney Martin, C4 Publications, ©2007
  2. The Coinage of William Wood 1722-1733, Phillip Nelson M.D., 1903
  3. Whitman Encyclopedia of Colonial and Early American Coins, Q. David Bowers, Whitman, @2009
  4. Monnayage – Travail de l’or Recueil de Planches sur les Sciences, Denis Diderot, c.1783, plate 17

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The author has over 30 years experience in North American numismatics. He is the author of numerous articles about exonumia, including those about tokens, scrip, and the public who used them. He is a member of the ANA, VNA, ACC, C4, CWTS, TAMS, MD-TAMS, AVA, NSCA, and NumisSociety.
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2 Responses to “The 18th Century Coinage Emissions of William Wood” Subscribe

  1. Louis Stanley December 3, 2014 at 8:27 am #

    Derby “family” is entirely accurate. James Stanley, the 10th Earl of Derby, was the reason for the minting of the coin. He held the peculiar title of “King of Man”.

  2. Louis Stanley December 3, 2014 at 8:27 am #

    Derby “family” is entirely accurate. James Stanley, the 10th Earl of Derby, was the reason for the minting of the coin. He held the peculiar title of “King of Man”.

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