3 Pence - Chalmers 1783 front 3 Pence - Chalmers 1783 back
3 Pence - Chalmers 1783 photo
© PCGS

3 Pence - Chalmers

1783 year
Silver - -
Description
Issuer
Maryland (United States (pre-federal and private/territorial))
Issuing entity
John Chalmers
Period
Confederation Period (1781-1789)
Type
Token
Year
1783
Value
3 Pence (1⁄80)
Currency
Pound
Composition
Silver
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#351548
Rarity index
97%

Reverse

A branch encircled by a wreath.

Script: Latin

Lettering: THREE PENCE. 1783.

Interesting fact

One interesting fact about the Token 3 Pence - Chalmers 1783 from Maryland is that it was one of the first coins to be minted by a private individual or company in the United States. The coin was issued by John Chalmers, a wealthy merchant and landowner in Maryland, who was granted permission by the state legislature to mint coins to address a shortage of small change in the local economy. This coin is considered a rare and valuable piece of American numismatic history, with only a few examples known to exist today.