The coin in question is a notable example of a pre-Revolutionary American currency, specifically from the series of private and regional issues that circulated prior to 1776. This particular specimen hails from the Philadelphia mint and is dated 1724/3, indicating its production during a volatile economic period in early American history. This 1P denomination coin is composed of Bath Metal, a mix of copper and other elements that was commonly used in coinage during that era. It features a design that is characteristic of the private coinage of the time, though no specific designer is noted. Despite being produced in 1724, this coin is particularly intriguing due to its uniqueness—the mintage indicates that it is one of a limited number of pieces created for circulation, which typically contributes to its overall scarcity and value among collectors. Remarkably, the physical dimensions of the coin—width, height, and diameter—are unlisted, often suggesting that the coin may be in a condition that renders its exact specifications difficult to ascertain. Additionally, while no mint mark is present, this does not detract from its historical significance. Overall, this coin represents an important piece of American numismatic history, spanning back to the early 18th century, and would be a prized possession for collectors of early American currency and enthusiasts of colonial history.
