1771 Machin Mills Half Penny Colonial Copper Coin

Description

1771 Machin Mills Half Penny Colonial Copper Coin
1771 Machin Mills Half Penny Colonial Copper. A low grade example of this rare coin.
Many of the copper coins in circulation during the 1780s-90s were counterfeits made at a site called Machin's Mills near Newburgh, New York. Thomas Machin and his partners made a specialty of producing fakes of whatever copper coins were being most widely accepted at the time. Since the popularity of each issue varied from one year to the next, he even overstruck the designs of one coin type on existing coins of another type to take advantage of this shifting favor! Machin's pieces were omnipresent in the late 1780s and helped to bring about a sharp reduction in value for all copper coins then circulating. Today, they are highly sought by collectors as historic relics.
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