Question: I have an 1788 halfpenny with the head of a bearded man in a hood on the front and the words “The Anglesey Mines Halfpenny” 1788 and an ornate set of initials I believe are “PMC” on the back. What is this?
Your halfpenny is a “company” token that was paid to the workers and passed as a standard half penny. The PM Co on the reverse is the Parys Mines Company located in Angelsey, England. This token is worth $10 to $25 depending on condition.