Coin Specifications

Category: Early American - Pre-Declaration (1616-1775)
Mint: Royal Mint (?)
Composition: Copper
Diameter: 20.5mm
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c.1659 LORD BALTIMORE MARYLAND 1P MS obverse c.1659 LORD BALTIMORE MARYLAND 1P MS reverse
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Description & Analysis

The extremely rare Lord Baltimore Maryland Penny, or Denarium, is known by only eight or so examples. There is some speculation that these pieces were patterns, but other evidence, including wear on some specimens and one piece recovered by a metal detector, indicates that they were intended for circulation.

The Lord Baltimore Maryland coinage was ordered by Cecil Calvert, 2nd Lord Baltimore, who in 1632 received a charter from King Charles I of England to establish the new colony of Maryland. This charter gave Calvert nearly equal authority to the monarch in the territory, including the right to strike coins.

On October 16, 1659, Cecil Calvert sent a letter to his brother Philip Calvert in Maryland along with samples of a new “Maryland money” that he intended to circulate in the colony. The Maryland Assembly initially resisted, but on April 17, 1661, an act was passed that authorized the establishment of a mint to strike coins. The following year, an act was passed that required every taxable person in Maryland to exchange 60 pounds of tobacco for 10 shillings of the new coins.

Although the Maryland Assembly’s act of 1661 authorized a mint in the colony, it is believed that all of the Lord Baltimore Maryland coinage was struck in England, most likely at the Royal Mint.

GRADE SUMMARY

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Price Guide

Last Updated: 5/24/2019

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c.1659 LORD BALTIMORE 1P MARYLAND MS BN
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 250000 - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 1
Low Grade: 62
Average Grade: 62
High Grade: 62

The chart showing 62 series.
NGC CENSUS DETAIL Last Updated: 2/18/2020 c.1659 LORD BALTIMORE 1P MARYLAND MS BN
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1--------1
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Total-------------1--------1
 -------------100%-------- 

NGC Registry

NGC Registry Score c.1659 LORD BALTIMORE 1P MARYLAND MS BN
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111111111111111111
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0000001111111111111100
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