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Masonic Penny (Free Masons Medallion) 1780 to Date
The fact that your Masonic penny has little or no wear will make it more valuable than most of these pieces. I am not familiar with terminology in Free Masonry, but apparently the Royal Arch is a branch or order or subgroup borne out of original Masonic origins. There a many, many designs to their medallions. R.A.M. stands for Royal Arch Masons. HTWSSTKS refers to a stone cutter and architect in the Bible.
Evaluating medals and tokens is not as straightforward as legal tender coins. There is a subgroup of collectors who specialize in such items, known as exonumia, but there are far more coin collectors than exonumia collectors. This means demand for coins is greater than for exonumia, and the price of coins is therefore higher.
The values of Masonic tokens like the one in our picture runs from a few US dollars to a few tens of US dollars. If your penny is in excellent condition, it will be evaluated toward the upper end of this range. If you do an Internet search for 'masonic penny' you will find a myriad of hits. EBay is a good place to look as well. Special Masonic tokens, especially ones with dates in the 1700s and 1800s, can approach the $200 mark in retail value.
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