Just found this

Gazza

This was my grandfathers who gave it to me 20ish years ago and I have just come across it again. It in pretty bad condition and is probably worthless but does anyone know anything about it.

IlikeZARcoins

I know it's got sentimental value.

Hold onto it and hand it down to your own kids.

farthing

Encased cent. You're right, it is a bit beat up but the cent looks to be in nice condition.

Good for 5% discount on any purchase J. L. Schwartz, who appears to have a jewelry shop in Yonkers.

The horseshoe shape, good luck symbols and the phrase "Keep me and never go broke" on the front are very typical of encased cents.