BRITISH 18TH CENTURY TOKENS, ENGLAND, John Milton, (1751-1843), grocer and draper, Winchelsea, Silver Penny, 1789, obv laureate bust right, GEORGIVS . III . DEI . GRATIA around, rev arms of London supported by sword and mace, rays of the sun above, VISITED ST PAULS around, 23 APRIL 1789 in exergue, rays extend over the legend, edge plain (Conder p.75, 58; Atkins p.80, 103; D&H Middlesex 177). Essentially as made, attractively toned.
Milton was appointed as Assistant Engraver at the Royal Mint in 1787 and was Medalist to the Prince of Wales. Milton executed dies for a number of provincial coins including those for Colonel Fullarton. Sir Joseph Banks noticed these dies while they were still in Milton's possession and, remarking upon their resemblance to national silver coin then in circulation, cautioned Milton against the project as the artist may be subject to "a charge little short of High Treason". The project was ultimately abandoned but Milton was later dismissed from the Royal Mint in 1798 after it was learned that he had been supplying counterfeit dies to produce foreign gold.
Estimate: £150-250