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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2203

Estimate: 400 GBP
Price realized: 880 GBP
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BRITISH 18TH CENTURY TOKENS, ENGLAND, Thomas Spence, 1750-1814), Newcastle schoolmaster and writer who moved to London in 1792, where he set up shop as a bookseller and became an active member of the London Corresponding Society, Copper Halfpenny, 1795, obv sailor standing right, * J. SPENCE * SLOPSELLER * NEWCASTLE * around, JAMES in exergue, rev man in a barge, * COALY X TYNE * around, 1795 in exergue, edge milled (D&H Northumberland 3b). Likely struck over a brockage of the same obverse die, essentially as made and retaining some colour, exceptionally rare, this the only specimen traced.

ex F S Cokayne Collection, acquired 22 December 1914 for 45/-
Spence allowed his home and shop to be used for meetings and, in May 1794, was arrested along with a dozen others, and remitted to Newgate Prison for his efforts. Upon release he entered the business of selling tokens, publishing a handbill listing twenty obverse and twenty reverse dies that could be ordered paired in any combination, and authoring an early guide to the series, The Coin Collector's Companion in 1795. He issued and sold a variety of tokens before quitting the business in late 1796. His stock and dies passed to Skidmore where they continued to be muled amongst themselves and with others then in Skidmore's possession.

Estimate: £400-600
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