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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2290

Estimate: 150 GBP
Price realized: 170 GBP
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BRITISH 18TH CENTURY TOKENS, WALES, Parys Mine Company,Thomas Williams, (1737-1802), attorney and businessman, part owner and managing partner of the Parys and Mona Mine Companies of Anglesey, Copper Penny, 1787, obv Druid's head left within thin oak wreath, thirty-one acorns in wreath, rev P M Co cypher, D above, 1787 below, WE PROMISE TO PAY THE BEARER ONE PENNY x around, short-topped P of PMCo terminates to left of first ascending stroke of the M, straight 1 and straight 7, first 7 points to first limb of E of THE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (D&H Anglesey 5). Minor marks, otherwise nearly as struck.

Williams effectively gained control of the entire operations of the Parys Mountain and, later, the Cornish Metal Company, giving him a near monopoly over the development and production of copper and the copper trade in Great Britain.

Estimate: £150-200
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