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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2297

Estimate: 200 GBP
Price realized: 420 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 (5), 1787, all edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY, obv Druid's head left within thick oak wreath, two inner leaves over head between the acorns, no acorn at point of hood, rev P M Co cypher, 1787, WE PROMISE TO PAY THE BEARER ONE PENNY, straight 1 and curved 7, 1 between N and Y of PENNY (Atkins p.265, 14; D&H Anglesey 18); obv acorn at point of hood and acorn in centre of wreath in line with the mouth, rev curved 1 and curved 7 (Atkins p.265, 20; D&H Anglesey 22); obv four inner leaves overhead between the acorns, no acorn at point of hood (3), rev 1 under first limb of second N of PENNY (Atkins p.265, 24; D&H Anglesey 28); rev 1 just to right of Y of PENNY (Atkins p.265, 22; D&H Anglesey 30); rev 1 to right of the Y of PENNY, 7 under W of WE (Atkins p.265, 23; D&H Anglesey 31). D&H 18 extremely fine, D&H 22 from the fractured reverse die, nearly very fine, D&H 28 with area of light corrosion on the obverse, otherwise better than extremely fine, faded colour remaining, D&H 30 with minor marks, otherwise good extremely fine, D&H 31 from the polished obverse and fractured reverse dies, good extremely fine with a little faded colour remaining, D&H 28 scarce, D&H 22 rare. (5)

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: £200-250
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