Watch List notes:

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 thick oak wreath, four inner leaves over head between the acorns, no acorn at point of hood, two acorns at tie above the ribbon, rev P M Co cypher, 1787 above, WE PROMISE TO PAY THE BEARER ONE PENNY around, long-topped P of PMCo terminates to right of first ascending stroke of M, curved 1 and 7, 1 under foot of Y of PENNY, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (Atkins p.265, 21; D&H Anglesey 29, this token illustrated). Surface marks, edge nick and rough spot on the reverse, otherwise extremely fine and with substantial red casting wax adhering.

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: £80-100