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, five inner leaves over head between acorns, 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 the M, straight 1 and 7, 1 between N and Y of PENNY (D&H Anglesey 74, this token illustrated). Edge bruises and marks, otherwise fair, exceedingly rare.
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: £80-120