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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2311

Estimate: 400 GBP
Price realized: 380 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 (7), 1787, all edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY, obv Druid's head left within thick oak wreath, right wreath terminates with an acorn, no acorn at point of hood, two acorns at tie, below the ribbon (2), rev P M Co cypher, 1787, WE PROMISE TO PAY THE BEARER ONE PENNY, straight 1 and 7, 1 under foot of Y of PENNY, 7 under WE (Atkins p.267, 48; D&H Anglesey 75); rev 1 under second limb of second N of PENNY (Conder p.3, 12; Atkins p.267, 49; D&H Anglesey 76); obv two acorns on left, three on right, left wreath terminates with an acorn, three acorns at tie (2), rev curved 1 and straight 7, 1 just to left of foot of Y of PENNY, 7 under W of WE (D&H Anglesey 77); rev 1 under foot of Y of PENNY, 7 under WE (D&H Anglesey 78); obv acorn outside wreath opposite nose and hood (D&H Anglesey 79); obv one acorn on left, three on right (2), rev 1 under second limb of second N of PENNY (Atkins p.267, 51; D&H Anglesey 80); rev 1 under foot of Y of PENNY (Atkins p.267, 50; D&H Anglesey 82). D&H 75 fair, others generally extremely fine, D&H 76, 79 and 80 with colour remaining, D&H 82 rare, D&H 77, 78 and 80 very rare, D&H 75 extremely rare. (7)

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: £400-500
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