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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2320

Estimate: 3000 GBP
Price realized: 5200 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, Silver Penny, 1788, obv Druid's head left within thin oak wreath and outer border of acorns, twenty-four acorns in wreath, twelve to left and twelve to right, acorn to point of hood, four acorns at tie, rev P M Co cypher, 1788, WE PROMISE TO PAY THE BEARER ONE PENNY around within a border of acorns, long-topped P of PMCo terminates to right of first ascending stroke of M, curved 1 and 7, 1 just to left of foot of Y of PENNY, second 8 under W of WE and above and to left of apex of the second ascender of M of PMCo, lower flourish ends over the H of THE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (Atkins p.268, 66; D&H Anglesey 99). Trifling marks, otherwise essentially as made and attractively toned, extremely rare, only one other traced in silver.

ex Lincoln Number 1 Collection

ex F S Cokayne Collection, acquired 25 April 1934 for 70/-
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: £3000-5000
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