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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2323

Estimate: 100 GBP
Price realized: 95 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, 1788, obv Druid's head left within thin oak wreath and outer border of acorns, twenty-one acorns in wreath, eleven to left and ten to right, single and double acorns in wreath, 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 second downstroke of W of WE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (D&H Anglesey 108, this token illustrated). Small amount of pigment remaining on the edge, fair but 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: £100-150
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