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, 1788, obv Druid's head left within thin oak wreath and outer border of acorns, twenty acorns in wreath, eleven to left and nine to right, the left ends with two pairs, 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 W of WE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (Atkins p.268, 71; D&H Anglesey 114, this token illustrated). A little verdigris on the obverse, scattered marks, a bit of red casting wax adhering and a small amount of pigment remaining on the edge, otherwise extremely fine, scarce.

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