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-five acorns in wreath, twelve to left and thirteen to right, single and double acorns in wreath, last inside acorn to left springs from stem of last leaf, acorn just above 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, short-topped P of PMCo terminates to left of first ascending stroke of M, curved 1 and straight 7, 1 to second limb of second N of PENNY, second 8 under W of WE, apex of second ascender of M of PMCo points to first limb of E of WE, upper loop of the C of PMCo points just to right of foot of P of PROMISE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (D&H Anglesey 173, this token illustrated). A small amount of pigment remaining on the edge, scratches, contact marks and light blemishes, otherwise very fine and exceedingly rare.

The reverse of this token is that used as the D&H Plate. The obverse in D&H is actually that of D&H 174. D&H frequently used representative images where a better image of a die is available. See following lot.
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: £150-200