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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2343

Estimate: 200 GBP
Price realized: 150 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-five acorns in wreath, twelve to left and thirteen to right, single and double acorns in wreath, stem of last leaf springs from side of leaf, spur at point of bust, second acorn on left outside of wreath nearly in line with base of bust, 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 under second limb of second N of PENNY, second 8 between W and E of WE, apex of second ascender of M of PMCo points to first limb of E of WE, upper loop of C of PMCo points between P and R of PROMISE, edge ON DEMAND IN LONDON LIVERPOOL OR ANGLESEY (D&H Anglesey 195, this token illustrated). Scattered marks, otherwise very fine and 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: £200-300
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