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-four acorns in wreath, twelve to left and twelve to right, single and double acorns in wreath, no stem on last leaf to left, acorn just above point of hood, spur on leaf stem just to left of beard, 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 under 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 & ANGLESEY (D&H Anglesey 207, this token illustrated). Small amount of pigment remaining on the edge, contact marks and rough surfaces, a little red casting wax adhering, 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