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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2359

Estimate: 150 GBP
Price realized: 200 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-four acorns in wreath, twelve to left and twelve to right, single and double acorns in wreath, last leaf stem on left springs from the side of leaf, spur on right inside leaf stem under bust, acorn slightly 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, straight 1 and 7, 1 just to left of second limb of the second N of PENNY, second 8 under second downstroke of W of WE, apex of second ascender of M of PMCo points to centre of second 8, upper loop of C of PMCo points to foot of P of PROMISE, edge ON DEMAND IN LONDON LIVERPOOL & ANGLESEY (D&H Anglesey 235, this token illustrated). Small amount of pigment remaining on the edge, good extremely fine with a bit of red casting wax adhering.

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
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