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, spur on inside stem to right under bust, second outside acorn to right under line of bust, acorn 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 under first limb of second N of PENNY, second 8 under second downstroke of W of WE, apex of second ascender of M of PMCo points just to left of second 8, upper loop of C of PMCo points to left of P of PROMISE, edge ON DEMAND IN LONDON LIVERPOOL & ANGLESEY (Atkins p.272, 111; D&H Anglesey 240). Small spot, otherwise good extremely fine and exceptionally 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: £300-500