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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2369

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, 1791, 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, acorn above point of hood, four acorns at tie, rev P M Co cypher, 1791, WE PROMISE TO PAY THE BEARER ONE PENNY around, short-topped P of PMCo terminates to left of first ascending stroke of M, straight 1 and 7, edge ON DEMAND IN LONDON LIVERPOOL & ANGLESEY (Conder p.2, 10; Pye p.2, 5; Atkins p.273, 122; D&H Anglesey 255). Minor blemishes, otherwise nearly good extremely fine.

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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