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Baldwin & Sons
Auction 102  4 October 2016
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Lot 2381

Estimate: 200 GBP
Price realized: 280 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, Gilt-copper Halfpenny, 1788, obv Druid's head left within thin oak wreath, twenty-five acorns in wreath, twelve to left and thirteen to right, single and double acorns in wreath, two spurs on left hand leaf stem, upper spur on leaf-stem inward, lower spur below bust, four acorns at tie, rev P M Co cypher, 1788, THE ANGLESEY MINES HALFPENNY around, 1 points between N's of HALFPENNY, second 8 just to right of foot of T of THE, apex of second ascender of M of PMCo points between 8 8 of date, wide date, acorn stop pointing to the start of legend, edge PAYABLE IN ANGLESEY LONDON OR LIVERPOOL (Atkins p.278, 174; D&H Anglesey 305). Obverse scratch and contact marks, otherwise extremely fine and retaining much brilliance, very rare as gilt.

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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