NumisBids
  
Stack's Bowers & Ponterio
January 2018 NYINC Auction  11-13 Jan 2018
View prices realized

Lot 21362

Starting price: 600 USD
Lot unsold
Find similar lots
Share this lot: Share by Email
SCOTLAND. Lanarkshire. New Lanark. 5 Shillings, ND (ca. 1811-20). PCGS VG-10 Secure Holder.
Manville-69(this coin listed); KM-CC66; Brunk-52665. Issued by Robert Owen and partners. Countermark: 5/- surrounded by: "Payable at Lanark Mills" with lozenge stop. Struck on a 1806-MoTh 8 Reales. Originally New Lanark mills was owned and operated by David Dale who retired in 1799 and sold New Lanark, at the time the largest cotton mill in Scotland, for 60,000 pounds to Mr. Robert Owen of Manchester. When Mr. Owen became managing partner on 1 January 1800 he quickly began to tighten control of costs, quality, management practices, monitor wages and time-keeping resulting in the dismissal of a number of employees. Though he was strict he was fair and won the approval of his employees. The mill offered free education for children and had a church among other improvements in living standards. Well worn with lovely old cabinet tone displaying an attractive slate with hints of iridescence. According to Manville this is the only example of this host date in private hands. A pleasant example with a good provenance. Countermark: VF DETAIL. Host coin PCGS VG-10 Secure Holder.

Ex: Walter Allen Collection sold by Spink Auction 34, March 14-15, 1984; lot# 69.

Bt. de Rouffignac (Wigan) July 1978.

Estimate: $1000.00- $1500.00

Question about this auction? Contact Stack's Bowers & Ponterio