Watch List notes:

MIDDLESEX, Spence's Halfpenny, END OF PAIN with a man hanging on a gibbet with a church in the distance, reverse MAY THE KNAVE OF JACOBIN CLUBS NEVER GET A TRICK, (D&H 831a). Extremely fine.

Legend refers to Thomas Paine, radical writer, author of "The Rights of Man", supporter of American independence and of the French Revolution.