Watch List notes:

CONDER TOKENS, Lincolnshire. Spalding. CU Halfpenny Token (28mm, 9.52 g, 6h). Dated 1794. Britannia standing left, holding olive branch, shield and spear; in background, ships at sea; to right, man plowing left above man toiling right; small lion in exergue / Cypher TI in a shield between sprigs of flowers; crest, a demi-lion. Edge: PAYABLE AT T. IENNINGS'S SPALDING & HOLBEACH – x –. D&H 6. Red-brown surfaces, die breaks. EF.

From the Sigmund Collection.