Watch List notes:

Glasgow, Gilbert Shearer & Co., Boulton's Halfpenny 1791, Arms of the City of Glasgow, rev,
personification of the river Clyde reclining right, edge, PAYABLE AT THE HOUSE OF GILBERT
SHEARER & CO: 29mm/12.72gm. (DH 2), good Extremely Fine with full mint lustre, superb.

Ex. F S Cokayne Col. acquired Baldwin c.1946, his ticket.