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When Warwickshire made its own coins

Henry Biggs was an innkeeper in Birmingham, the ‘General Elliot’ in Moore Street and issued his own ‘Halfpenny’ in 1792 in order that he could give change in the tavern where he was also a licensed victualler. Not unsurprisingly, the design for his halfpenny featured the bust of General Elliot who had so valiantly defended Gibraltar against the French and Spanish some twelve years previously.  The coin is copper and about 30mm wide.

In the 1790s there was no official small copper change in the country. Britain was at war with France and the price of copper had risen causing the regal issue to ‘vanish’.  This caused tremendous hardship for small merchants and shop keepers throughout the country, for how were they to conduct the everyday transactions of selling small goods if they had no change. The Crown was busy with the war and any ‘unofficial’ production of coin of the realm would be seen as forgery which was punishable by hanging ! Eventually a Welsh mining company hit upon the idea of turning their copper straight into pennies and halfpennies but calling them ‘tokens’ that were redeemable in official coin – thus avoiding the forgery problem. As they were the correct weight, no one bothered to change them and in the space of a year, merchants in every town in England started issuing their token pence !

On the edge of Biggs’s halfpenny pictured here, is the legend PAYABLE AT HENRY BIGGS’S MOORE STREET, thus stating that it was redeemable as a halfpenny token and not an actual halfpenny !

This solved the lack of small change in the 1790s and for ten years, until the government got its act together after the war and issued official copper coins. Throughout this last decade of the eighteenth century, it is these copper ‘token’ pence and halfpence one would have had in one’s pocket, all over the country, as small change.

There were many merchants in Warwickshire issuing their own coppers, particularly in Birmingham and Coventry and also other smaller localities such as Warwick, Meriden, Nuneaton and Stratford-upon-Avon

For Meriden there is a beautiful halfpenny token featuring the annual archery competition between the ‘Woodmen of Arden’ that took place there and for Stratford-upon-Avon the halfpenny naturally features William Shakespeare.

Robert Reynolds & Co. were ribbon weavers in Coventry and produced a very elegant token in 1792. One side shows an almost naked Lady Godiva on a horse whilst the other side portrays the arms of Coventry, an elephant and castle.  

The tokens for all these Warwickshire localities can be seen in an auction of 18th. century Tokens being held by A H Baldwin & Sons on the 25th. of May. This is one of the finest collections of these tradesmen’s tokens to come onto the market in many years and each piece can be viewed on https://thestrand.com/departments/coins#upcoming-auctions  They provide a marvellous window into this last decade of the eighteenth century.

Every English county is represented and nearly every English city and market town has a merchant or shopkeeper issuing their own coins and for ten years it was a truly a coinage ‘of the people, by the people, for the people’.

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Local Coinage in Kent: Surviving the Copper Shortage of the 1790s

William Peckham was a general shopkeeper in Appledore in southern Kent and issued his own ‘Halfpenny’ in order that he could give change in the shop. He produced a marvellous coin with one side showing a lamb sleeping with a lion and a legend proclaiming PEACE, INNOCENSE AND PLENTY which is probably a sentiment based on Britain’s continuing war with France and the deprivations and hardships it caused. On the other side a windmill is portrayed which would have been a common feature on the landscape at that time. The coin is copper and about 30mm wide.

In the 1790s there was no official small copper change in the country. Britain was at war with France and the price of copper had risen causing the regal issue to ‘vanish’.  This caused tremendous hardship for small merchants and shop keepers throughout the country, for how were they to conduct the everyday transactions of selling small goods if they had no change. The Crown was busy with the war and any ‘unofficial’ production of coin of the realm would be seen as forgery which was punishable by hanging ! Eventually a Welsh mining company hit upon the idea of turning their copper straight into pennies and halfpennies but calling them ‘tokens’ that were redeemable in official coin – thus avoiding the forgery problem. As they were the correct weight, no one bothered to change them and in the space of a year, merchants in every town in England started issuing their token pence !

On the edge of the Peckham’s halfpenny, pictured here, is the legend PAYABLE AT W. PECKHAM’S APPLEDORE, thus stating that it was redeemable as a halfpenny token and not an actual halfpenny !

This solved the lack of small change in the 1790s and for ten years, until the government got its act together after the war and issued official copper coins. Throughout this last decade of the eighteenth century, it is these copper ‘token’ pence and halfpence one would have had in one’s pocket, all over the country, as small change.

There were many merchants in Kent issuing their own coppers, particularly in the town of Canterbury, and also other smaller localities such as Sandwich, Romney marsh, Dover, Hythe, Dymchurch, Brookland, Tenterden. Staplehurst, Lamberhurst, Maidstone, Deptford, Benenden, Deal, Faversham Goudhurst, Hawkhurst Sheerness, Bromley  and Chatham.

The halfpenny token used at Deal in 1794 was issued by Richard Long who was a bookseller and ran a library there.  Newspapers would be sent down from London and these ‘reading rooms’ were the main source of information – especially regarding the war with France! Long was fairly prominent in the town and was on the Town Council and also an agent for Kent Life and Annuity Office. His token features a man-of-war with the legend THE GUARD AND GLORY OF G’ BRITAIN which had particular relevance in these troubled times. The reverse bears the cinque Port arms of nearby Sandwich.

Another bookseller and library owner issued a token in Dover, John Horn, as well as having the ‘Public reading Room’ in King Street, also operated the Apollo Circulating Library which circulated that part of Kent. His establishment in King Street was not just a mere reading room but more a fashionable lounge with music and a watering hole for the gentry. On his token he featured the Prime Minister William Pitt who was also Lord Warden of the Cinque Ports and on the reverse, the Cinque port arms of Dover.

The tokens for all these Kent localities can be seen in an auction of 18th. century Tokens being held by A H Baldwin & Sons on the 25th. of May. This is one of the finest collections of these tradesmen’s tokens to come onto the market in many years and each piece can be viewed on https://thestrand.com/departments/coins#upcoming-auctions  They provide a marvellous window into this last decade of the eighteenth century.

Every English county is represented and nearly every English city and market town has a merchant or shopkeeper issuing their own coins and for ten years it was a truly a coinage ‘of the people, by the people, for the people’.

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Exploring Tokens: Early Day Marketing Strategies

Markes Lambe, a surgeon in the Royal Navy, was from Bath, his mother Mary had a shop in that city selling fine tees and coffees and in the mid 1790s both issued their own ‘Halfpennies’ in order that they could give change in the shop and generally. With his military background he chose to feature on his halfpenny the Somerset Yeoman Cavalry, which had been raised to combat the expected Napoleonic invasion and a troop with which he well have been involved. His mother chose a camel to grace her coin, representing the East and all its allure to reflect the exotic qualities of her stock – both coins are around 30mm in breadth.

In the 1790s there was no official small copper change in the country. Britain was at war with France and the price of copper had risen causing the regal issue to ‘vanish’.  This caused tremendous hardship for small merchants and shop keepers throughout the country, for how were they to conduct the everyday transactions of selling small goods if they had no change. The Crown was busy with the war and any ‘unofficial’ production of coin of the realm would be seen as forgery which was punishable by hanging ! Eventually a Welsh mining company hit upon the idea of turning their copper straight into pennies and halfpennies, but calling them ‘tokens’ that were redeemable in official coin – thus avoiding the forgery problem. As they were the correct weight, no one bothered to change them and in the space of a year, merchants in every town in England started issuing their token pence !

On the edge of Mary Lambes’s halfpenny, pictured here, is the legend PAYABLE BY M. LAMBE & SON, thus stating that it was redeemable as a halfpenny token and not an actual halfpenny !

This solved the lack of small change in the 1790s and for ten years, until the government got its act together after the war and issued official copper coins. Throughout this last decade of the eighteenth century it is these copper ‘token’ pence and halfpence one would have had in one’s pocket, all over the country, as small change.

There were many merchants in Somerset issuing their own coppers, particularly in the towns of Bristol and Bath, and also other smaller localities such as Bridgewater, Taunton, Crewkerne, Yeovil Ilchester and Freshford

The halfpenny token used at Bridgewater in 1794 was issued by John Holloway who was a tailor and draper there but more importantly was also the postmaster in Bridgewater and it is this post office building which he portrays on his token. The actual address is not known but one researcher has possibly identified the building as being no. 3 Cornhill. Holloway was eventually dismissed from his position as postmaster in 1799 – for delaying delivery of the London newspapers because he was reading them  !

Auctioneers Niblock & Hunter were auctioneers in Bristol and they produced a marvellously quaint token with some pretty early ‘in your face’ advertising – two elegant Georgian gentleman are standing talking and one is saying ‘I want to buy some cheap bargains’ and the other replies ‘Then go to Niblock’s in Bridge Street’ and just in case there is any confusion as to which bridge Street this is, the other side has a view of Bristol Bridge !

The tokens for all these Somerset localities can be seen in an auction of 18th. century Tokens being held by A H Baldwin & Sons on the 25th. of May. This is one of the finest collections of these tradesmen’s tokens to come onto the market in many years and each piece can be viewed on https://thestrand.com/departments/coins#upcoming-auctions  They provide a marvellous window into this last decade of the eighteenth century and almost every English town is represented in this collection.

Every English county is represented and nearly every English city and market town has a merchant or shopkeeper issuing their own coins and for ten years it was a truly a coinage ‘of the people, by the people, for the people’.

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When Sussex produced its own coins in the 1790s !

James Dally was a linen draper in Chichester, with a shop near to the High Cross and in 1794 he issued his own Halfpenny that he could give in change. His little copper coin is about 27mm in breadth and features Queen Elizabeth I and the Bishop Storey’s High Cross which was just by his shop.

In the 1790s there was no official small copper change in the country. Britain was at war with France and the price of copper had risen causing the regal issue to ‘vanish’.  This caused tremendous hardship for small merchants and shop keepers throughout the country, for how were they to conduct the everyday transactions of selling small goods if they had no change. The Crown was busy with the war and any ‘unofficial’ production of coin of the realm would be seen as forgery which was punishable by hanging !. Eventually a Welsh mining company hit upon the idea of turning their copper straight into pennies and halfpennies but calling them ‘tokens’ that were redeemable in official coin – thus avoiding the forgery. As they were the correct weight, no one bothered and in the space of a year, merchants in every town in England started issuing their token pence !

On the edge of James Dally’s halfpenny, pictured here, is the legend PAYABLE AT DALLYS CHICHESTER, thus stating that it was redeemable as a halfpenny and not an actual halfpenny !

This solved the lack of small change in the 1790s and for ten years, until the government got its act together after the war, and issued official copper coins. Throughout the 1790s it is these copper ‘token’ pence and halfpence one would have had in one’s pocket, all over the country, as small change.

There were many merchants in Sussex issuing their own coppers, particularly in the towns of Brighton and Chichester, but also other smaller localities such as East Grinstead, Horsham, Lamberhurst, Northiam, Winchelsea, Hastings and Eastbourne

The halfpenny token used at Eastbourne in 1796 was issued by Frederick Fisher who sold stationary and was also an auctioneer. His establishment was a fashionable ‘library’, a sort of reading room which the visiting gentry would frequent – which explains the rather obsequious message on his token. Fortune did not smile on him as by 1803 he had gone bankrupt but he then moved to London and became an estate agent!  

The token for Brighton is an enigmatic piece – probably issued for collectors at the time, but at the same time could be used as change, this token features an officer conducting an attack and on the other side ships and trophies of war – obviously a references to the war with France.

The tokens for all these Sussex localities can be seen in an auction of 18th. century Tokens being held by A H Baldwin & Sons on the 25th. of May. This is one of the finest collections of these tradesmen’s tokens to come onto the market in many years and each piece can be viewed on https://thestrand.com/departments/coins#upcoming-auctions  They provide a marvellous window into this last decade of the eighteenth century and almost every English town is represented in this collection.

Every English county is represented and nearly every English city and market town has a merchant or shopkeeper issuing their own coins and for ten years it was a truly a coinage ‘of the people, by the people, for the people’.

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The tokens of Norfolk and Suffolk

Joseph Clarke was a hatter, hosier and furrier in Norwich, with a shop just off the Market Place and in 1794 he issued his own Halfpenny that he could give in change. His little copper halfpenny, about 27mm in breadth and prettily advertises the sort of items he sold.

In the 1790s there was no official small copper change in the country. Britain was at war with France and the price of copper had risen causing the regal issue to ‘vanish’.  This caused tremendous hardship for small merchants and shop keepers throughout the country, for how were they to conduct the everyday transactions of selling small goods if they had no change. The Crown was busy with the war and any ‘unofficial’ production of coin of the realm would be seen as forgery which was punishable by hanging !. Eventually a Welsh mining company hit upon the idea of turning their copper straight into pennies and halfpennies but calling them ‘tokens’ that were redeemable in official coin – thus avoiding the forgery . As they were the correct weight,  no one bothered and in the space of a year, merchants in every town in England started issuing their token pence !

On the edge of Joseph Clarke’s halfpenny pictured here is the legend PAYABLE AT J CLARKES MARKET PLACE NORWICH, thus stating that it was redeemable as a halfpenny and not an actual halfpenny !

This solved the lack of small change in the 1790s and for ten years, until the government got its act together after the war and issued official copper. Until then, throughout the 1790s it is these copper ‘token’ pence and halfpence one would have had in one’s pocket.

There were many merchants in Norfolk issuing their own coppers, particularly Norwich but also other towns such as Aylsham, Wroxham, Yarmouth and Harleston – and also in Suffolk, Towns such as Bungay, Blything, Bury St. Edmunds, Hoxne, Hartismere, Haverhill, Sudbury and especially Ipswich.

Michael Apsey was an ironmonger and brazier in Bury St. Edmunds with a shop in the Butter Market and produced this undated halfpenny in around 1795. It has the marvellous legend of ‘SUCCESS TO TRADE’, which sadly was a forlorn hope in his case, as he is recorded as being declared bankrupt a couple of years later in 1797 !  It took eight years before his stock and shop were eventually sold off.

The tokens for all these East Anglian localities can be seen in an auction of 18th. century Tokens being held by A H Baldwin & Sons on the 25th. of May.

This is one of the finest collections of these tradesmen’s tokens to come onto the market in many years and each piece can be viewed on https://thestrand.com/departments/coins#upcoming-auctions.

They provide a marvellous window into this last decade of the eighteenth century and almost every English town is represented in this collection.

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Forged in Copper: The Fascinating Tale of the Mortonhampstead Halfpenny Token

Mortonhampstead Halfpenny | Baldwin’s

In 1670 the town authorities of Mortonhampstead in Devon issued their own Halfpenny. At the time, there was a national shortage of official small copper change which led to the private issue of token halfpence and farthings by local merchants and town authorities in order that they might provide small change to facilitate trade, and most importantly that there was sufficient low value coin in circulation that could be given as largess to the poor of the parish.

The token is small, around 22mm in dimeter and struck in copper. The obverse bears the legend “YE 8 MEN & FEEFFEES  OF MORTON 1670” whilst the reverse features a depiction of the town’s church, with the inscription “FOR YE BENEFIT OF YE POOR” around the edge.

The Mortonhampstead Town Halfpenny became a widely accepted form of change not on in the town itself but also in the villages around where there was a dire need of small change. The town had three other shopkeepers issuing tokens – John Newton a candle-maker, John Tucker a tailor and Thomas Aish of unknown occupation. These private tokens issued in market towns and villages all over Britain were the only change available until the 1680s when the government finally got round to issuing an official copper change.

This particular halfpenny token of a Devon market town is very rare and is priced at £185. coming with a 1920s ticket in the hand of Albert Baldwin priced at five shillings.

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Marvellous in our Eyes: The Story of James I’s Rose Ryal, a Regal Symbol of Wealth and Prestige

James I (1603-25), Rose Ryal of Thirty Shillings, second coinage, mm Rose | Baldwin’s

The Rose Ryal of James  I was  a thirty shillings piece issued for use in England from 1604 – 1619 as part of the second coinage, which was an adjustment of weights so that denominational value reflected the actual value of the gold in circulation.

Prior to James I’s accession to the throne, the value of gold had risen and smaller gold denominations were introduced whilst the weight of continued larger denominations were reduced slightly.

The Rose Ryal was a large, impressive coin, weighing over 13 grams and measuring 42 millimetres in diametre. The coin’s obverse featured a ‘full’ portrait of the enthroned monarch James I, while the reverse showed a crowned Tudor rose with a shield at the centre, surrounded by the inscription “A. DNO. FACTV. EST. ISTVD. ET. EST. MIRAB. IN. OCVL. NRIS.” This Latin inscription translates to “This is the Lord’s doing, and it is marvellous in our eyes.”

The Rose Ryal was minted in limited quantities, with only 4,800 coins produced in the first year of issue. The coin’s value was equivalent to thirty shillings, which was a significant amount of money at the time. The Rose Ryal was primarily used as a gift or as a way of demonstrating wealth and prestige rather than as a circulating coin.

Despite its limited use, the Rose Ryal remained in circulation for a long time, with examples being found as late as the 19th century. Today, the coin is highly sought after by collectors and can command a high price at auction.

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A Tiny Coin with a Big Story

George I (1714-27), ‘Dump’ Farthing

The coin presented below is a “dump” farthing that was minted during the reign of George I of Great Britain. This particular coin was produced in 1717, just three years into George I’s reign.

George I (1714-27), ‘Dump’ Farthing, 1717 | Baldwin’s

At the time, the British monetary system was undergoing change, with new coinage being introduced to replace older, worn out coins. The dump farthing was one of the new denominations introduced during this time, and it was unique in that it was a much larger and thicker coin than other farthings of the period.

The term “dump” refers to the method of production used for these coins. Rather than being struck with dies like other coins, dump farthings were made by casting molten metal into pre-formed molds. This allowed for a much faster production process, but it also meant that the quality of the coins was somewhat lower than other coins of the period in that they were not as ‘sharp’ as the struck coin.

The obverse of the coin features a bust of King George I facing left, with the inscription “GEORGIVS REX” surrounding the image. The reverse of the coin shows a seated figure of Britannia holding a shield and trident, with the inscription “BRITANNIA” below.

Despite their larger size, dump farthings were not a popular denomination and were quickly replaced by smaller, more standard-sized, struck farthings. As a result, they are relatively rare and highly sought after by collectors today.

This particular coin is a fascinating piece of British numismatic history, reflecting the changes and developments in the manufacture of British coinage during the early 18th century. It also provides a glimpse into the production techniques and methods used to produce coins during this period.

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A.H. Baldwin’s Inaugural E-Sale Achieves Impressive Sales Rate 

London, UK – A.H.Baldwin’s conducted their inaugural E-Sale on March 21st, 2023, showcasing a collection of Chinese cash coins that spans over 2,000 years of history.  

This particular assortment was sourced from the eminent British diplomat, Sir William Ehrman. The auction boasted an impressive 96% sales rate, exceeding the low estimate with robust prices throughout. Bidding wars persisted until the last moment, demonstrating significant collector interest in these rare items. 

This is one of the most comprehensive collections of Chinese cash coins to hit the market, encompassing the Warring States period to the Republic of China. 

 A standout from the Warring States period, the Zhou Dynasty’s Lin cash coin (lot 5), fetched £2,600. Lot 21 featured a captivating key segment inlaid with gold from the era of Wang Mang, which sold for £850. Lot 35 presented an exceedingly rare item, the Former Liang, Liang Zao Xin Quan cash coin, which sold for £2,500.  

The most exceptional lot of the sale was lot 40, which contained a selection of small Song Dynasty coins (namely Jing He, Yong Guang, and Liang Zhu) that were issued by Emperor Fei and seldom seen in markets across the world. This lot achieved an impressive £4,500.  

Tang Dynasty Rebels, Yuan Rebels, and Taiping Rebellion cash coins also fetched strong prices. Lastly, lot 113, a rare Qing coin of Abahai, sold for £3,000. 

A.H. Baldwin has a long history of offering exceptional coins and other collectibles to its clients, and this auction was no exception. The company’s team of experts worked tirelessly to curate a collection of coins that were not only rare and valuable but also historically significant. 

We would like to thank everyone who participated in the auction, and we look forward to bringing you more rare and valuable coins in our future auctions. 

For more information about the auction, including a full list of the lots offered and their prices, please visit A.H. Baldwin’s website at www.baldwin.co.uk

About A.H. Baldwin  

Founded in 1872, A.H. Baldwin is one of the oldest and most respected numismatic firms in the world. The company offers a wide range of rare coins, medals, and other collectibles, as well as expert appraisal and auction services. With a reputation for excellence and a commitment to customer satisfaction, A.H. Baldwin has become a trusted partner for collectors and enthusiasts around the world.  

Based at 399 Strand in London, A.H. Baldwin continues to be a leader in the world of numismatics, offering a wide range of rare coins, medals, and other collectibles. The company’s team of experts include some well know TV personalities, like Mark Smith a regular Medal Specialist on BBC Antiques Roadshow and Dominic Chorney who collaborates frequently with the BBC, including other of the most knowledgeable and experienced professionals in the field. Their commitment to excellence and customer satisfaction is a hallmark of the A.H. Baldwin brand. 

Throughout its long and storied history, A.H. Baldwin has remained true to its founding principles, providing collectors and enthusiasts with exceptional coins and collectibles. The company’s commitment to quality and service has earned it a reputation as one of the most respected and trusted names in the world of numismatics, and it continues to be a leading force in the industry today. 

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Contact details:  

Tel: +44 (0)20 7930 6879 

coins@baldwin.co.uk 

A. H. Baldwin & Sons Ltd, 399 Strand, London, WC2R 0LX