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Hampshire 1794 Talbot Allum & Lee Mule Halfpenny Conder Token

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Hampshire 1794 Talbot Allum & Lee Mule Halfpenny Conder Token

Hampshire 1794 Talbot Allum & Lee Mule Halfpenny Conder Token
Hampshire 1794 Talbot Allum & Lee Mule Halfpenny Conder Token
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1794 Talbot Allum & Lee Mule Hampshire 56 Conder Token RARE
Hampshire D&H 56
Halfpenny
Composition: Copper
Diameter:29MM
Condition:AUN
This was made for the general use of the population and many are very well worn.
All of them have the dye flaws in front of the nose and to the rear of his head on the obverse.
I have another one for sale on this site and one picture of one like this that sold for 55K
also on this site. RARE in this condition

________________________________________________________________________
Copper cent (halfpenny) token issued in 1795 by Talbot Allum & Lee of New York.

Obverse : Standing figure of Liberty (following the French style with her right breast exposed) and in her right hand she holds a staff with a liberty cap on top while behind her is a large bale;
around is the legend 'LIBERTY & COMMERCE'. Reverse : A merchant ship in full sail at sea, 'AT THE STORE OF TALBOT ALLUM & LEE. NEW YORK'. Edge : ''I PROMISE TO PAY THE BEARER ONE CENT'.
Diesinker possibly T. Wyon. Manufacturer Kempson.

In 1794 William Talbot, William Allum, and James Lee, joined into a partnership to open an East India trading company located at 241 Water Street in New York City. At that time they commissioned
Peter Kempson's mint in Birmingham to produce at least two tons of copper tokens for the firm. These tokens, probably designed by Thomas Wyon, bear the dates 1794 and 1795 and were designated
as cents with an average weight just about the same as a Regal British halfpenny.

This was the first American merchant token produced on a large scale. In fact, so many were produced, the company had more than they could use. On April 23, 1795, William Talbot sold the
Philadelphia mint 1,076 pounds of the tokens (about 52,000), mostly the 1795 variety. The mint, desperately seeking copper stock, used these tokens as planchets for the 1795 half cents variety
without poles (which were actually minted in the spring of 1796). In 1796 Lee retired, and soon after the firm dissolved. On December 10, 1796, the Philadelphia mint purchased all of the
remaining stock of these tokens (1,914 pounds) from Mr. Talbot and used them as planchets for 1797 half cents.

These tokens are now scarce and although they are not British they were made in Britain and are an interesting extension of the series - especially as British tokens are sometimes muled with the Talbot Allum & Lee 'Liberty' .

Not in D&H 29mm. RARE

Very Fine to Extremely Fine, toned.

SKU T56
Qty
Price $799.00

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