1811 LARGE COPPER PENNY _____Trade Token_____BRISTOL UK___Castle & Sailing Ship

Description

15B45
FRASCATIUS ANCIENTS
A BEAUTIFUL COPPER ONE PENNY TOKEN OF BRISTOL & SOUTH WALES, UNITED KINGDOM, DATED 1811
COIN HAS BEEN LACQUERED
THE SIZE IS 34.3 MM AND 17.50 GRAMS.
Withers 540
OBVERSE – Arms of the city of Bristol, a castle with two towers and a ship sailing left, within a garter frame. Two crossed arms above, one holding a scale (Justice) and one a snake (Wisdom), date below. Beaded border VIRTUTE ET INDUSTRIA · 1811 ·
REVERSE – Crown and three feathers (with motto on ribbon), legend around. Beaded border ONE PENNY TOKEN · BRISTOL & SOUTH WALES · ICH DIEN
EDGE - Central diagonal milling \\
COINAGE
In 1775 the British government ceased production of copper coins, both the half penny and penny. There may have been a sound reason for this, however, the lack of small coinage quickly began to hamper local trade and commerce. The Parys Mining Company in Angsley, Wales, was a miner of copper. Since they had the available resource (copper) they decided to produce half-penny and penny tokens by themselves to alleviate the local problem.
The popularity of the tokens led to other manufacturers, and was apparent by the vast numbers that began to be produced, and within a short number of years there were thousands of different designs in circulation. The edges of the tokens were lettered, so that the holder of the piece would know who had produced it, and could return it to the origin for redemption in legal tender.
Conder Tokens are named after James Conder who was an early collector and cataloged these interesting coins. They are copper coins (usually pennies and half pennies) minted by towns, businesses, and organizations of all types to meet a need for low denomination coinage that was not being provided, not being minted in sufficient quantity by government, or not making it out to the small towns. These lower denominations were needed to pay workers and make change in an increasingly industrialized society. Thousands of varieties of tokens were minted, many are beautiful and intricate works of art.
Because Conder Tokens were minted independently of government, the creators of these tokens had the freedom to make political statements, social commentary, honor great men, ideals, great events, or just advertise their businesses. Most were officially payable only in certain areas and locations.
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NOTE: Frascatius is a life member (LM #6864) of the American Numismatic Association (ANA). Frascatius fully complies with the ANA Member Code of Ethics.
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