½ Penny (Middlesex - London / Salter's) ND (1787-1797) front ½ Penny (Middlesex - London / Salter's) ND (1787-1797) back
½ Penny (Middlesex - London / Salter's) ND (1787-1797) photo
© GT Foreman (CC BY-NC)

½ Penny Middlesex - London / Salter's ND

 
Copper - 28.5 mm
Description
Issuer
United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies)
King
George III (1760-1820)
Type
Token
Years
1787-1797
Value
½ Penny (1⁄480)
Currency
Conder tokens (1787-1797)
Composition
Copper
Diameter
28.5 mm
Thickness
2 mm
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#326385
Rarity index
90%

Reverse

View of a shop front within inner circle, legend around.

Script: Latin

Lettering: * CHEAPEST HAT WAREHOUSE IN THE WORLD.

Edge

Plain

Comment

Salter & Co. were originally at 4 & 8 King Street in the East End of London and opened new shops at Ratcliff Highway and Whitechapel about the time this undated token was issued.

Interesting fact

One interesting fact about the Token ½ Penny (Middlesex - London / Salter's) ND (1787-1797) coin is that it was issued during a time of severe coinage shortages in the United Kingdom, particularly in the late 18th century. The coin was minted by a private company, Salter's, and was one of many tokens issued by various companies and individuals to address the shortage of official currency. The use of copper for the coin's material was likely chosen due to its low cost and abundance, making it an affordable option for the production of tokens. Despite its origins as a token, the coin has become a sought-after collector's item among numismatists today.