½ Penny Middlesex - Newgate / LCS
1794 year| Copper | - | 28 mm |
| Issuer | United Kingdom (United Kingdom, British Overseas Territories and Crown Dependencies) |
|---|---|
| Type | Token |
| Year | 1794 |
| Value | ½ Penny (1⁄480) |
| Currency | Conder tokens (1787-1797) |
| Composition | Copper |
| Diameter | 28 mm |
| Shape | Round |
| Technique | Milled |
| Orientation | Coin alignment ↑↓ |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#197807 |
|---|---|
| Rarity index | 94% |
Reverse
Four people standing; the fable of the Bundle of Sticks. Legend around.
Script: Latin
Lettering: LONDON CORRESPONDING SOCIETY.
Comment
Political Series - token in support of Revolution (Thomas Hardy was Secretary to the London Corresponding Society).Interesting fact
One interesting fact about the Token ½ Penny (Middlesex - Newgate / LCS) 1794 from United Kingdom is that it was issued during a time of severe coinage shortages in the country. The British government had been unable to produce enough coins to meet the demand of the growing economy, leading to a shortage of small denomination coins like the penny. To address this issue, private companies and individuals began minting their own coins, known as tokens, which were accepted as currency by merchants and traders. The Token ½ Penny (Middlesex - Newgate / LCS) 1794 is an example of one such token, minted by the London Copper Company (LCS) in 1794. It was made of copper and features an image of a Britannia on the obverse side, with the reverse side bearing the inscription "HALF PENNY" and the initials "LCS" (London Copper Company). Despite being issued by a private company, these tokens were widely accepted as currency and played an important role in the economy of the time.
