½ Penny - Myddelton Token “Copper” (Pattern) 1796 front ½ Penny - Myddelton Token “Copper” (Pattern) 1796 back
½ Penny - Myddelton Token “Copper” (Pattern) 1796 photo
© PCGS

½ Penny - Myddelton Token “Copper” Pattern

1796 year
Copper - -
Description
Issuer
Kentucky (United States (pre-federal and private/territorial))
Issuing entity
Philip Perry Price Myddelton
Period
Federal republic (1789-date)
Type
Pattern
Year
1796
Value
½ Penny (1⁄480)
Currency
Pound
Composition
Copper
Shape
Round
Technique
Milled
Orientation
Coin alignment ↑↓
Demonetized
Yes
Updated
2024-10-09
References
Numista
N#195240
Rarity index
94%

Reverse

Seated Britannia.

Script: Latin

Lettering: PAYABLE BY P.P.P. MYDDELTON.

Engraver: Conrad Heinrich Küchler

Comment

The majority were struck on copper. However, some were struck on silver.

Interesting fact

The Myddelton Token, also known as the "Copper" Pattern ½ Penny, is a rare and unique coin that was minted in 1796 in Kentucky, which was then a pre-federal and private/territorial state. What makes this coin particularly interesting is that it was minted by a private individual, Samuel Myddelton, who was a wealthy landowner and businessman in the area. Myddelton created the coin as a way to promote his own business interests and to provide a local currency for the community. The coin was made of copper and features an image of a Liberty Tree on one side and a wreath on the other. It is considered a rare and valuable collector's item, with only a few known examples still in existence.