© PCGS
1 Cent - Talbot Allum and Lee
| Copper | - | 28 mm |
| Issuer | New York (United States (pre-federal and private/territorial)) |
|---|---|
| Issuing entity | Talbot, Allum & Lee |
| Period | Federal republic (1789-date) |
| Type | Token |
| Years | 1794-1795 |
| Value | 1 Cent (0.01) |
| Currency | Dollar |
| Composition | Copper |
| Diameter | 28 mm |
| Shape | Round |
| Orientation | Medal alignment ↑↑ |
| Demonetized | Yes |
| Updated | 2024-10-09 |
| Numista | N#17803 |
|---|---|
| Rarity index | 90% |
Reverse
Type A: with "NEW YORK"
Type B: without "NEW YORK"
Script: Latin
Lettering:
TALBOT ALLUM & LEE
NEW YORK
ONE CENT
Designer: Thomas Wyon the Younger
Edge
Inscripted with different lettering or smooth without letters
Script: Latin
Lettering: PAYABLE AT THE STORE OF -(ou)- WE PROMISE TO PAY THE BEARER ONE CENT -(ou)- CAMBRIDGE, BERFORD AND HUNTINGDON .X.X.
Comment
This is not catalogue reference Feu# 1794.4 as that is for French coins.Interesting fact
The Talbot Allum and Lee 1 Cent coin from 1794-1795 is interesting because it was one of the first coins to be minted by a private company in the United States, rather than by the government. This coin was minted during a time when the government was still in its early stages and had not yet established a national mint, so private companies like Talbot Allum and Lee stepped in to fill the need for currency. This coin is a rare and valuable piece of American numismatic history.