1 Cent - Talbot Allum and Lee 1794-1795 front 1 Cent - Talbot Allum and Lee 1794-1795 back
1 Cent - Talbot Allum and Lee 1794-1795 photo
© PCGS

1 Cent - Talbot Allum and Lee

 
Copper - 28 mm
Description
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
References
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.