1766 Pitt Halfpenny Token. Betts-519, W-8350. Rarity-3. Copper. AU-55+ (PCGS).82.9 grains. This is an exceptionally attractive Pitt token that would serve as a highlight in even the finest cabinet. Smooth and satiny, the surfaces are virtually pristine for the assigned grade with an even endowment of handsome golden-copper patina. The strike is ideally centered on both sides, all design elements boldly to sharply defined, and many fully detailed. These pieces, probably intended as commemorative medalets, saw limited circulation in the American colonies. Circumstances of production are unknown, numismatic scholars divided over whether they were struck in England or America. Either source is likely since Pitts efforts to have the Stamp Act repealed were praised not only by American colonists but also English merchants -- particularly in London -- who felt that the Act would adversely affect trade. Today, no collection of colonial coins should be without a specimen of this classic, political medalet. This is one of the nicest examples that we have offered in recent sale, and it is sure to sell for a strong premium.From the Greenway Collection. Stacks paper envelope included.
