1766 Pitt Halfpenny Token. Betts-519, W-8350. Rarity-3. Copper. Extremely Fine. 84.2 grains. This predominantly steel-brown example retains much of the original silvering, especially throughout the field on the reverse, the high points on both sides toned in lighter autumn-brown. There are no marks of consequence, but we do note areas of light pitting on both sides, mostly around the portrait on the obverse and in the reverse field above and behind the ship. Boldly defined overall. 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 Either source is likely since Pitts efforts to have the Stamp Act repealed were praised not only by American colonists but also English merchants -- particularly in London -- who felt that the Act would adversely affect trade.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 American colonial coins and related issues should be without a specimen of this classic, political medalet. From our (Stacks) New York Americana Sale of January 2010, lot 4081. Lot tag included.
