The United Kingdom had been short of 'small change'
since the Royal Mint stopped minting
Halfpenny & Farthing coins in
1775
To meet this shortage in
1787
Many merchants and mining companies started
marking their own copper token coins for
denominations of pennies, halfpennies & farthings.
As long as they were of good copper these coin were
accepted by the public. However, many light weight
and counterfeit coins appeared in the mid 1790's that in
1797
the government authorised Mathew Bolton at his
Soho mint, in Birmingham. to strike official
Copper Twopence and Penny coins.
He received the contract due to the fact that he
had
modern minting equipment and was capable of this task.
The requirement was for the striking of copper
Pennies & Twopence coins at their face value of copper
2 ounces for the Twopence &
1 ounce for the Penny coins.
~~~~~~~~~~
722,000 Twopence were minted
between
1797 & 1798. These large heavy coins were
never struck again as the price of copper rose
soon afterwards.
Their heavy weight was not popular with the public.
~~~~~~~~~~~
Due to the softness and weight of these pure
copper coins means that they bruise very
easily as they were often dropped !
They also their surface marks very easily !
Finding examples with bruises or surface marks
is normal. Only unused examples can be free of
any bruising. Coins with little to no bruises
would command a premium in any grade.
Finding coins in Very Fine or below
without little to no bruises are marks
is scarce and merits a premium in price. |