Isle of Man 1811 penny token

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Heritage sale 3082, lot 34315
I of Man H3082-34315r.jpg

This specimen was lot 34315 in Heritage sale 3082 (New York, January 2020), where it did not sell. The catalog description[1] noted, "Isle of Man: British Dependency. Douglas Bank Co. Proof Penny Token 1811 PR63 Brown PCGS. A very rare private bank token, particularly in this Proof quality, with only four currently certified in the PCGS census. We note that we sold a similarly graded specimen for $2115 in our April 2016 Auction #3046." In the late eighteenth century and into the Napoleonic period, the Royal Mint abdicated its responsibility to furnish sufficient coinage for the rapidly expanding kingdom. Private issuers leapt into the breach, including the Douglas Bank on the Isle of Man, which issued half penny, penny, shilling, half crown and one crown tokens in 1811. None are common but the penny and half penny are the most available. Another type (KM Tn8) exists which states only "DOUGLAS TOKEN" on the reverse.

Recorded mintage: unknown.

Specification: copper.

Catalog reference: KM-Tn6, Prid-51.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1801-1900, 9th ed., Iola, WI: Krause Publications, 2019.
  • Skingley, Philip, ed., Standard Catalogue of British Coins: Coins of Scotland, Ireland and the Islands (Jersey, Guernsey, Man & Lundy), Pre-Decimal Issues, 2nd edition, London: Spink & Son, 2003.
  • [1]Bierrenbach, Cristiano, Warren Tucker and Sam Spiegel, Heritage World and Ancient Coins Online Auction 3082, featuring the Caranett Collection, Dallas, TX: Heritage Auction Galleries, 2019.

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