1 Penny 1813

Weight

18.5 g

Diameter

34.2 mm

Thickness

2.4 mm

Material

Copper

Shape

Round

Edge Type

Diagonally reeded

Technique

Milled

Front design

View of a mill showing a bell at the end of the higher building, date below

Back design

Denomination within inner circle, legend around

Year of Minting

1813

Ruler

NA

Mint location

NA

Mint mark

NA

Orientation

NA

Inscriptions

Obverse: GLANCLYWEDOG 1813 FACTORY Reverse: ONE POUND NOTE FOR 240 TOKENS · ONE PENNY TOKEN

Context

The Glanclywedog Factory was a flannel factory on the left bank of the Clywedog river a very short distance outside Llanidloes and was not without importance in the industrial development of North Wales. These pennies were issued by Charles Cole partly to make up the wages of his work people (although difficult to calculate since payment was for piece work, perhaps on average 5 to 7 shillings a week) and partly to meet the general shortage of copper coin in the Llanidloes district. They are thought to have circulated freely in the neighbourhood until their recall three years before Cole's death in 1821. http://www.britnumsoc.org/publications/Digital%20BNJ/pdfs/1965_BNJ_34_20.pdf

Rarity

Ultra rare

Coin type

Merchant tokens

In circulation

No

Demonetized

Yes

Marketplace listings

0