British Token, Oxfordshire 1. Banbury. 1700's

British Token, Oxfordshire 1. Banbury. 1700's


Æ halfpenny, 9.84g (29mm). Three-quarter facing bust; WM. RUSHER HATTER BOOKSELR. & STATIONER . BANBURY around / The sun; DEUS EST NOBIS SOL ET SCUTUM. Edge: PAYABLE AT BANBURY OXFORD OR READING.

Pedigree: The Dr. Harry Salyards Collection. Ex Bobbe 1988

References: Dalton & Hamer, p. 222, 1

Grade: Brown and red Uncirculated; luster in the legends. (wc1052)

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By the end of the 1700’s the copper coinage for commerce in England was in a bad state. Coins for everyday purchases were in poor condition and counterfeits ran amok. This led to an ingenious innovation by the public. Tokens of similar size and quality were produced by merchants and private citizens and distributed as good currency for commerce. Over time there were so many tokens produced that finding one minted by the government was unlikely. The demand far exceeded the supply as people also began to collect them. Finally in 1797 the government intervened and produced the copper two penny and one penny pieces. 

Many people know these tokens as “Condor” tokens. This was because a man named James Condor of Ipswich published an arrangement of the tokens in 1798, just one year after the introduction of the new government issues. There are thousands of tokens out there and the fun in collecting all of them would be a lifelong project.