Great Britain 1797 2 pence

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Ponterio sale 173, lot 1331
Ponterio sale 173, lot 1331

This specimen was lot 1331 in Ponterio sale 173 (New York, January 2013), where it sold for $411. The catalog description[1] noted, "GREAT BRITAIN. 2 Pence, 1797. NGC AU-55 BN. George III (1760-1820)." The mint did not produce near enough small change for the industrial boom of the eighteenth century, leading to a proliferation of private tokens. The situation would not be rectified until the reform of 1817. This type of 1797 is the only issue of copper tupennies in the eighteenth century. Despite a desperate shortage of small change which permitted the issue of a profusion of counterfeits and private tokens, the mint made little effort to produce copper coins until the 1820's. This tupenny was accompanied by a penny. The similar farthings and halfpennies were dated 1799 tho restruck until the 1840's.

Recorded mintage: 722,000.

Specification: copper.

Catalog reference: S-3776; KM-619.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1701-1800, 5th ed., Iola, WI: Krause Publications, 2010.
  • [1]Ponterio, Richard, Ponterio Sale 173: The January NYINC 2013 Auction, Irvine, CA: Stack's Bowers LLC, 2012.

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