1795, Great Britain, Somerset, Bristol. Copper Halfpenny "Public Sale Room" Token.
Mint year: 1795 Denomination: Halfpenny (½ Penny) References: DH Warwickshire 99-101. Condition: A few digs and edge-hits, otherwise F-VF! Material: Copper Diameter: 28mm Weight: 9.19gm
Obverse: Standing togate figure of Justice, holding scales. Date (17-95) split in fields. Legend: * PAYABLE AT NIBLOCK & HUNTER'S Reverse: Leopard above bale ith initials (NH/BW). Legend: * GENERAL COMISSION & PUBLIC SALE ROOM / BRIDGE STREET BRISTOL .
Edge: PAYABLE IN LANCASTER LONDON OR LIVERPOOL
In the study of numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of tokens is part of exonumia and token coins are token money. Tokens either have a denomination shown or implied by size, color or shape. "Tokens" are often made of cheaper metals: copper, pewter, aluminium, brass and tin were commonly used, while bakelite, leather, porcelain, and other less durable materials are also known.
The key point of difference between a token and a coin is that a coin is issued by a governmental local or national authority and is freely exchangeable for goods or other coins, whereas a token has a much more limited use and is often (but not always) issued by a private company, group, association or individual. In the case of "currency tokens" issued by a company but also recognized by the state there is a convergence between tokens and currency.
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