1794 Talbot, Allum & Lee Cent. Fuld-4, W-8590. Rarity-2. With NEW

1794 Talbot, Allum & Lee Cent. Fuld-4, W-8590. Rarity-2. With NEW YORK. Small & on Reverse. Copper. Lettered Edge. MS-62 BN (PCGS). Hard and frosty surfaces exhibit autumn-orange and olive-brown colors on warmly toned surfaces. There is a touch of softness to the center of the ship's hull on the reverse, but otherwise both sides are sharply struck with crisp detail throughout. With no significant blemishes, as well as hints of original mint color nestled among many of the design elements on the reverse, this handsome piece seems conservatively graded at the MS-62 numeric level. The partnership of Talbot, Allum & Lee, formed in 1794 and operated only until 1796, was composed of William Talbot, William Allum, and James Lee, who engaged in the India trade in lower Manhattan at 241 Pearl Street. Tokens dated 1794 and 1795, bearing the standing figure of Commerce on the obverse and a fully rigged sailing ship on the reverse, were struck in Birmingham and imported into America. On this side of the Atlantic they were sufficiently plentiful at one time that the Philadelphia Mint gathered examples and cut planchets for half cents from them, such half cent emissions being dated 1795 and 1797. For extensive information see Q. David Bowers, The Whitman Encyclopedia of Colonial and Early American Coins. Provenance: From the Emerald Coast Collection. PCGS# 634. NGC ID: 2B5X. Click here for certification details from PCGS.

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