British, Gloucestershire, Badminton, Kempson's halfpenny token 1795, plough depicted
British, Gloucestershire, Badminton, Kempson's halfpenny token 1795, plough depicted
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£96.00 GBP
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British, Gloucestershire, Badminton, Kempson's halfpenny token 1795, plough depicted.
Struck to commemorate the municifence of Henry Somerset, 5th Duke of Beaufort (1744-1803) and his tenants, who sold their grain at subsidised prices during the bread crisis of 1795. The price of 9 shilling per bushel recorded on the token was far higher than the average price of 1794 which was below 7 shillings, but lower than the real market price of 1795, which reached as high as 13/6 in August, and was still 10/10 in December.
EF, glossy, trace lustre. Scarce.
D&H Gloucestershire 40