1794 Talbot, Allum & Lee One Cent MS NEW YORK, Silver Values

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1794 Talbot, Allum & Lee One Cent MS NEW YORK, Silver Values

Details

Talbot, Allum & Lee, engaged in the India trade and located at 241 Pearl Street, New York, placed a large quantity of English-made coppers in circulation during 1794 and 1795. ONE CENT appears on the 1794 issue, and the legend PAYABLE AT THE STORE OF on the edge. The denomination is not found on the 1795 reverse but the edge legend was changed to read WE PROMISE TO PAY THE BEARER ONE CENT. Rare plain-edged specimens of both dates exist. Exceptional pieces have edges ornamented or with lettering CAMBRIDGE BEDFORD AND HUNTINGDON.X.X. Many of these tokens were later cut down and used by the U.S. Mint as planchets for coining 1795 and 1797 half cents.

Basic Information

GSID:

281

Coin Date:

1794

Denomination:

Cent / One Cent

Designation:

MS

Varieties and Classification

Variety:

Talbot, Allum & Lee

Variety 2:

NEW YORK, Silver

Physical Characteristics

Strike Type:

Business

Coin Shape:

Round

Design Details

Feedback:

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