1 Penny Staffordshire - Bilston / S. Fereday

1 Penny (Staffordshire - Bilston / S. Fereday) -  obverse1 Penny (Staffordshire - Bilston / S. Fereday) -  reverse

© Al Samples

Features

Issuer United Kingdom
Type Token
Year 1811
Value 1 Penny = 1/12 Shilling (1/240)
Currency Currency tokens (1798-1816)
Composition Copper
Weight 19.2 g
Diameter 33.5 mm
Thickness 2 mm
Shape Round
Orientation Medal alignment ↑↑
Demonetized Yes
Number N# 183087
Numista type number (https://numista.com)
References Withers# 50-53,
Paul Withers, Bente R. Withers; 2010. The Token Book / Volume 1. British Tokens of the 17th 18th and 19th Centuries and Their Values. Galata Print Limited, Llanfyllin, Powys, Wales.
Davis# 39-42
William John Davis; 1904. The Nineteenth Century Token Coinage of of Great Britain, Ireland, the Channel Islands, and the Isle of Man, to which are added tokens of over one penny value of any period. Spink & Son, London, United Kingdom.

Obverse

View of the Priest Field/Priestfield furnaces, legend in exergue.

Lettering:
PRIEST FIELD
FURNACES
1811

Reverse

Legend around and below denomination.

Lettering:
BRADLEY BILSTON & PRIESTFIELD
ONE
PENNY
PAYABLE AT
BILSTON
S. FEREDAY
COLLIERIES
& IRON WORKS

Edge

Diagonally milled.

1 Penny (Staffordshire - Bilston / S. Fereday) -  obverse

© Al Samples

Comments

Samuel Fereday was born in 1758.  He started out as a coal hewer. Eventually he and his partners controlled a dozen blast furnaces. He was said to have issued over 2 million trade tokens. He went bankrupt in 1816 after failing to obtain a French import license for 200 miles of pipe for Paris. After failing to get his bankruptcy papers in 1821, he went to France.

John Wilkinson, in his 1806 will, nominated Samuel Fereday (of Ettingshall Park) as one of several Trustees, to carry on his works at Bradley, Brymbo, and elsewhere. Fereday soon relinquished his trust. Wilkinson's nephew, Thomas Jones Wilkinson laid claim to the whole property. After protracted legal proceedings Thomas Jones Wilkinson became bankrupt, as did Samuel Fereday who had backed him.

In 1811 Fereday issued an enormous number of one penny tokens featuring Priest Field/Priestfield furnaces. The tokens show three blast furnaces, and an intriguing large air reservoir is indicated between one of the furnaces and the blowing engine house. The engine house and an adjacent building have early examples of curved roofs. In the foreground are what are presumably ore calcining ovens.

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Date VG F VF XF AU UNC
1811  varieties exist

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