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Somerset 17th Century tokens collection fetch £18,600 at auction | |
(about 9 hours later) | |
A collection of coins made during the 17th Century in Somerset has been sold at auction for more than £18,000. | |
The coins, known as tokens, were issued by traders when the state failed to provide enough small denomination coins but were not sanctioned currency. | The coins, known as tokens, were issued by traders when the state failed to provide enough small denomination coins but were not sanctioned currency. |
The collection has the only known token from Batcombe and unique Farthings struck by John Chick in Spaxton and Robert Bobbett in Creech St Michael. | The collection has the only known token from Batcombe and unique Farthings struck by John Chick in Spaxton and Robert Bobbett in Creech St Michael. |
The 366 tokens in 72 lots made £18,600 at the sale in west London. | |
The collection was put together over 25 years by David Young, 66, who lives near Wellington. | The collection was put together over 25 years by David Young, 66, who lives near Wellington. |
Mr Young, an accountant, decided to collect tokens as they were cheaper than coins and "interesting in that every one was different and they were issued by different people". | Mr Young, an accountant, decided to collect tokens as they were cheaper than coins and "interesting in that every one was different and they were issued by different people". |
Specialist coin auctioneer Dix Noonan Webb described the collection as the "most important ever to be dispersed". | Specialist coin auctioneer Dix Noonan Webb described the collection as the "most important ever to be dispersed". |
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