(Jun 6, 2017)
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| Edge inscription PAYABLE BY I | SIMMONS STAPLEHURST XX X X X. With good detail for a coin over 220 years old! | | Obverse | Stag's head crest above: "I S" cypher with legend: "STAPLEHURST HALFPENNY 1794" | | Reverse | Prancing horse with legend: “FOR CHANGE NOT FRAUD 1794” | | Edge inscription | “PAYABLE BY I: SIMMONS STAPLEHURST XX X X X ” | In Great Britain, a shortage of small denomination coinage had been reported as early as the late 14th century
For many years, no copper or silver coins were minted at all, and in 1775 King George III had halted the production of copper coinage at the Royal Mint
[13] These first tokens bore the image of a hooded Druid, and within two months time were receiving attention in London as a possible solution to the shortage of small denomination coin
[14] Not long after the appearance of the Druid tokens, other cities, businesses, and proprietors would follow suit and begin designing and minting their own small denomination coinage
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