(Sep 4, 2016)
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| Obverse | Britannia standing on the shore looking out to sea, with a spear and shield in her left hand and an olive branch in her right | | Reverse | The cypher “T J” on a shield with a half-lion crest with leaves and flowers each side with legend: “SPALDING HALFPENNY 1794” | | Edge inscription | “PAYABLE AT T. JENNINGS’S SPALDING & HOLBEACH –X-” | Edge inscription PAYABLE AT T. IENNINGS’S SPALDING & HOLBEACH—×—
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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