GREAT BRITAIN countermarked coin, 1853

$10.00

GREAT BRITAIN, countermarked coin, 1853, Obverse: halfpenny 1853 countermarked: 3 both sides, hole, VF on fair

1 in stock

SKU: 3107539 Categories: ,

Description

In England tokens started coming into use in the 16th century. Scotland and Ireland followed suit. Since the coinage was unified throughout the country there was not as much need for jetons in the counting houses to keep track of various currencies. But the neglect of the copper level of the market made for blooms of tokens in the 17th, 18th, and 19th centuries. Each bloom was suppressed by the government, which promised to do better, and, by the mid-19th century, finally succeeded. Token use, having become normalized, continued here and there into the 1980s.