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1766 William Pitt Farthing

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GERMANICVS's Avatar
Germany
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 Posted 10/03/2019  10:25 am Show Profile   Bookmark this topic Add GERMANICVS to your friends list Get a Link to this Message Number of Subscribers
As some here may know, I am a dedicated collector of early American coins, including Colonial and Post Colonial issues. One of the time periods which interest me the most are the years just before the Revolution. The William Pitt Halfpenny is perhaps one of the better known issues from this period, imbued as it is with the history of Tax Act of 1765 and the impact which the Act had in the Revolution.
The Tax Act was passed by the English Parliament in 1765. It empowered the Crown to tax the American Colonies on a wide range of transactions and documents, as well as some goods of everyday life. The revenue was supposed to go toward the cost of up-keep of a British standing Army in North America.

The reaction among the Colonists to the passing of the Tax Act was predictable....

The Pitt issues commemorate the role of William Pitt, an english Statesman and member of Parliament who actually took the side of the colonists and was instrumental in having the Act repealed in 1766.

Searching for an example of the scarce, but available Pitt Halfpenny I came across the much scarcer Pitt Farthing instead. Only 22 examples of the Farthing are known (the literature actually calls it a medalet rather than a Farthing).
This is a new example to add to the census of existing examples.

The medalet is in quite good condition, with a nice planchet and colour. The planchet shows two small, dull dents which luckily did not cause any distracting damage besides some uneven wear around the area of the sails. Weight and diameter are fully within the range of known examples.

I am a very happy collector. This is now the centerpiece of my collection not only because it is scarce, but also because of the history it embodies.


1766-William-Pitt-Farthing
1766-William-Pitt-Farthing
Edited by GERMANICVS
10/04/2019 02:20 am
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xxmarkabyx's Avatar
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 Posted 10/03/2019  12:25 pm  Show Profile   Bookmark this reply Add xxmarkabyx to your friends list Get a Link to this Reply
Nice piece, handsome fella!! I don't collect from this time period, but I do have a Machin's Mills piece that I'm fond of, especially since I'm from the Newburgh area.
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Coinfrog's Avatar
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 Posted 10/03/2019  12:40 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Great example, beautifully photographed.
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Bump111's Avatar
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 Posted 10/03/2019  3:51 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
I know nothing about these, but I can certainly appreciate the historic relevance and the aesthetics of the piece. Congratulations.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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GERMANICVS's Avatar
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 Posted 10/04/2019  02:26 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Thank you, for your comments very much appreciated.

If anyone is interested, the ANS has just published (Sept. 2019) a census of all known examples of the Pitt Farthing. It is very well done and researched, and describes all examples in detail, their history, and their provenance.
If it is OK, I will link the site at the NNP where the census can be found:

https://nnp.wustl.edu/blog-post/519690




Edited by GERMANICVS
10/04/2019 02:46 am
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beachnut's Avatar
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 Posted 10/04/2019  06:02 am  Show Profile   Bookmark this reply Add beachnut to your friends list Get a Link to this Reply
Very cool. Thanks for sharing.
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bandsdean's Avatar
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 Posted 10/20/2019  9:57 pm  Show Profile   Bookmark this reply Add bandsdean to your friends list Get a Link to this Reply
Great looking planchet! I dream of finding one in a dealer's junk box.
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flag4's Avatar
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 Posted 10/21/2019  12:05 am  Show Profile   Bookmark this reply Add flag4 to your friends list Get a Link to this Reply
Very nice. I have one of these as well, not quite as nice as yours.

"No stamps, No taxation without representation"

To paraphrase the 1st Earl of Chatham
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GERMANICVS's Avatar
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 Posted 10/21/2019  01:27 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
flag4, thank you for your comment.

As you point out, the issue is directly related to the Tax Act of 1765 and to the American Revolution.

I would love to see your example if you get a chance to post it.
Edited by GERMANICVS
10/21/2019 01:32 am
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flag4's Avatar
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 Posted 10/21/2019  1:33 pm  Show Profile   Bookmark this reply Add flag4 to your friends list Get a Link to this Reply
Sure thing. It has environmental damage and was improperly cleaned at some point. But it's still an interesting historical piece.

1766-William-Pitt-Farthing
1766-William-Pitt-Farthing
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GERMANICVS's Avatar
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1849 Posts
 Posted 10/22/2019  03:53 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Thank you very much for posting your William Pitt halfpenny, flag4. That is a nice example with much detail still visible.

Although is is not known where both the farthing and halfpenny were struck (some say Philadelphia, the work of James Smithers, an english-born engraver. Others say England), it is certain they circulated in the American Colonies.
Edited by GERMANICVS
10/22/2019 03:54 am
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Conder101's Avatar
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 Posted 10/22/2019  11:51 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
flag4, as germanicvs mentioned your piece is the much more common halfpenny.

Germanicvs is you piece now listed in the census? Is it No 10? (only one without an image, and also a new discovery) I suspect it isn't because there is no mention in the description of #10 of the hit in the left obv field, the dent below MM or the corrosion on the tip of the shoulder. They also say it is in a PCGS slab and yours appears to be raw.
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GERMANICVS's Avatar
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1849 Posts
 Posted 10/22/2019  1:51 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Conder101, no, actually, I have not been able to get in touch with the ANA or the author of the census. So this piece is not yet listed. It would help if I where a member of C4, I guess, but I am not.

Having read it with some attention, I estimate this piece fits somewhere around
9-10 in the CC, taking the defects you note into account, but that is only my estimation.
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 Posted 10/22/2019  2:25 pm  Show Profile   Bookmark this reply Add flag4 to your friends list Get a Link to this Reply

Quote:
flag4, as germanicvs mentioned your piece is the much more common halfpenny.


Thanks guys for that identification.
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1849 Posts
 Posted 12/08/2019  08:24 am  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Here is an update to this post: This example of the Pitt Farthing has now been added to the Census recently published at the Newman Numismatic Portal. It was assigned CC #15. The updated census can be found here:

https://nnp.wustl.edu/library/book/569217

This is an excellent document which documents all 25 currently known examples of this token.
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