Lot 31
1766 Pitt Token Halfpenny. PCGS graded AU-58. These were struck to commemorate the victory of the American people over the stamp act. The obverse depicts Sir William Pitt, who defended the rebellious colonists in America by supporting their cause in Parliament. Pitt stated "as subjects they are entitled to the common right of representation, and cannot be bound to pay taxes without their consent,"--Pitt further demanded the Stamp Act be repealed, which it was soon thereafter. James Smither engraved the dies, allegedly from sketches by Paul Revere, and they were struck in either New York or Philadelphia.
Light chocolate brown in color and well struck by the dies, the surfaces are free of problems and the coin is highly desirable. A scarce coin in this grade, and worth a strong bid.
Estimated Value $2,500-UP.
No pedigree information available.
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| Realized $3,680 |
