1795 Cent Talbot, Allum & Lee Lettered Edge, BN AU55BN 认证号81208422, PCGS号640

1795 One Cent Copper Token by Talbot, Allum & Lee, PCGS AU55 These post-Colonial coins were made in England at the order of New York firm of Talbot, Allum & Lee, for circulation in the United States as One Cent pieces. Much of their coin supply was later purchased the US Mint, which re-used them as planchets for U.S. Half Cents in 1795 and 1797. Purchased this coin for $500 cash at Allentown coin show 6/3/2017 from dealer who specializes in colonial coins. He emphasized this is a nice affordable example, and that if the coin were just one grade higher, it would cost twice as much. This same exact PCGS coin previously sold for $399 in Heritage auctions 11/8/2016, so dealer made about 25% profit.