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Lot
1488

1796 TOKEN Myddelton Token, Copper PR62 Brown PCGS....

2008 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114

 
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Auction Ended On: Jul 31, 2008
Item Activity: 9 Internet/mail/phone bidders
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Location:

Baltimore, MD

Description:
Extremely Rare 1796 Myddelton Token, PR62 Brown
1796 TOKEN Myddelton Token, Copper PR62 Brown PCGS. The legend P.P.P. Myddelton identifies the Englishman Philip Parry Price Myddleton, who established a plantation in Kentucky. He persuaded English farmers and laborers to emigrate to his lands in Kentucky with the promise of steady employment. Myddelton was eventually imprisoned for his actions, and his Kentucky plantation ended in ruin.
Many years later, in 1813, a Dr. Philip Parry Price Middleton was connected with Ireland's Carlow Castle. Apparently the doctor was interested in establishing a lunatic asylum in the castle, and managed to bring down part of the castle walls and towers. There is no known connection between Dr. Middleton and the earlier Myddelton, although the similarity of names seems more than a coincidence.
A splendid proof with excellent eye appeal that is created by the mix of deep steel brown surfaces, iridescent toning, and tinges of original red that is still evident around the reverse border. Although perhaps less desirable, the bronze pieces are much rarer than the silver examples. (PCGS# 646)

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