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Trade token (reverse), Halfpenny, of Andrew Nicol, Montrose, Angus

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Trade token (reverse), Halfpenny, of Andrew Nicol, Montrose, Angus
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This is the reverse of a copper halfpenny trade token of Andrew Nicol of Montrose in Angus. Dated 1799, the token was manufactured by Kempson. The die-sinker was Willets.

The reverse depicts a building with the date 1781 underneath. The surrounding text reads 'MONTROSE LUNATIC HOSPITAL/ERECTED BY SUBSCRIPTION'.

The shortage of change was eased in 1797 when Boulton and Watt produced their 'Cartwheel' issue of copper coins. Production of tokens tailed off and, after a revival in the first quarter of the 19th century, they were finally declared illegal in 1817.

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