Anglesey Penny

Anglesey PennyI love eBay even more. As well as getting the Princess Charlotte Medallion, I was also successful in buying this Anglesey Penny, that I’ll be using in my talks on Money.

According to George Selgin, in his excellent book Good Money, without such private tokens, if it had all been left to the government, the Industrial Revolution would never have taken off in Britain. These coins minted by the Parys Mountain copper mining company were typical of private enterprise’s response to a national shortage of copper coins, essential for paying workers’ wages.

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