Produced during King James IIs reign, this token was made of tin in England through a license granted to Richard Holt in 1688. King James IIs secretary, Henry Guy, developed the idea of producing tin coins for American plantations, as the United States was known then. These pewter plantation coins are some of the most highly collected of early colonial coins — one fine example sold at the Stacks Americana auction (January 2008, Lot 5578) for $2300.
Obverse: King James II on horseback with Latin legend JACOBUS II D.G. MAG. BRI. FRAN. ET HIB. REX.
Reverse: Four heraldic shields connected by chains, HISPAN BAL 24 PART REAL
Diameter: 27 mm
Silver-Plate
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