NO PLACE LIKE HOME
After finding an 1856 British penny in an Omaha park, I ended up swapping it for this Birmingham penny token which depicts a large building and is dated 1814. The back has a shield in the center, with "One Pound Note Payable at the Workhouse for 240 Tokens." Was it a fair trade?
It's hard to say without seeing both coppers- or at least sharp close-ups of them. However, if both were in, say, Fine condition, the penny would be worth $25-30; the token, $12-15. Let's hope the grades, if not the odds, were in your favor. As for the token's history, the Birmingham Workhouse, built in 1773 to accommodate 600 persons but often packed with more than 1,000, was a poorhouse whose hapless captives- paupers, incompetents, orphans, widows, the aged and chronically ill- worked either on site or at nearby factories. Relief was provided, in part, in the form of vouchers or tokens of various denominations. Although an 1817 act of Parliament outlawed private coinage and tokens, those of the Birmingham Workhouse were exempted and continued to circulate until 1820.
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