Obverse: CAERMARTHEN IRON WORKS ., interior of iron works showing a furnace and men at work, without brickwork in archway, HALFPENNY in exergue.
Reverse: KIDWELLY WHITLAND BLACKPOOL AND CWMDWYFRON FORGES ., interior of a forge showing a tilt hammer and a man working at an anvil, I. MORGAN below.
Edge inscription: PAYABLE IN LONDON. BRISTOL & CARMARTHEN .X.
John Morgan, as well as being an ironmaster and tin plate manufacturer, was a banker in Carmarthen trading as John Morgan & Co. This is one of the most detailed tokens in the whole series.
Edge bruising, overhaul VF. D&H 7

Sold June 2012