Baldwin's Auction 112: Patrick Deane Collection Part III tokens total just over £146,000
On October 12, 2023, Baldwin's announced that its Auction 112, offering London and political 18th-century tokens from the Patrick Deane Collection, Part III, totalled just over £146,000 against an estimate of £58,000 to £80,000. Every lot sold, and the firm said the sale drew strong interest from American collectors and dealers, who drove most of the online bidding.
Correction (Oct 13, 2026): We rewrote the headline, summary and body to match the source. We made clear that the sale consisted of London and political 18th-century tokens and that the results were announced in October 2023; removed unsupported descriptions of a Europe-wide coin collection, a three-part sales strategy, a structural market shift and an investment verdict; added the notable lots and estimates as stated in the source; and corrected the spelling of the collection's name. The previous headline was "Baldwin's Auction 112: Deane Collection Part III Surpasses Reserve by 2x Multiple."
This article is based on a press release issued by the London coin dealer A.H. Baldwin on October 12, 2023.
On October 12, 2023, Baldwin's announced the results of its Auction 112. The sale offered London and political 18th-century tokens from the Patrick Deane Collection, Part III.
Total of just over £146,000
According to Baldwin's, the auction reached a total of just over £146,000, against an estimated range of £58,000 to £80,000. Every lot sold, and some tokens sold for several times their estimates.
Baldwin's said the sale drew strong interest from collectors and dealers in the United States, where late 18th-century halfpennies are in demand. A dozen dealers and collectors were present in the room, with many American enthusiasts travelling specifically to examine the collection closely. Online bidding was also led mainly by American collectors and dealers, the firm said.
Notable lots
Lot 1307 is a halfpenny showing a hanged man, titled "End of Pain," which Baldwin's describes as a reference to Thomas Paine. Although mis-struck, it reached a hammer price of £3,000 against an estimate of £700-£1,000.
Lot 1369 is a 1797 halfpenny depicting Richard Summer, a curios dealer in Cavendish Street, London. According to Baldwin's, it shows the face of a Wildman from northern Japan. It hammered for £2,600 against an estimate of £500-£800. The token last changed hands in 1931 for 63 shillings (£3.15).
Spence's tokens, issued in Holborn in the late 1790s, also drew interest. His silver farthing (Lot 1352), showing Adam and Eve and a pig trampling the emblems of royalty, sold for £2,100 against an estimate of £800-£1,000. It was last sold in 1930 for £2.50, together with 18 other coins.
Lot 1267, a 1795 halfpenny showing an American Indian holding a tomahawk, with the inscription "if rents I once consent to pay, then is my liberty passed away," sold for £750 in mint condition. The estimate was £150-£200.
Lot 1144, issued in 1796, shows Newgate Gaol on one side and three men hanging on the other. It sold for £1,300 against an estimate of £225-£275. Baldwin's says the token was issued by four inmates of the prison.
Baldwin's said the condition of the tokens and their provenance from Francis Cokayne led to strong interest and bidding, especially online.
A.H. Baldwin was founded in 1872 and is based at 399 Strand in London.
Source: Baldwin's, "The Patrick Deane Collection Achieves Astounding Results" (October 12, 2023).
Read next
Weekly Market Intelligence
Weekly rare coin intelligence — auctions, price action, and analysis, delivered via LINE.
Free · Instant · Block anytime