A shortage of copper currency in Great Britain and Ireland towards the end of the eighteenth century, led to the private manufacture of tokens to the value of one penny and one half penny. Because the quality and weight were of a sufficiently high standard, they were accepted and used as general coinage.
The Hibernian Mine Company and the Associated Irish Mine Company which had mines in west and east Avoca respectively, produced their own tokens. The "Cronebane Token", produced by the AIMC and named after the townland of that name in East Avoca, is probably the most beautiful of all the token coinage of that period. |