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EM79 London, Fenchurch Street, John Morris, Copper Halfpenny Token, 1.50g., 19mm, AT THE EXCHANG, view of the Royal Exchnage, (BW 991), small flan split, otherwise solid fabric, very fine. $145 SOLD

The Royal Exchange in London was founded in the in 1571 by the merchant Thomas Gresham to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. It is trapezoidal in shape and is flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the City. The design was inspired by a bourse Gresham had seen in Antwerp, and was Britain's first specialist commercial building.