Obv: A man behind a counter holding scales, PENNY TOKEN above, 1798 below. Rev: BN. JACOB AUCTIONEER IRONMONGER & C. WELCH CROSS BIRMINGHAM, an auctioneer's hammer below.
UNC. Appears to have been gilded at one time and then the owner attempted to remove the gilt.
Diesinker was Willetts and manufactured by Kempson. Only nine dozen struck, thus very rare.