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The Catrine Cotton Works was set up by Claud Alexander of Ballochmyle, the landowner and Glasgow merchant David Dale in 1787. Various mills and works were built over the next few years powered by water from the River Ayr. Workers were housed in a purpose built village, similar to Dale’s development at New Lanark where conditions were unusually good for the period. The mills had gas lighting installed in 1814, four years before gas appeared on the streets of either Glasgow or London..
Scotland, CATRINE (Ayrshire), Catrine Cotton Works, a MEXICO, Charles IIII, 8 Reales, 1799fm, Mexico City, obv. countermarked catrine · cotton · works no. 1811 around 5/6 (struck over 4/9), No. 1811, 26.78g/12h (Manville 14; Hodge 014S.002a, this coin; KM. CC14). Coin good fine, countermark very fine, toned, very rare £3,000-£4,000
W.H. Kohlsaat Colllection, William Hesslein Auction 114 (Boston, Mass.), 20 November 1925, lot 246; Hans Schulman Auction (New York), 18 March 1955, lot 233; H.D. Gibbs, Collection; Hans Schulman Auction 30 (New York), 19 November 1960, lot 295; D.W. Grey Auction (London), 26 April 1972, lot 183; A. Pearce Collection.
6 known with 4 in institutions.
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