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Deanston Cotton Mill was built in 1785 by John Buchanan of Carston, near Glasgow, utilising water from the nearby River Teith to power its machinery. However by 1794, John’s younger brother Archibald, installed as manager, was having difficulty maintaining the labour force which forced the sale of the business. Under various owners, it continued in business until 1965. It is now the premises of Deanston Distillery
Scotland, Deanston (Perthshire), Adelphi Cotton Works, a France, Louis XV, Half-Écu aux rameaux d’olivier, 1726n, Montpellier, obv. countermarked adelphi cotton work around a woolsack, 13.96g/6h (Manville 24; Hodge 024S.002a, this coin; SNC June 2002, pp.110-2; SNC December 2009, p.210 and BNS Blog 072, April 2020). Coin good fine, countermark good very fine
£800-£1,000
S.A.H. Whetmore Collection, Glendining, Auction, 14 July 1961, lot 247; Christie’s Auction, 8 December 1987, lot 220; A. Macmillan Collection; bt M. Rasmussen.
28 known with 14 in institutions. See SNC, June 2002, pp 110-112
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