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The Rothsay cotton works, built in 1779 by James Kenyon, was acquired by David Dale, the proprietor of the Lanark Mills in 1785. By 1815 the business had passed into the ownership of two Glaswegians, William Kelly and Robert Thom, who were responsible for the issue of the later tokens.
Scotland, Rothesay (Bute), Rothsay Cotton Works, a GUATEMALA, Charles IIII, 8 Reales, 1804m, Nueva Guatemala, obv. countermarked rothsay cotton works · around 4/6 1820, privy mark at base of rev. shield, 25.46g/12h (Manville 92; Hodge 092S.003b, this coin; Manville, BNJ 72, 2002, p.144; KM. CC100). Host fair, countermark about fine, rare £700-£900
Glendining Auction, 13 July 2001, lot 458.
49 known with 13 in institutions.
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