Alistair Laird
Department Director
Lot 5
A rare Lloyds Patriotic silver presentation cup, 1794. 7.8x3.6ins. (19.5x9cm)
13 September 2011, 14:00 BST
London, New Bond StreetSold for £3,750 inc. premium
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A rare Lloyds Patriotic silver presentation cup, 1794.
By Daniel Pontifex, London. The goblet with half fluted decoration on a spread foot, with reeded border. Engraved on one side with the Snell coat of arms and on the other the inscription: Lloyds Coffee House. A Tribute of Respect from his Country to Mr Fras. Jackson Snell for his gallant conduct in His Majesty's ship the Queen Charlotte on the ever memorable 1st of June 1794 when the Fleet was defeated by the British Fleet under the command of Admiral Earl Howe. John Julius Angerstein Chairman. With engraved rope border supported by a trophy of arms. Hallmarked London 1794. 12 Troy oz. 7.8x3.6ins. (19.5x9cm)
Footnotes
Insurance Underwriters met together at Mr Lloyd's coffee house from 1688, but in 1769 a breakaway group set up at Popes Head Alley and called themselves the New Lloyds Coffee House, although they actually moved to the Royal Exchange in 1774. The first recorded subscription fund seems to be £7,000 raised for the survivors and dependents from the loss of the Royal George in 1782. The early years of the French Revolutionary war were difficult at sea, with setbacks and losses of ships and cargoes, so it was a cause for National celebration when in 1794 Admiral Earl Howe's fleet defeated the French off Ushant in the Battle afterwards known as "The Glorious First of June". At a special meeting held at Lloyds, 1,000 Guineas was raised in less than an hour, which soon rose to £21,000 from Public Subscriptions, for the crews of Howe's fleet. Aside from awards to the injured and dependents, presentations of plate were also made for meritorious service. Lloyds of London have a soup toureen with an almost identical inscription in their collection. John Julius Angerstein was Chairman of Lloyds from 1790-96. In 1803 the raising of subscriptions was formalised from its previous ad hoc basis with the formation of the Lloyds Patriotic Fund, which continued to support and reward Officers and crews of the Royal Navy.
Captain Francis Jackson Snell RN(1780-1817)
Served as a Midshipman on board the Queen Charlotte and was only 14 years of age in June 1794. He passed for Lieutenant in 1799, Commander in 1802 and was raised to Post Captain in 1806, continuing in the Navy until his untimely death in 1817.