Obv: A lamb within a circle, FOUNDLING FIELDS around, 1795 below. Rev: A cypher I B within a circle, PAYABLE ON DEMAND around. Edge: Milled.
Good Fine. Some minor marks. Reverse die crack near P of PAYABLE. Extremely Rare (RRR).
The reverse cypher probably refers to Burton, a London developer whose development in Bloomsbury was referred to as Foundling Fields. Perhaps these were used to pay his workers, as most are found circulated