- 449
Lloyd's Coffee House: A George III silver two-handled presentation cup and cover, John Scofield, retailed by Green and Ward, London, 1795
Description
- marked on foot and on cover
- Silver
- height 14 in.
- 35.6cm
Condition
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.
Catalogue Note
Formed in 1688 by Edward Lloyd, Lloyd’s Coffee House became a common meeting place for ship-owners, merchants and sailors who would exchange information and arrange insurance through brokers for their ships and cargo. 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 Lloyd's, 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. Walter Smith, captain of marines, who was injured in battle was one of the recipients of plate. Lloyd's of London have a soup tureen with an almost identical inscription in their collection. John Julius Angerstein was Chairman of Lloyd's from 1790-96. In 1803 the raising of subscriptions was formalised from its previous ad hoc basis with the formation of the Lloyd's Patriotic Fund, which continued to support and reward Officers and crews of the Royal Navy.