Mark variant 1

Four joined round fields retain the two upper and two lower letterforms in the same two-by-two arrangement and reading direction.
Medium confidence comparison reconstruction.
Maker's mark comparison reference
Compare 1 source-linked mark variant recorded under Smith, Nicholson & Co (Stephen Smith & William Nicholson). These are reconstructions for comparison, not source photographs or authentication evidence.

Four joined round fields retain the two upper and two lower letterforms in the same two-by-two arrangement and reading direction.
Medium confidence comparison reconstruction.
Maker labels and date or location statements follow the cited source records. Similar names across source collections have not been merged. Compare the photographed mark and the complete object before relying on a resemblance.
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