It was designed to sell for five guineas but was uneconomical to produce and unsuccessful.In 1902, American inventor Hidalgo Moya, arrived in Leicester, carrying his handmade model of what, at the time, he considered a revolutionary design of typewriter. A local businessman, Mr J.G. Chattaway, was persuaded to finance the opening of a small factory in Garton Street, Leicester, where The Moya Typewriter Company could develop, manufacture and market their new machine. The main aim was to produce a workable typewriter that would sell for five guineas. This he achieved but the machine was uneconomical to produce and not very successful. An improved second model was also unsuccessful. By 1908 Moya needed more financial assistance for the company to survive. Two local businessmen stepped in to back a successful third design which became the Imperial Model A, thus the Imperial Typewriter Company came into existence to become one of the world's leading typewriter manufacturers.
It was designed to sell for five guineas but was uneconomical to produce and unsuccessful.