(1860) Hawaii Waterhouse Token AU53 PCGS....
AU53 Hawaii Waterhouse Token(1860) Hawaii Waterhouse Token AU53 PCGS. Medcalf-Russell 2TE-1. John T. Waterhouse founded the first of his two Honolulu stores in 1851. The Waterhouse token is the earliest known Hawaiian token, and because it was struck in soft pewter, it is "virtually impossible to find above EF condition," per Medcalf. This slate-gray token has the usual bluntness on the king's face, and the fields are typically abraded. Remaining luster glimmers from the legends. Listed on page 391 of the 2009 Guide Book. Population: 2 in 53, 3 finer (6/08). (PCGS# 600500)
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