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Lot
6970

1880 TOKEN Wailuku Plantation 1 Real AU50 PCGS Secure. Medcalf 2TE-6....

2013 September 25 - 29 US Coins Signature Auction - Long Beach #1189

 
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$13,250
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Auction Ended On: Sep 27, 2013
Item Activity: 11 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1880 Wailuku Plantation Token, AU50
1 Real, M. 2TE-6
1880 TOKEN Wailuku Plantation 1 Real AU50 PCGS Secure. Medcalf 2TE-6. A splendid chocolate-brown example of this rare Hawaiian merchant token. Unabraded though parallel roller marks (as coined) are evident. Unevenly struck (likely by a local blacksmith) with uncommonly well-defined stars for the variety. The Wailuku Plantation was an early cane sugar farm controlled by American businessmen. One real, a Mexican silver denomination, was roughly equivalent to 12 1/2 cents in U.S. money. Population: 2 in 50, 1 finer (8/13). Listed on page 410 of the 2014 Guide Book. (PCGS# 600512)

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