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1882 Haiku Rial MS64 Brown NGC....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 8, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Splendid 1882 Haiku Rial, MS64 Brown
1882 Haiku Rial MS64 Brown NGC. Medcalf TE-15. Haiku is located about 15 miles east of Wailuku, and was the site of the Haiku Sugar Company, chartered in 1879. The Haiku Plantation tokens are considered "the most artistic and well struck of the early metal tokens," according to Medcalf, who further notes "unconfirmed information ... that these were minted in San Francisco and one order was for 800 of the tokens."
If they were minted in San Francisco, dies would have come either from Hawaii, or from Philadelphia, as the San Francisco Mint had no die shop at the time. The report seems unlikely, though certainly possible.
This sensational token has glossy chocolate-brown surfaces with full luster and sharp design details. It easily ranks among the finest examples we have seen. (PCGS# 600518)

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