1887 TOKEN Grove Ranch Plantation 12 1/2 XF45 PCGS....
1887 Grove Ranch Real, XF451887 TOKEN Grove Ranch Plantation 12 1/2 XF45 PCGS. Medcalf TE-17. This is a lovely dark brown example with lightly corroded but pleasing copper surfaces. The overall appearance is excellent. The 1887 tokens marked the end of the private money period in Hawaii. All of the early plantation and railroad tokens were issued for workmen, providing them a money source they could only use at the nearby company store. The only example of the rare 1887 Grove Ranch token certified by PCGS (12/09). (PCGS# 600524)
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