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Lot
18

(1694) TOKEN London Elephant Token, Diagonals XF40 PCGS....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 7 Internet/mail/phone bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
XF London Elephant Token
Rare Diagonals Variety, Hodder 1-A
(1694) TOKEN London Elephant Token, Diagonals XF40 PCGS. Breen-185. Hodder 1-A. Breen considered this variety "Very Rare" in 1988 when he released his epic Encyclopedia, and it remains so today, in relation to the more often encountered No Diagonals variety (Hodder 2-B). In fact, only three examples of this variety have been graded by PCGS; and previous Prices Realized reflect the rarity of the Diagonals type: an XF40 piece was sold for $7,475 in September 2005; a PCGS AU50 coin was auctioned for $25,300 in June 2006; and a Mint State example graded MS61, by NGC, sold in January 2007 for a whopping $69,000.00. The obverse die also differs, the tusks are further from the rim than on the usual Hodder 2 obverse, where the tusks nearly touch the dentils. This tan-brown example has moderate wear but the central diagonals are still obvious. Smooth overall with a couple of unimportant thin upper obverse marks. Listed on page 44 of the 2009 Guide Book. Population: 1 in 40, 2 finer (11/08). (PCGS# 61)

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