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Lot
45

1820 TOKEN North West Company, Copper Fine 15 NGC....

2007 September Long Beach, CA Signature Coin Auction #446

 
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Auction Ended On: Sep 27, 2007
Item Activity: 9 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Very Rare Copper 1820 North West Token
1820 TOKEN North West Company, Copper Fine 15 NGC. Breen-1084. Although any North West Company token is rare, the brass examples are more collectible, courtesy of a small hoard of pieces excavated circa 1976 near the Umpqua River Valley in present-day Oregon. Breen believed copper pieces to be extremely rare. In his 1988 Encyclopedia, he was able to list only seven copper examples. "North West token man" George Eggimann estimates that only about 10% of surviving tokens are copper. As of (8/07), PCGS has certified nine brass tokens, but no copper tokens. Regardless of alloy, those tokens were issued holed to trappers and company trading posts.
Nearly all North West Company tokens have corrosion, and copper pieces are particularly susceptible. The present example is finely granular, but the legends are bold aside from COMPANY, which remains legible. Void of relevant marks, and listed on page 74 of the 2008 Guide Book. (PCGS# 952)

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