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Lot
2072

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

2008 May Long Beach, CA Signature Auction #1108

 
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Auction Ended On: May 29, 2008
Item Activity: 7 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 103B,C (Tuesday Only)
Booth 400 (Wednesday - Saturday)

Auction Room:
Room 103B,C

Description:
Rare Copper 1820 North West Token, Fine 15
1820 TOKEN North West Token, 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 (4/08), PCGS has certified ten brass tokens and only a single copper token. The present piece is the only copper example certified by NGC. None have been certified above VF, regardless of alloy. The 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.
From The Liberty Collection of American Colonial Coinage, Part Three.
(PCGS# 952)

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