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1887 Token Grove Ranch Plantation, 12 1/2 Cents, MS62 Brown PCGS. Medcalf TE-17....
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Sold on Dec 16, 2021 for:
$14,400.00
Bid Source: HA.com/Live bidder
Description
1887 Grove Ranch Plantation Token
Medcalf TE-17, MS62 Brown
Only Six Pieces Certified
1887 Token Grove Ranch Plantation, 12 1/2 Cents, MS62 Brown
PCGS. Medcalf TE-17. The 3,870-acre Grove Ranch Plantation on
the island of Maui had blacksmiths produce crude tokens worth
one-eighth of a dollar in 1886 and 1887. The tokens circulated
among employees of the sugar concern. This latter type is the rarer
of the two. Maurice Gould and Ken Bressett rated it R.7 in 1961
(four to 12 pieces known). PCGS has certified five examples in all:
one in XF45 and four in MS62 Brown. NGC reports a single submission
in AU50. Both sides of this top-graded survivor are well-detailed
with mahogany-brown surfaces and occasional steel accents. Slightly
rough, presumably as made. Listed on page 425 of the 2022 Guide
Book. Population: 4 in 62 Brown, 0 finer (11/21).From The Big Island Collection of Hawaiian Coinage and Tokens.
Coin Index Numbers: (NGC ID# 2UC3, PCGS# 600524, Greysheet# 11104)
View all of [The Big Island Collection of Hawaiian Coinage and Tokens ]
Auction Info
2021 December 16 - 19 US Coins Signature® Auction #1337 (go to Auction Home page)
Auction Dates
December, 2021
16th-19th
Thursday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 465
Buyer's Premium per Lot:
20% of the successful bid per lot.
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