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    Description

    Amazing 1871 Wailuku Plantation Token, VF25

    1871 Hawaii Wailuku Plantation 12.5 Cents VF25 NGC. Medcalf-Russell 2TE-2. Sugar was the main product of Hawaii in the late 19th century, grown on the large plantations that were owned and operated by American entrepreneurs. Donald Medcalf and Ronald Russell write that "Hawaiian plantations were predominantly American corporations who exercised tight control over all aspects of sugar production. These corporations, or 'factors,' came to be known as the 'Big Five.'" The Wailuku Plantation was established in 1862 and first brought its product to market in 1864.
    The 1871 tokens were actually made at the Wailuku Plantation blacksmith shop on Maui, rather than being struck at a working Mint, clearly explaining why they have such a crude appearance.
    This example has a wonderful light brown appearance with little actual signs of wear on either side. Some minor scratches and surface roughness is evident on each side, although it is hard to say what is actual corrosion and what is a result of the way they were made. There also appears to be evidence that this piece was double struck, or struck over some other unidentified piece. A large die break is visible at the lower right obverse.
    An amazing piece for the specialist in Hawaiian items who will undoubtedly realize that an opportunity such as this rarely takes place.

    Coin Index Numbers: (PCGS# 600503)


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    Auction Info

    Auction Dates
    Jul-Aug, 2008
    30th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 1,403

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