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    Description

    (1688) American Plantations Token
    Newman 1-A, XF Details

    (1688) TOKEN American Plantation Token, HB REX -- Corrosion - NGC Details. XF. N. 1-A, W-1130, R.7. 126.4 grains. This Newman 1-A is composed of 98% tin, 1% copper, and 1% trace elements. The Plantation tokens solved two problems in the late 17th century. The first was the decreased demand for tin, and lack of price support for the British "tin farmers." The second was a dearth of small change in the British colonies, especially America. Most varieties are rare today. Newman 1-A is rated URS-4 in the Whitman Encyclopedia of Colonial and Early American Coins, suggesting a surviving population of five to eight pieces. Two examples from the Eric P. Newman collection are offered here. Dark pewter-gray surfaces display sharp central details, although heavy peripheral corrosion slightly disfigures the circumference.
    Ex: A.H. Baldwin & Sons, Ltd.; Eric P. Newman Numismatic Education Society.

    Coin Index Numbers: (NGC ID# AUB5, PCGS# 52)


    View Certification Details from NGC

    Auction Info

    Auction Dates
    May, 2014
    16th-17th Friday-Saturday
    Bids + Registered Phone Bidders: 17
    Lot Tracking Activity: N/A
    Page Views: 891

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Truth Seeker: The Life of Eric P. Newman (softcover)
    A powerful and intimidating dealer of the 1960s, backed by important colleagues, was accused of selling fraudulent gold coins and ingots to unsuspecting numismatists. Who would go up against a man like that and, over the course of decades, prove the fraud? Who would expose a widely respected scholar as a thief, then doggedly pursue recovery of coins that the scholar had stolen from an embarrassed numismatic organization, all over the objections of influential collectors who had bought coins with clouded titles? Eric P. Newman would - and did. Reserve your copy today.
    Sold on May 17, 2014 for: Sign-in or Join (free & quick)
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