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    (1694) London Elephant Token, MS62 Brown
    Rare Diagonals Variety, W-12000
    Only Certified Mint State Example

    (1694) 1/2 P London Elephant Token, Diagonals, MS62 Brown PCGS. Betts-81, Hodder 1-A, W-12000, High R.6. Any Mint State Elephant token is a significant piece, but this is the very rare Diagonals variety. The diagonals are at the center of the reverse shield, and are absent on the usually seen Hodder 2-B. This well struck chocolate-brown piece lacks visible abrasions, and is also devoid of carbon. A strong loupe and patience reveals a couple of thin horizontal marks on the flank of the pachyderm. Luster shimmers across each side when the piece is rotated beneath a light.

    Most survivors of this variety are softly defined at the centers due to a combination of strike and wear, and the all-important diagonals are faint. On the present piece, however, the diagonals are fully defined, and delicate die polish marks are visible within the shield near the diagonals.

    The present lot is the only Diagonals example certified as Mint State, which allows it to stake a strong claim as the single finest known. At PCGS, the second finest grades AU55. At NGC, the finest is certified as AU58. The July 2009 Stack's catalog description for this coin stated that "This piece far surpasses the Ford specimen, the Norweb specimen, and the Breen plate coin." The variety was absent from the celebrated Garrett and Eliasberg collections. The only comparable is the Roper specimen, which apparently has never been certified.

    Elephant tokens are important to an Early American Collection because of the very rare varieties that reference Carolina or New England within the reverse legends. The obverse of the Diagonals variety also struck the PROPRIETERS Carolina variety. The extremely rare New England variety shares an obverse die with the 'common' Hodder 2-B London variety. Listed on page 41 of the 2022 Guide Book.
    Ex: FUN Signature (Heritage, 1/2007), lot 722; FUN Signature (Heritage, 1/2009), lot 3542; Treasures from the S.S. New York (Stack's, 7/2009), lot 8; Philadelphia ANA (Stack's Bowers, 8/2012), lot 11152.
    From The Dickson Collection.

    Coin Index Numbers: (NGC ID# 2U3C, PCGS# 61)

    View all of [The Dickson Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    August, 2021
    18th-22nd Wednesday-Sunday
    Bids + Registered Phone Bidders: 46
    Lot Tracking Activity: N/A
    Page Views: 3,769

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