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1694 Carolina Elephant Token, PROPRIETORS, VF20 NGC. Betts-79, Hodder 2-F, W-12120, R.6. ...
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Sold on Apr 22, 2021 for:
$10,200.00
Bid Source: HA.com/Live bidder
Description
1694 Carolina Elephant Token, VF20
Hodder 2-F, PROPRIETORS Spelling
1694 Carolina Elephant Token, PROPRIETORS, VF20 NGC. Betts-79,
Hodder 2-F, W-12120, R.6. The first four varieties of Elephant
tokens reference London, but the final three have legends related
to Carolina or New England; those are the varieties most coveted by
early American specialists, and they are rare to very rare. The
present example shows the corrected spelling of PROPRIETORS. Many
studies have examined whether these pieces are truly part of the
U.S. colonial coinage with which they have been traditionally
included. R. Neil Fulghum's extensive 2003 article, "The Hunt for
Carolina Elephants," connects the legends on the New England and
Carolina tokens with the eponymous 17th century London coffee
houses located near both the newly formed Bank of England and the
London Exchange (at which there were "Merchant's Walks" designated
"New England" and "Carolina"). One of the Lords Proprietors
colonizing Carolina, or a representative, held weekly presentations
at the Carolina Coffee House encouraging emigration. These tokens
may have served to generate publicity. Additionally, that
establishment served as a repository for letters from the Carolina
colony, providing a conduit for the exchange of information from
distant America. As such, this token has a rightful place in
American colonial numismatics. This example displays considerable
wear but has smooth surfaces. Wisps of amber color accent otherwise
chestnut-brown surfaces. The elephant is boldly outlined, and most
of the reverse legend is readable, including the date, on this
fascinating piece. With the recent weakness in values surrounding
these issues, now might be an opportune time to consider acquiring
this rarity. Listed on page 49 of the 2021 Guide Book.Ex: Donald G. Partrick.
Coin Index Numbers: (NGC ID# 2ATW, PCGS# 73, Greysheet# 13)
View all of [The Donald G. Partrick Collection ]
Auction Info
2021 April 22 - 25 Central States US Coins Signature Auction #1329 (go to Auction Home page)
Auction Dates
April, 2021
22nd-25th
Thursday-Sunday
Bids + Registered Phone Bidders: 17
Lot Tracking Activity: N/A
Page Views: 831
Buyer's Premium per Lot:
20% of the successful bid per lot.
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