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New -York and Harlaem Railroad Token, ca. late 1830s, NGC AU-50

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New -York and Harlaem Railroad Token, ca. late 1830s, NGC AU-50

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Details

(1835-38) New York and Harlaem Railroad Company token. Low-371, HT-299. German silver. AU-50 (NGC). Rosette counterstamp variety. A particularly high grade, well struck, and attractive example of this popular early New York transportation token. The surfaces are original and attractive, retaining some hints of lustre over the medium nickel-gray surfaces, along with some speckled deeper toning in the fields and some ancient surface encrustation that has not been touched for a century or more. The typically soft area of the central obverse, opposite the rosette counterstamp, shows good detail, and the counterstamp is likewise nearly complete. No heavy marks or scratches are visible on either side. Though the Ford collection included a substantial grouping of these (including five with the rosette counterstamp, this one among them), they remain very scarce and do not appear at market often. The most recent price realized for a specimen of this variety was in the February 2014 StacksBowers Americana sale, where an NGC VF-20 with some scratches brought $558. This one, choice and a full 30 points better in NGC's estimation, seems a very good value.

Additional Information

Grading Service NGC
Grade AU50
Designation No
Mint Location No
Strike Type Business
Circulated/Uncirc Circulated
Grade Add On No
SKU or Cert # 2601864007

Listed below are blog articles related to this product listing, if applicable:

Description

Details

(1835-38) New York and Harlaem Railroad Company token. Low-371, HT-299. German silver. AU-50 (NGC). Rosette counterstamp variety. A particularly high grade, well struck, and attractive example of this popular early New York transportation token. The surfaces are original and attractive, retaining some hints of lustre over the medium nickel-gray surfaces, along with some speckled deeper toning in the fields and some ancient surface encrustation that has not been touched for a century or more. The typically soft area of the central obverse, opposite the rosette counterstamp, shows good detail, and the counterstamp is likewise nearly complete. No heavy marks or scratches are visible on either side. Though the Ford collection included a substantial grouping of these (including five with the rosette counterstamp, this one among them), they remain very scarce and do not appear at market often. The most recent price realized for a specimen of this variety was in the February 2014 StacksBowers Americana sale, where an NGC VF-20 with some scratches brought $558. This one, choice and a full 30 points better in NGC's estimation, seems a very good value.

Additional

Additional Information

Grading Service NGC
Grade AU50
Designation No
Mint Location No
Strike Type Business
Circulated/Uncirc Circulated
Grade Add On No
SKU or Cert # 2601864007

Related Blog Article(s)

Listed below are blog articles related to this product listing, if applicable:

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John Kraljevich Americana