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NEW YORKE TOKEN
PCGS Number: 226
Variety equivalents: Breen
245
Notes:
From "The Early Coins of
America" by Sylvester S. Crosby --
"The first of these is called the New Yorke Token, and has until
quite recently been considered unique, but within three years, three new
specimens have been discovered; two of these are owned in Boston, Mr.
Appleton having one in lead, and Mr. Parmelee one in brass. The other
specimen is in lead, but its present ownership is unknown to us. The
only specimen in lead accessible to us is so much corroded as to furnish
no satisfactory basis for ascertaining its original weight.
The only account we have found of this piece, is in the Historical
Magazine for 1861, from which we make the following extracts: 'The
style in which it is executed is more Dutch than English; and as the
only existing specimen has been preserved in Holland, it is probable
that the dies were originally cut there.'"
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Notes:
The 1991 ANS Proceedings publication Money of Pre-Federal
America contains an excellent study of the New Yorke Token by John
Kleeburg, where he listed 20 examples that either appeared at public
auction or were in institutional collections. Based
on similarities between the eagle on the coin and the crest of New
York Governor Francis Lovelace, Kleeburg proposes that these coins
were made sometime between 1668 and 1673.
PCGS has graded only two New Yorke
Tokens, both in the VG-VF range.
Significant examples:
In the February 2005 issue of NUMISMATIST (page 63), William Anton
offered a 1670 New Yorke Token in Pewter for $260,000.00, describing
it as follows: "Gem Uncirculated with full square edges."
Recent appearances:
"VF-20"
- Bowers and Merena Galleries, November
6-9, 2002, Lot 31, plated, "...37.3 grains. Diameter: 22.0
x 22.4 grains...Recently discovered in Belgium, sold for $12,650.00
Sources and/or recommended
reading:
Walter
Breen, "Walter Breen's Complete Encyclopedia of U.S. and Colonial
Coins
"The PCGS Population
Report, January 2005" by The
Professional Coin Grading Service
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