Found this old token what u think??

Heres a better pic of it i found on web

 

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Um....$2,250 for a token? Say what?

 

Found 'detecting' ?

 

I think I'd give it a good soak in 100% virgin olive oil.

Chris

 

I dont know about that price, just a pic i found on web was wondering if anyone knew anything, price guide or something?

 

Yup found detecting

 

Good for you dear fellow.......

 

im not going to touch until i know more about. I have some stuff that works good

 

What is that inscription.....drink or cigar? I'll opt for the stogie......

 

I like how it says 12 and a half cents. We are generous enough to give you 12 cents, but 13 cents? NO WAY. How about 12 and A HALF cents?

 

ha ha that is funny, glad we dont have speed signs like that ha

 

nice find

 

It's a pieces of eight thingy. 12 1/2 cents= one bit. Eight bits= one Spanish dollar.

 

someone on here has to be a token guru!!

 

Sure...why not? Many tokens are quite rare and highly collected, especially in high grade.

There was a time when a half cent was a very useful denomination for a couple reasons. It had purchasing power on it's own and it was useful in making change with foreign denominations.

 

Some of the priciest Civil War era tokens were the ones that were issued in the South, one or two in Virginia and one in Alabama. Even the Rulau catalog is seriously out of date price wise on those.

 

I can believe that. I'm not a token collector...but I have seen some go for very high prices. I think it's interesting that our local "entrepreneur" seemed shocked that some tokens can carry high value.

 

I collect some CWT myself, I have an R-7 that was dug up in a church garden back in 2012.

 

U guys know of any token collectors here on cointalk?

 

Post a pic !