I have quite a few CW Tokens and HT tokens that I am attempting to ID. The two that I am posting today are the most difficult (for me). And help woul dbe greatly appreciated. Gustavus Lindermueller I found the obverse, but the reverse is different from the listed one, with a beer mug. As always: Token ID. Grade (A lot of red here) Rarity Any comments about the piece. And of course: Value: As always, thanks a bunch!
Grilled: Thank you, and is that with this reverse. I know that there is one with a beer mug on the reverse, but not this 'Odeon' design. Thanks again
Yes that is with that reverse the one with the beer mg is 630AQ-4. Though it doesn't look like it the one you have wasn't struck on a CN cent was it?
Lindenmueller was a somewhat prolific issuer of token, with 44 varieties bearing his image. Grilled Pork Chop got the correct id, but it should have the state abbreviation and metal designator also - NY630AQ-4a Kanzinger's lists it (2002 ref.) at $12 in F/VF, $15 in XF and $20 in Unc. The hole will likely reduce the value by 10 or 15%.
Gustavus Lindenmueller was a Barkeeper/restaurant owner and otherwise one of the well to - do promoters of dinning entertainment. The "holed" piece you have, sends my mind wondering, "who may have worn this" during that period. The time of the New York Draft Riots and the Irish rebellion. Good historical token.
cw: Considering that the reference is from 2002, what do you consider the current value to be? and: Thanks, coinman.
more often than not, token values rarely increase in grades below MS. In those lower grades , they trade frequently and prices realized stay fairly consistent. Just another FYI regarding the token presented in this post, I referred to some literature I have in my library, which confirms that specimens of Gustavus Lindenmueller were added to the cabinet collection of the AJNS at the September 18th, 1863 meeting. There were three issues of Lindenmueller donated to the Society at that time. Now if you only had one of those!
What coinman said is most often the case with tokens. I have noticed that most cwts have been going up in value, at least judging by hammer prices on ebay. Just a few years ago, I could buy decent quality common cwts fairly often in the $6 or $7 dollar range, now I would have to pay $10. That doesn't sound like much, but that's in the ballpark of a 50% increase. Many of the scarcer varieties were also seeing similar increases. But on certain days, hammer prices are well below list, so go figure. But that may be a result of the current economic situation removing a substantial portion of the demand. I think cwts will do fairly well in the short run though with the 150th anniversary of the Civil War fast approaching. Your token is common enough that if you check auction results you should soon be able to see what a token like yours sells for, even with a hole. It being a common, and holed, will slow its growth in value.
