1792 Pyramid/Kentucky Token

Discussion in 'US Coins Forum' started by HandsomeToad, Aug 15, 2008.

  1. HandsomeToad

    HandsomeToad Urinist

    Howdy fellow coin peeps, :thumb:

    I've been busy lately and haven't had time to post any of my newest acquisitions so here's one of them:

    [​IMG]

    [​IMG]

    It's known as a Kentucky Token or Pyramid Token and is thought to have been minted in 1792. The story behind these is covered well by Louis Jordon, of Notre Dame:

    http://www.coins.nd.edu/ColCoin/ColCoinIntros/KYToken.intro.html

    I'm not the best at grading high grade coins but this is easily a AU-50 and could go into the MS range. :cool: I've seen others in PCGS slabs that are in the same condition and they were graded MS-63 and up. :D

    Ribbit :)

    Ps: It's the Plain Edge variety. ;)
     
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  3. mark_h

    mark_h Somewhere over the rainbow

    Nice coin - one of these days I will have to get one of these.
     
  4. Eduard

    Eduard Supporter**

    That is one nice coin! Beautiful surfaces. Congratulations. You certainly seem to have been busy lately finding nice coins.
    I didn't realize these coins/tokens seem to have circulated primarily in England?
     
  5. illini420

    illini420 1909 Collector

    My favorite pre-1793 coin design :) Here's mine NGC XF45:

    [​IMG][​IMG]
     
  6. Conder101

    Conder101 Numismatist

    Yes these were definitely an english token and circulated very little if at all here in the United States. They are also not that scarce as far as Conder tokens I believe they were a political token and one only mildly complimentary to the US. It isn't mentioned in the Notre Dame write up but the edge that was most certainly originally intended for these was AN ASYLUM FOR THE OPRESS'D OF ALL NATIONS. I believe this is the intended ege because it fits with the subject matter and it is found on no other Conder token. They probably were struck on at least two occasions, first with the intended edge as a collector pieces and then later as a small anonymous coinage for general circulation. The general circulation coins probably were intended to have a plain or the PAYABLE IN LANCASTER LONDON OR BRISTOL as they are the most commonly encountered varieties.) The lettered edge pieces are probably not special issues for collectors but were the result of the tokens being struck on left over planchets from other token orders. Not an uncommon occurrence, especially among the anonymous circulation issues The Lancaster edge shows up on a large number of different anonymous issues as well.).

    I don't know where they get the information about a vine edge specimen or the PAYABLE AT NUNEATON, BEDWORTH OR HINKLEY edge as neither one of these are listed in any of the standard references up through 2006.

    I have a D&H 59 with the Lancashire edge but it is not nearly as nice as either of the other two pieces posted here. I considered myself lucky to get it at a cheap price because these tokens come way over priced as far as Conder tokens go because they are listed in the Redbook and are collected as part of the American "colonial" series as well.

    D&H..............EDGE
    59 PAYABLE AT LANCASHIRE LONDON & BRISTOL scarce (about 200 pieces)
    59a AN ASYLUM FOR THE OPPRESS'D OF ALL NATIONS very rare 12 to 30 pieces
    59b milled //////// very rare 12 to 30 pieces
    59c plain edge scarce about 200 pieces
    59d PAYABLE AT I FIELDINGS MANCHESTER extremely rare discovered between 1918 & 1990
    59e engrailed }}}}}}}} extremely rare discovered between 1918 and 1990
    59f PAYABLE AT W PARKERS OLD BIRMINGHAM WAREHOUSE probably unique, discovered between 1990 and 1996.
    and the rarities of 59 and 59c are probably overrated.
     
  7. HandsomeToad

    HandsomeToad Urinist

    I agree! :eek:hya: There are a lot more than 200 of either floating around. ;)

    Ribbit :)
     
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