1833 Liberia Ex Slave Token KM-Tn2 PCGS AU-55

Discussion in 'World Coins' started by jfscmedic, Aug 6, 2018.

  1. jfscmedic

    jfscmedic Well-Known Member

    Picked this up from the Ladson SC Coin Show this past weekend.

    A 1833 Liberia "Ex-Slave" Token Graded AU 55 by PCGS. Population of only 2 with only 1 Grading Higher by PCGS. Coin Info.jpg coinfacts.jpg Coin Obv.jpg Coin Rev.jpg Lg Obv.jpg Lg Rev.jpg
     
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  3. Seattlite86

    Seattlite86 Outspoken Member

    Very cool coin and piece of history.
     
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  4. Mat

    Mat Ancient Coincoholic

    Neat and historical token. Never seen it before.
     
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  5. Treashunt

    Treashunt The Other Frank

    Nice, but...

    I wouldn't have any idea of a fair value for that, that is, what to pay for it
     
  6. jfscmedic

    jfscmedic Well-Known Member

    NGC online site lists it at $175 in XF and $450 MS-60. Its AU-55. The dealer had it priced $275. I got it for $250
     
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  7. Seattlite86

    Seattlite86 Outspoken Member

    That's a high price (in my mind, because I keep a $50/month budget) but the coin is really cool and a historical piece. I'd be happy with it at that price. I doubt I'll ever see one at a show or store.
     
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  8. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Very cool piece. I was going to go to that show but wasn't able to make it. How was the show?
     
  9. jfscmedic

    jfscmedic Well-Known Member

    The item was picked up by a friend of mine I was working the gun show in Columbia
     
  10. H8_modern

    H8_modern Attracted to small round-ish art

    I used to have one but sold it on eBay. Little depressing that you guys have never seen one before since I tried the BST in January.
    [​IMG]

    Offered at $75 back then BTW
     
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  11. Mat

    Mat Ancient Coincoholic


    I think many ignore the FS area.

    I do better on the PCGS forums FS section.
     
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  12. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Indeed. Quite an interesting issue.

    Here is a proof 1847 Liberian cent, which I believe was their first regular issue coin. This one (PCGS PR65 BN) happens to be the finest graded at either PCGS or NGC. It is one of the nicer coins in my collection.

    [​IMG]
     
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  13. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Well worth it, I say.
     
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  14. Seattlite86

    Seattlite86 Outspoken Member

    That is a very awesome coin. I don't know if I have the discipline to reduce my collection to so few coins. I might one day find the fortitude to part with my world collection and try something like this. Some day... :)
     
  15. Tickle monster

    Tickle monster New Member

    I think the bottom line is if you bought it and your happy then it's no problem. Many people could have 10 different answers to this and only your matters.
     
  16. Mkman123

    Mkman123 Well-Known Member

    Can someone explain the meaning behind these tokens back in the day? Was it for collectors? Was it used to commemorate something?
     
  17. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    Well, the 1833 token commemorated the resettlement of free African Americans to Liberia, but it had a monetary function. Note that it has the "one penny" denomination on it.

    Why is that considered a token when the 1847 Liberian cent I posted is considered a coin? Well, that's because Liberia gained independence in 1847. So my 1847 cent was the first official coin struck by the Liberian government.

    The 1833 token was struck before independence by the American Colonization Society, which I suppose counts as a private entity rather than a government.

    Hence the reason the 1833 piece is a token while the 1847 piece is a coin.
     
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  18. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    Not to throw a wrench at you, LordM, but the issues of outfits like the East India Company are considered coins, aren't they? And they were a private company. So how do those differ from these?
     
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  19. Treashunt

    Treashunt The Other Frank

    Thanks, great pick up
     
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