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<p>[QUOTE=&quot;cwtokenman, post: 243295, member: 2100&quot;]The rarest and most expensive would be different tokens, as would be my favorite. Rarity is relative to the size of the collector base. With some tokens I collect, a known population of 6 or more is considered common. Many tokens do not have known mintages, so known populations inherently have a bit of guesswork. Many types of tokens, such as a number of state groupings of merchant tokens, do not even have a reference for the topic. Price guides for exonumia are few and far between, so one just needs to get a feel for that niche of the market.</p><p><br /></p><p>So, it is somewhat difficult to answer your question in a general context, but cwts are fairly well researched and documented, so I will answer within that framework. For rarest, I suppose some of the 2 dozen or so unlisted varieties I have are good candidates, as they have the potential for being unique, although I would be surprised if any would actually be so. As far as cwts with rarity ratings based on known populations, I do not have any R-10 rated (unique) tokens, but I do have 32 R-9 (2-4 known) rated tokens (3 patriotics &amp; 29 store cards). One popular way to collect cwts is by the 400 issueing towns. The toughest of my R-9s is from a town that only has two varieties, each rated R-9. </p><p><br /></p><p>I don&#039;t think it wise to advertise values on the internet, but if you really wish to know you can PM me. Scarce tokens are worth just a small fraction of comparable rarity regular coinage though. Less desirable merchant R-9 cwts can list&nbsp; for as low as around $50 in uncirculated.</p><p><br /></p><p>My favorite token is not a cwt, but certainly is a related item. It is a political campaign token from the 1860 Lincoln-Hamlin campaign.[/QUOTE]</p><p><br /></p>

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