NNP

(1688) TOKEN American Plantation Token, 1/24 Part Real, Sidewise 4, Newman 3-C, W-1145, R.7, MS61 NGC. Die alignment: 360?. A Sidewise 4 variety of this enigmatic series, of which only eight or nine examples are known. This is the finest graded by NGC; PCGS has graded two in MS60, but nothing higher. Eric P. Newman has a special fondness for the American Plantation issue, having written the standard work on it in 1955 (revised in 1964). The present token is exceptional, showing well-defined detail and consistent silver-gray coloration. The granularity that develops on tin coins over time is not advanced on this piece, which shows no real "tin pest." The British struck minor coins made of tin from 1684 to 1687. The American Plantation tokens were struck the year following the discontinuance of the metal in British coinage, and are the only American Colonial issue struck in it. Their denomination can seem puzzling given their British origin, but as the tokens were intended only to circulate in America it was felt that using the Spanish valuation was appropriate. Listed on page 43 of the 2018 Guide Book. Ex: Eric P. Newman Numismatic Education Society.

Heritage Newman IX, November 2017, lot 15014, realized $21600. Images and description courtesy of Heritage Auctions.