Stack's Bowers Galleries

June 2020 CA Auction  –  18 - 20 June 2020

Stack's Bowers Galleries, June 2020 CA Auction

U.S. Coins

Part 1: Th, 18.06.2020, from 11:00 PM CEST
Part 2: Fr, 19.06.2020, from 11:00 PM CEST
The auction is closed.

Description

1880 Hawaii Plantation Token. Wailuku Plantation. 1 Real. Medcalf-Russell 2TE-6. EF-45 (PCGS).

This richly original example exhibits blushes of copper-rose to otherwise deep olive-charcoal surfaces. Well centered in strike with universally bold, well balanced detail for the assigned grade. The Wailuku Plantation on Maui issued tokens for the use of its employees in 1871 and 1880, a common practice for plantations and the railroad on this Hawaiian island. The first manager of this plantation was Edward T. Bailey, who began his term in 1862. In 1877 he sold the plantation to the Wailuku Sugar Co., and by 1880 it employed 160 people and was producing 1,500 tons of sugar cane per year. These tokens were struck on various gauges of copper in the "black smith" shop on the plantation. Many are quite crude, especially compared to the Haiku Plantation tokens of 1882, although the present 1 real piece is both exceptionally well made and of superior preservation. A find for the advanced Hawaiiana specialist that is sure to sell for a premium bid.

PCGS# 600512.

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Bidding

Price realized 2'300 USD
Starting price 1 USD
Estimate 2'500 USD
The auction is closed.
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