Tokens and medals remain, especially when compared with U.S. coins,
an area where discoveries can be made and even the rarest examples
trade at a fraction of what comparably desirable regular issue U.S.
coins would sell for.
Heritage’s June 10 and 12 Tokens and Medals Signature Auction was
held in conjunction with the Long Beach Coin, Currency, Stamp and
Sports Collectibles Expo. The $858,105 sale included many lots under
$100, but there are three we're profiling in this week's Market
Analysis that were a bit pricier and show distinct areas of the tokens
and medals market.
Here's a look at one:
1838 ‘Am I Not a Man and a Brother’ Hard Times Token, EF-40,
Hard Times Tokens refer to a broad group of pieces produced between
1832 and 1844, most notably including tokens after the nation suffered
economic hardship starting in 1837. Among the most famous Hard Times
tokens are the ones with designs addressing slavery, as these tokens
directly relate to the era’s politics and have resonance to viewers today.
Connect with Coin World:
Just four examples of this particular 1838 “Am I Not a Man and a
Brother” Hard Times token are known, with Heritage reporting, “The
other three specimens are the John J. Ford, Jr. example also in a
major private collection, the Don Miller piece that is now in an
advanced Long Island Collection, and the granular example that was
recently discovered in Canada.”
This token was modeled after a late 18th century British merchant
token and the rarity in the Heritage auction, graded Extremely Fine 40
by Numismatic Guaranty Corp., sold for $70,500.
Keep reading this Market Analysis:
What the finest known 'Union Forever' Civil War
token sold for $8,812.50