Options
What is this? CAC Token
CircCam
Posts: 243 ✭✭✭✭✭
Anyone know the story behind this? Not a U.S. coin, but I think the user base in this forum would be the most likely to know. (I did ask at the CAC forum and no answers.)
It’s old enough to have a pretty solid skin. Thanks in advance for any additional info.
1
Comments
That's what's called a "love token." Someone who really likes CAC took an1895 Morgan dollar and planed off the reverse design and then engraved a CAC design.
Worry is the interest you pay on a debt you may not owe.
You should see my $50 octagonal Vault Box...
Opium slug?
Best laugh I’ve had all week! Thanks.
Having fun while switching things up and focusing on a next level PCGS slabbed 1950+ type set, while still looking for great examples for the 7070.
I would guess that is a business 'card' coin for this company link below (National Watch and Coin) and this is from the 'waybackmachine'.
It has/had the website nationalcoin.com and apparently was a cac dealer and at the bottom has a phone number of 1-800-OLD-COINS. From 2010/2011 (and to 2015 similar). These would be earlier cac days.
https://web.archive.org/web/20110226062302/http://nationalcoin.com:80/coin.php?id=344
.
.
Later links (or more recent dates) on the 'waybackmachine' for nationalcoin.com come up with or link to:
(these take a few extra seconds to load on my machine)
National Watch and Diamond Excange (2019)
https://web.archive.org/web/20190717132942/http://nationalcoin.com/
Buy My Gold .com (2020)
https://web.archive.org/web/20201023085635/http://nationalcoin.com/
There were links back to 2001 for nationalcoin.com but then it was National Coin Entertainment Inc.
https://web.archive.org/web/20010923092600/http://nationalcoin.com/
https://youtube.com/watch?v=2YNufnS_kf4 - Mama I'm coming home ...................................................................................................................................................................... RLJ 1958 - 2023
Many thanks!!
Is there any connection to modern day CAC? The oval shape and font (esp. the A) are quite similar. Based on @lilolme post, it looks like it is the CAC logo that they were using as advertising for their own business.
The nationalcoin.com domain redirects to buymygold.com. I tried looking up the domain registration info for each, but it didn’t return any useful information.
The website has a photo of the National Watch and Gold store on 8th Street in Philadelphia. The registrant of that domain is private as it was filed by “Domains By Proxy, LLC”. At the bottom of the site, it states ownership by “Jewelers’ Row Money Loan”, which is a registered pawnbroker.
There isn’t much contact info on the National Watch site, but at the bottom of the contact page, there’s a link to email someone named Rick London. Based on this Greysheet article, Rick is associated with (or is the same person as) Richard Cohen, who is a member of the National Coin & Bullion Association, and is involved in lobbying the state of New Jersey to repeal their taxes on bullion. Richard is also listed as the owner of the pawnbroker business.
@CircCam if you really want to know more about the token, that’s probably the guy to talk to!
Nothing is as expensive as free money.
Wow, thanks for the info. I was mostly intrigued by it as it seemed odd for them to use CAC’s exact branding on a token and the “buy the best, sell the rest” line. I think yours and lilolme’s hypotheses are sound.
Nope. But try again - we have some valuable parting gifts for you.
The Internet Archive has several versions of NationalCoin.com
First - 2001-2005 is National Coin Entertainment Inc in Edgewood NY, with a reference to kiddierides.com
Second - 2009-2015 is
Odd on favorite
Then 2019-2021 the name changed again, it's National Watch & Diamond Exchange still at the same place in Philadelphia.
They still do some business in coins, but it doesn't see front & center like it was in 2009-2015
ANA 50 year/Life Member (now "Emeritus")