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Elephant Token, (1694), London, Thick Planchet, PCGS VF-30
Matrix1980
Posts: 553 ✭
Guys is this a good coin to own is it to expensive...I love the image on the coin and the fact that it is form the 1600's? Or could I find a nicer one else where at a better price?
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<< <i>Guys is this a good coin to own is it to expensive...I love the image on the coin and the fact that it is form the 1600's? Or could I find a nicer one else where at a better price? >>
I implore you to slow down.
Coin Rarities Online
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<< <i>Guys is this a good coin to own is it to expensive...I love the image on the coin and the fact that it is form the 1600's? Or could I find a nicer one else where at a better price? >>
I implore you to slow down. >>
The OP's behavior is more of a coin addict than a coin collector.
Come on Ryk I just want to know more about this coin nothing more and have yet to discuss any colonial coin here almost. It is a rainy day here and just like talking coins and watching college football all day. I am not GOING to be buying this coin that is a 110% sure thing.
I get it believe me!!! Just want to discuss about this coin that is IT!!! Never mind I will just go read on the internet instead.
<< <i>Still not listening to what anyone here has to say. You have to do the reading, no one here is going to keep reading to you. And who cares what we like, it is what you like that counts. "is this a good coin to own"....answer is...........-so are you going to follow that answer, someoneelse's tasts. "can I find a nicer one another one else where at a better price"......answer is- so are you going to rely on someoneelse's research especially when you haven't done squat, how do you know their work is accurate. >>
Seems as if we agree on this !
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Coin collecting is not a hobby, it's an obsession !
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Go for it!!! Better than silence on a rainy day.
Images courtesy of www.CoinFacts.com
Nobody really knows much about these coins. Lots of theories but very few facts.
Some think these were struck in England by or for the Royal African Company. (QDB states in his Colonial Encyclopedia that this theory can be dismissed since that entity was no longer active when these were made. However, no one really knows when they were made.)
Some believe the inscription on the reverse (GOD PRESERVE LONDON) refers to the 1665 plague and 1666 fire in that city. However, many believe these coins were struck around 1694, about 30 years after these events. In fact, a couple of rare varieties have that date inscribed on them.
Since a couple of rare varieties are inscribed with GOD PRESERVE NEW ENGLAND and GOD PRESERVE CAROLINA AND THE LORDS PROPRIETERS, many believe these coins have some real connection to early America. But so far, that specific connection remains unknown.
One theory noted by QDB is that these were tokens used in coffee houses in London named “New England” and “Carolina” in the late 17th century.
Will Nipper notes other theories about these coins in his book, including that they may be pattern issues for new coinage meant for the colonies.
Nipper also notes that Walter Breen “alluded to excavated pieces and to old, non-collector accumulations from New York and New Jersey that contain London pieces.” This Breen theory has also been used in Goldberg auction descriptions of these coins.
The entire symbol on the reverse is part of the city arms of London, as shown here:
According to various Internet sources, the shield combines the cross of St. George with the emblem of the city's patron, St. Paul. The sword has often been described or attributed to the dagger with which Sir William Walworth, Mayor of London, stabbed the rebel Wat Tyler on June 15th, 1381. The arms with the sword, however, predate this event. Another story states that the sword was granted by King Richard II as a reward for William Walworth's services to the King. There are, however, no historical evidences for either story. The sword most likely simply represents the sword of St. Paul.
Whatever the truth is about these coins, most colonial collectors include them in their collections, I think, because of the distinct possibility that they are related to the early American colonies and the lack of proof otherwise.
I've enjoyed owning a couple of Elephant Tokens over the years. Nice ones are not cheap.
But, as CRO and others have noted...I think you really need to slow down, do some reading (I can recommend some books and auction catalogs if you are interested in colonial era coinage), find your focus and set a specific goal for your collecting efforts. If you do these things, you will benefit greatly in the long term.
Good read for sure!!! Is that one of yours in the pic if so super nice coin with nice luster remaining after all this time!!!
<< <i>Is that one of yours in the pic if so super nice coin with nice luster remaining after all this time!!! >>
No, that coin image was from CoinFacts.
I don't own any coins anymore.
The last Elephant Token I owned was this one:
Hodder 2-B variety, Thick Planchet, considered to be URS-11 with an estimated surviving population of 500-999 pieces. MS-63 BN [PCGS]
Plated in Thomas Elder's May, 1920 sale of the Henry C. Miller collection, where it was described as "Uncirculated, partly red, and a rare state as such."
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