Lot 92
(c.1792-1794) Kentucky Token Cent. Engrailed edge. PCGS graded AU-58. These tokens were struck in England in 1792-94 for import to the United States. Some have plain edges, others were "payable at…" edges. This is one of the engrailed edge pieces, which is the rarest edge device made. Apparently this variety did not circulate, as the six graded by PCGS are all in AU-58 (3 coins), or mint state (highest, MS-63). The design is attributed to Kentucky as the letter "K" is at the top of the pyramid of state stars. Sharply struck and well preserved, with even brown luster on both sides. One minor planchet crack across the obverse above the hand. Undiminished by time or circumstance, this important colonial issue is certain to attract intense competition.
Estimated Value $750 - 1,000.
No provenance information was included, but likely purchased in the 1940s.
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| Realized $1,093 |
