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Mardi Gras Tokens

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jdmern's Avatar
United States
1949 Posts
 Posted 01/31/2014  5:57 pm Show Profile   Bookmark this topic Add jdmern to your friends list Get a Link to this Message Number of Subscribers
So I recently purchased a huge collection of Mardi Gras tokens, around 75 Lbs worth, which is at least 10k individual tokens. These are mostly 1970's and 1980's with some 60's and 90's... I've done a bit of research through sold items on ebay and it seems like individual ones don't really go for much... My question is, do any collectors of these think it would be worth going through for better ones or would my best bet be to just throw them into lots of 100-500 and sell them off that way (I have no interest in collecting them myself)
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publius's Avatar
United States
807 Posts
 Posted 02/01/2014  12:19 am  Show Profile   Bookmark this reply Add publius to your friends list Get a Link to this Reply
I have one space-themed Mardis Gras token from the late 1960s, celebrating the anniversary of the city, & the construction of the Saturn V moon rockets at Michoud (although the design is actually of a Saturn I). I'd love to have more, if they're out there, but I'm not sure offering you $1 per piece (of different types) would be enough incentive to sort through them.
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jdmern's Avatar
United States
1949 Posts
 Posted 02/01/2014  07:46 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
pubilius, send me a PM and let me know what you are looking for, I think I'm going to gradually break them into lots of 100 and when I'm counting them out if I catch any that fit your criteria I can pull them out...
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United States
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 Posted 02/06/2014  9:35 pm  Show Profile   Bookmark this reply Add Henry M Smith to your friends list Get a Link to this Reply
You probably have the aluminum ones. They are called doubloons. The first ones were made for Rex, the parade on Mardi Gras Day, and tossed to the crowd in 1960. They are usually thrown rom moving floats, and many get slight damage from contact with the street. Those actually grabbed in the air fare better. The colored ones are anodized, and they also exist in Mobile, Alabama and on the Mississippi Gulf Coast. I believe they may have gone as far west as Lafayette, Louisiana. As for value, not so much. When they were firs out people collected them, and there were doubloon shops, but now fewer parades throw them. They seem to be making a comeback, but were mostly replaced by plastic cups, which are useful and cheaper. Aluminum got too pricey for things tossed to strangers for free.

However, there are collectible, fine silver doubloons, that are sold to members of the krewes (spelled as typed), and not tossed away. Some of those find their way into the market. Most are about an ounce, but there is no standard. One Krewe had two sizes minted in the same year. One member of my coin club has a collection of the good ones, and I asked once. Oh, the oxidized silver are priced between the fine silver and he aluminum doubloons, and he price is closer to the aluminum.

Be careful on ebay. If it is silver in color there are people calling them silver.

Keep one of each, especially any with celebrities who were grand marshals, and the different color varieties, and add them to your collection. If you sell duplicates, selling as los is best, because you may mot make the basic Paypal fee otherwise. Certain parades are collectible, but not many.

There is a shop in New Orleans, the owner is Raphael, and I believe his name is in the name of the shop. Look at his prices as a guide. He has a website. But, he specializes in the silver ones.

Sorry I wrote so much, but it is not a simple anwer.
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chequer's Avatar
Canada
4227 Posts
 Posted 02/06/2014  9:46 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
Good information. I have a bunch of the aluminum ones (doubloons) too, but never really sorted through them like I thought I would when I got them years ago.
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Dawg51999's Avatar
United States
80 Posts
 Posted 02/06/2014  10:17 pm  Show Profile   Bookmark this reply Add Dawg51999 to your friends list Get a Link to this Reply
I have a couple silver ones from the Krewe I ride with. The silver ones are stamped .999 and are much heavier than the aluminum doubloons. That said after the Saints won the Super Bowl in 2010, Drew Brees rode in the Baccus parade and tossed black and gold doubloons with his face on them. I caught about 8 and flipped them on ebay for $50-60 total.
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United States
337 Posts
 Posted 02/07/2014  12:02 am  Show Profile   Bookmark this reply Add Henry M Smith to your friends list Get a Link to this Reply
One thing about the older ones is we will never know how many were lost in Hurricane Katrina. But, we will also never know how much interest was lost when entire collections were swept away. I sense a drop in both supply and demand.
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chequer's Avatar
Canada
4227 Posts
 Posted 02/07/2014  9:27 pm  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
@publius I went through my hundred or so and don't see the one you mentioned. I have a few from the '60s, most are from the '70s and '80s, some '90s and some 2000 and 2001. There are also a few undated. There are some with celebrities (Ron Howard, Kirk Douglas, the Fonz... others). Nothing special... all are aluminum.
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United States
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 Posted 02/07/2014  10:11 pm  Show Profile   Bookmark this reply Add Henry M Smith to your friends list Get a Link to this Reply
The ones with celebrities are probably Bacchus coins. It is one of the large krewes, and brings in a celebrity grand marshal each year. The grand marshal gets a special doubloon, not to be thrown by everyone. The rest of the parade riders get the normal parade doubloons. The person identifies the year, since each rod n a different year.
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chequer's Avatar
Canada
4227 Posts
 Posted 02/08/2014  11:39 am  Show Profile   Bookmark this reply Add chequer to your friends list Get a Link to this Reply
I did find one of these - in silver aluminum too.

http://www.ebay.com/itm/New-Orleans...047675.l2557
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Jim Delaney's Avatar
United States
99 Posts
 Posted 02/16/2014  7:36 pm  Show Profile   Bookmark this reply Add Jim Delaney to your friends list Get a Link to this Reply
I have no interest in them but my son has begun showing an interest in them. Not sure why.Anyway, if you plan to put some beginner set together let me know.
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jdmern's Avatar
United States
1949 Posts
 Posted 02/17/2014  09:00 am  Show Profile   Bookmark this reply Add jdmern to your friends list Get a Link to this Reply
Jim, send me a PM and let me know what you are looking for, I made up some lots that I put up on ebay yesterday, see how I do on those and then see what I do with the rest, but I'm sure I can make up a nice beginner set for your son
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