1907 St. Louis Saloon Token - Coin Community Forum

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Author	Replies: 3 / Views: 2,047
7TF Pillar of the Community 743 Posts	Posted 07/02/2014 8:42 pm http://tokencatalog.com/token_recor...eate_uid=698 What would the value be on something like this? I have one listed on ebay with a fairly high price. I can't find anything like it listed on ebay or in the completed listings. Please tell me if you think I am way over priced. If you know of a site that sells these tokens or can provide me with any links to sites with more info on this token I would really appreciate the help. I have a few watchers so it must have some desirability. Kris Report this Post to the Staff

ExoGuy Pillar of the Community United States 4415 Posts	Posted 07/02/2014 11:57 pm My humble estimate would be in the $25-$50 range for the average collector. That said, if there are two folks who want it, the price could well exceed $100. Saloons are popular, and there are collectors who seek early tokens from their town. Occasionally, there comes along a potential buyer who sees some genealogical/family connection. IMHO, keeping a more obscure token like this posted for a few weeks with a "too-high" asking price seems to be a good strategy for sellers. That way, the piece gets added exposure and can accrue some watchers. Once you have a few watchers, you can lower the starting bid. Last year, a buddy of mine bought a counterstamped coin for over $700. When he asked my opinion as to its worth, I suggested between $100-$200. He had a family/ancestor connection. One can olly guess what the back-up bidder's interest was in that piece. The counterstamp was that of a late 1800's cutlery maker. Case in point, methinks ... Report this Post to the Staff
7TF Pillar of the Community 743 Posts	Posted 07/03/2014 01:40 am Thank you ExoGuy. My brother found this token in a flat of stuff I bought at an auction last year while looking for stuff for a yard sale. I looked it up on ebay and could not find any info on it. I was not looking things I can't find on ebay up on Google at the time, like I do now. Anyway, I figured it was just an old car wash token or something and just left it in the box and set it to the side. When he found it again he had me look it up and I found it listed in the token catalog with a search on Google and it said 1907, so I figured it had to be valuable. I really appreciate you giving me the estimate of $25-$50. That is what I figured it was worth to a casual collector of tokens but, I had no way to confirm it other than to ask. The price it is set at is fair, (probably cheap) for someone with the money to spend and the connection to it. Basically the token dealer sticker price could be whatever he feels he can pull from it. I am not a dealer but, I like to get the dealer prices whenever I can :) Report this Post to the Staff
ExoGuy Pillar of the Community United States 4415 Posts	Posted 07/03/2014 09:28 am Glad to be of help, 7TF. Old tokens from this era, even back to the Civil War era, occasionally turn up in small groups, having been part of some estate for many years, and that can depress the value. Personally, while I've not before encountered this token and assume it to be relatively scarce, I must admit that I've not a clue as to how many may have survived. This token has a more fancy letter design than do many of the post-1900 tokens. Then too, its value of 2 1/2, or one-tenth of a bit offers appeal. Most tokens from that era tended to be of the 5 cent denomination which seems to have been the going rate for a beer or cigar back then. The business name, replete with address, provides sufficient information to help a collector research it. These are the considerations that I took into account in offering my estimate of the token's worth. Someone who's seriously studied Missouri tokens would have a better handle on this one than do I. Report this Post to the Staff
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