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 Replies: 13 / Views: 1,658 |
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Pillar of the Community
 United States
2843 Posts |
I think this token is a rare token. There is a more common similar one that has a one in the center of the wreath in the reverse. This one does not. I think it is an R-6 reverse. And an R-3 obverse. What do you all think about A) Attribution B) Grade C) Value in dollars.   As always, thank you all for your help and your valuable opinion. |
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Pillar of the Community
United States
4415 Posts |
Looks like you've acquired a NY 630-K-9a with an 1133 reverse. It's an R-7 in copper and might slab as Unc. I'd guesstimate its value at $150-200. Unslabbed, I'd say $100-125. There are a number of off-metals for this variety, so many examples exist.
The great majority of CWT collectors don't try to collect all varieties for given merchants. Obtaining one example per merchant in any given town is often sufficient. In the case of Brimelow, NY City is a most common town, and this druggist, popular as his tokens are, issued a few fairly common varieties. This tends to depress the dollar value of the scarcer varieties.
BTW, I'd suggest that any collector of CWT's would be wise to snag a used 2nd edition of Fuld's storecard book. IMHO, these are much more user-friendly than the new Whitman books. Granted, the Whitman books have great pics, general info and prices. However, the Fuld books are arranged much better, more logical to follow when attributing varieties.
Edited by ExoGuy
07/17/2016 3:25 pm
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Pillar of the Community
 United States
2843 Posts |
Exoguy- thank you for your detailed answer.
I think I bought this well considering that I paid well less than the number you have thrown out there.
I am somewhat surprised that a rarity such as this would go for so low. Can you or anyone else address that. Why would that be the case?
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Pillar of the Community
United States
4415 Posts |
Quote:
I am somewhat surprised that a rarity such as this would go for so low. Can you or anyone else address that. Why would that be the case? I did address that above, in my second paragraph. There are many varieties for this relatively common merchant. If a merchant issued but one variety, say an R-7 or higher, the demand for such a small number would push up the value. In the case of Brimelow, there are well over a dozen varieties, ranging from R-3's on up (resulting in many hundreds of Brimelow tokens in the marketplace). Then too, if there was only one merchant in any given town or state (like Kansas) who issued a CWT, the price is driven upwards by demand from those who collect by town/state and not simply by merchant. Other factors enter into the picture as well, like occupation, pictorial, metal content, etc. I hope this better explains how CWT's are valued ... Edited by ExoGuy
07/17/2016 8:14 pm
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Pillar of the Community
United States
2843 Posts |
Thanks. I get it. You seem to know all about these, but then again your name....  |
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Pillar of the Community
United States
4415 Posts |
Bought my first CWT in 1964, having long collected, studied and occasionally written about them. I found them to be most interesting until the fledgling field of counterstamps came along. Relatively rare pieces in both genres can still be acquired at reasonable cost. Yet, it's getting increasingly difficult to locate desirable CWT's and/or counterstamps at shows. While I'm not a big proponent of slabs, the condition of your Brimelow piece might be worth the cost. NGC seems to be the preferred service by most CWT collectors. I like SEGS holders best though. Here's a more common, pretty one that I happen to have a pic of ...   Edited by ExoGuy
07/18/2016 12:44 am
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Pillar of the Community
United States
4415 Posts |
Here's a Brimelow R-6 that's currently up for bids on ebay Note the pedigree to Virgil Brand ... http://www.ebay.com/itm/22219024099...RK:MEBIDX:ITWhile it looks more copper than brass to my eye, the seller is among the most respected token dealers in the country. It may be inadequate tint in his pics. Here are the pics of the NY 630K-8b ...   Edited by ExoGuy
07/21/2016 08:53 am
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Pillar of the Community
United States
627 Posts |
I'm a fan of the Brimelow tokens. The one in the first post is very nice! Here's my example of the type...with what's called the "ugly bust" of Washington. It's NY-630K-2a (R3).  Edited by brg5658
07/21/2016 1:19 pm
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Pillar of the Community
United States
4415 Posts |
That's a beauty, brg5658, what with that electrifying, neon blue toning! Seeing it gives me pangs of seller's remorse, as I parted with a good many similar pieces over the years. Given all the Brimelow tokens that I've seen over the years, I don't ever recall seeing a low grade specimen; predominantly, XF or better, as these come. I'm guessing that's due to their diameter being larger than a cent. Then too, the government issued their own Two Cent Pieces in 1864' this, in conjunction with the coinage act that went into effect that year. |
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Pillar of the Community
United States
2843 Posts |
Brg5658-
Thanks. I would consider selling. Are you interested?
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Pillar of the Community
United States
4415 Posts |
Brg5658 .... Thanks for the offer, but I've been selling off most of my stuff for years; this, but for the counterstamps which I much enjoy researching. I've had great luck with Steve Hayden's auction, and I bet that Steve would take super pics of this Brimelow!
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Pillar of the Community
United States
2843 Posts |
UPDATE:
Graded by NGC, got MS64 BN.
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Pillar of the Community
United States
4415 Posts |
Congrats on the grade, BigSilver. I see that the R-6 variety, pictured above, which looks AU to me, sold for $60.
Again, the fact that there are so many varieties issued by this merchant tends to depress the overall rarity and value. An R-7 CWT, SMT or Single Merchant Town, SCM or Single Card Merchant, will always be valued much higher than an R-7 like the Brimlow token.
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Pillar of the Community
United States
2843 Posts |
Thanks ExoGuy.
Two of my other submission fared worse...
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Replies: 13 / Views: 1,658 |
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Posted 07/17/2016 5:39 pm
