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Replies: 15 / Views: 2,171 |
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Pillar of the Community
 United States
2843 Posts |
So I am pretty stoked. For those who've been reading my other posts, I just bought a big lot of coins without looking into them and I am finding some good stuff. This is the crown jewel. While Montreal bank tokens are not very rare, this is a rare mule known as PC-2A1 https://www.NGCcoin.com/auction-cen...oinid-766646. It has the obverse of the 1837 and the reverse of the 1842. The ribbon on the obverse (at least the side that I am calling the obverse - with the date) reads "City Bank" while the regular issue reads "Bank of Montreal". The reverse is righteous. The obverse has some issues. Is this coin details'ed Can it be restored? And what would you think it is worth in the condition that it is in? Looking for advice. Please. Thank you.  
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Valued Member
Canada
288 Posts |
Great find. I don't think there's much you can do about the damage. Probably best to leave it as-is. It might be a $250 to $350 coin, looking at the Charlton, accounting for current market conditions, and taking the damage into consideration. Curious to see what others think.
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Pillar of the Community
  United States
2843 Posts |
Thanks NumisCat. I paid $300 for the lot of 59 tokens and many of the others are noteworthy as well.
I fell good about my purchase. EDIT: I did not fall, rather feel. I know I could have corrected this, but funny stuff are funny.
Edited by BigSilver 05/04/2017 12:11 pm
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Pillar of the Community
United States
2589 Posts |
The gunk on the obverse may be removable, if its PVC acetone or xylene should do the trick, if its verdigris verdicare might help. Another option is sending it in the NCS to get conserved.
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Pillar of the Community
Canada
2781 Posts |
the areas of concern are not that distracting. my advice is don't touch it, it is a rare enough coin to stand on it's own "as is". messing with it might make it worse.
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Bedrock of the Community
Canada
10743 Posts |
Yeah nice... 
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Pillar of the Community
Canada
1463 Posts |
I would leave the way it is, great find
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Pillar of the Community
  United States
2843 Posts |
Thanks for all of the suggestions, and the congrats. I plan to sell this. Would you think that a TPG would be a good call for this?
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Pillar of the Community
Canada
1463 Posts |
Probably ICCS would be the best bet I think. It doesn't cost a lot and who knows they might not even note any issues and just give a flat grade of ms60
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Pillar of the Community
  United States
2843 Posts |
@Alan- Does one need a membership to send to ICCS? Also would the value of a slabbed ICCS be comparable to an NGC even if there was a grade difference?
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Pillar of the Community
United States
840 Posts |
Nice token
Technical grade AU 50. The issues may lessen the overall grade to an XF.
I would go with ICCS for grading. I currently have six of the critters:
PC-2A1 Scratch ICCS VF-30 HA 230 Co. #88 BM R-8 PC-2A1 ICCS EF-45 JD 487 Co. #88 BM R-8 PC-2A1 Plated ICCS AU-50 TT 546 Co . #88 BM R-8 PC-2A1 ICCS AU-50 RC 931 Co . #88 BM R-8 PC-2A1 ICCS AU-50 YE 071 Co. #88 BM R-8 PC-2A1 ICCS MS-60 JD 475 Co. #88 BM R-8
doug
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Pillar of the Community
  United States
2843 Posts |
Quote: I currently have six of the critters: Doesn't make this seem so rare at all. Do you have all of them?  Are you looking to buy another?
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Pillar of the Community
Canada
2781 Posts |
Quote: I currently have six of the critters One day I hope to have a collection as nice as Doug's discards, but even that might be aiming high 
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Pillar of the Community
Canada
1046 Posts |
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Bedrock of the Community
United States
94367 Posts |
Nice example, tough issue, but I would agree that it is a details coin.
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Pillar of the Community
Canada
514 Posts |
that is a beautiful token that I would feel privileged to have in my collection.
Please don't do anything to it.
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Replies: 15 / Views: 2,171 |
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