Foeste Hotel Sheboygan Wis. Good For One Ride From Hotel To Depot. Token

To the Forum.

to CCF http://tokencatalog.com/display_rec...splayRecords
John1

Problem becomes even if rare, it doesn't mean its a big bucks item. First you have to have somebody that wants it bad, and is willing to pay big bucks. I have a number of auction catalogs with Tokens I have gotten in bulk buys of 30/70 tokens for $20.00/$40.00. Another thing is a lot of the older tokens like yours has no connection or meaning to the younger generation. So they don't pay big money for them. I found one I just got in a bag of 20 tokens for $7.00 listed in a specialty auction catalog from 2011 for a going rate of $100.00 to $200.00. First problem it was miss listed By their expert in the wrong category.
E bay and other auction sites are filled with "RARE" tokens and all are generally over priced. People do buy them at inflated prices mostly because they don't know better. Just because they are old doesn't mean rare. Most tokens from the mid 1800"s to thye mi9d 1950's are few and far between. Some business put whole boxes in a draw when they quite using them, and somebody finds them and sells them.
Transit tokens, and tax tokens are out there in the hundred of thousands to millions One state sold pallet boxes to a scrap yard he in turn sold a couple of the pallets to dealer who in turn sold most of a pallet to other dealers and collectors. Scrapped the rest.
As with any collectible you have to have somebody that wants to buy it at your price. Its probably worth $4.00/$6.00 retail and maybe slightly higher in the local of the hotel.

Thanks for your valuable input. Was just making sure as it was hard to find info on.

@merdybean, you need to think of the process by which these were made. Any business could order a number of tokens from a stamping firm. Nothing had to be documented, no approvals were necessary. Nobody outside the local area cared much, and when the business closed, even fewer cared.

In general business history is poorly documented. There were 1000s of towns that issued tokens.

Your best bet is to contact a library/archives in the town (if the town still exists) or some archives/ business directory of the county and see what they have on the hotel and the owners.

It can be a laborious process.