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1904 Louisiana Purchase Exposition Gold 1/2 Token: Real Or Fake?

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oriole's Avatar
Canada
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 Posted 01/29/2022  1:27 pm Show Profile   Bookmark this topic Add oriole to your friends list Get a Link to this Message Number of Subscribers

1904-Louisiana-Purchase-Exposition-Gold-1/2-Token:-Real-Or-Fake?
1904-Louisiana-Purchase-Exposition-Gold-1/2-Token:-Real-Or-Fake?

This weighs 0.30 grams and has a diameter of 11 millimeters

My LCS got this in a recent purchase, and while it is not something I would likely buy, it is interesting because I have never seen it, and have no idea if it is real.
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westcoin's Avatar
United States
9792 Posts
 Posted 01/29/2022  2:32 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Looks real to me, I see the die problem at the bottom of the trefoil. These can be certified by PCGS #519177

The are fractional "so called" dollars. Here is a link to a recent high quality (MS64) one sold ($432.00)by Heritage Auctions:

https://coins.ha.com/itm/western-so...ption-071515

Same auction the 1/4 issue sold for the same $432.00 in MS66. Not especially rare but pretty neat and affordable.

How much is the LCS asking for the one you showed?
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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oriole's Avatar
Canada
5239 Posts
 Posted 01/29/2022  3:23 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@westcoin, the LCS has not assigned a price yet. I believe that their plan is to have it certified and then auctioned. There would be a very limited local interest here in my home town of Ottawa, Canada. I have looked at it and there seems to be some sort of residue on it which, they hope, will come off with acetone.

There is an interesting story as to it acquisition. The previous owner said that he found it about 40 years ago in an old purse that had been discarded. It was someplace not far from here.

How it got from the exposition to an old purse would be an interesting story.
Edited by oriole
01/29/2022 5:06 pm
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westcoin's Avatar
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 Posted 01/29/2022  7:17 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
My guess is probably belonged to someone that traveled to the expo then. Some more information I found on this little piece.

The token is cataloged as H-61-330 in the Hendershott reference on memorabilia from the 1904 St. Louis World's Fair.

The very small and very thin gold token is often found fully proof-like on both sides with deeply mirrored fields and frosty devices. The fields of the coin are filled with many die polish lines that show in the photos and which are completely original to the coin. The "Z" at the base for the fleur-de-lis obverse design is the initial of Farran Zerbe who privately minted and marketed these pieces at the 1904 St. Louis World's Fair. Zerbe, who would later serve as President of the American Numismatic Association, was also in charge of distributing the classic gold dollar commemoratives struck by the U.S. Mint in connection with the Expo.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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flag4's Avatar
United States
869 Posts
 Posted 01/29/2022  9:15 pm  Show Profile   Bookmark this reply Add flag4 to your friends list Get a Link to this Reply
Lot's of great info on an obscure little piece . .
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nickelsearcher's Avatar
United States
15425 Posts
 Posted 01/30/2022  06:43 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Appreciate west coin input on this token - I've never heard of such an example and have now learned a lot.
Take a look at my other hobby ... http://www.jk-dk.art
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oriole's Avatar
Canada
5239 Posts
 Posted 01/30/2022  11:52 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
@westcoin, that's a very interesting bit of information. Is there any indication what these tokens originally sold for? They have quite a bit less than 1/2 dollar worth of gold in them, closer to 20 cents.
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westcoin's Avatar
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 Posted 01/30/2022  7:57 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
I believe they were valued at the amount on them, as mentioned they are incredibly thin, so back in 1904 the value wouldn't have been much different then the value stamped on them, They were for use at the Expo only though.

So this one shown would be a half dollar, with around .20 cents worth of gold in it, making Zerbe a fair profit.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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westcoin's Avatar
United States
9792 Posts
 Posted 02/06/2022  3:48 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Just saw this same type in a NGC holder and graded MS62 Prooflike coming up for sale soon at Heritage:

https://coins.ha.com/itm/western-so...0248-93308.s

Currently at $125.00 as of February 6th. Auction ends on the 21st.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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