1871 12 1/2C Hawaii-Wailuku Narrow Starfish, BN MS(PCGS#600503)

1871 12 1/2C Hawaii-Wailuku Narrow Starfish, BN MS (PCGS#600503)

August 2020 U.S. Coins Auction

详细说明: 1871 Hawaii Plantation Token. Wailuku Plantation. 12 1/2 Cents. Medcalf-Russell 2TE-2. Narrow Starfish. EF-40 (PCGS). This lovely piece exhibits plenty of good gloss to overall rose-brown surfaces. Blushes of deeper charcoal-russet in the protected areas around some of the design elements is associated with light surface scale, which is inactive and hardly troubling at the assigned grade level. Uncommonly smooth in hand with otherwise bold detail that wanes just a bit at the denomination and date on the reverse, although those features are still fully appreciable. The Wailuku Plantation on Maui issued tokens for the use of its employees in 1871 and 1880, a common practice for plantations and the railroad on this Hawaiian island. The first manager of this plantation was Edward T. Bailey, who began his term in 1862. In 1877 he sold the plantation to the Wailuku Sugar Co., and by 1880 it employed 160 people and was producing 1,500 tons of sugar cane per year. These tokens were struck on various gauges of copper in the "black smith" shop on the plantation. Many are quite crude, especially compared to the Haiku Plantation tokens of 1882, and all are scarce and seldom offered under normal market conditions. PCGS# 600503. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.