(sold for $7637.0)

1820,
CANADA. North West Company. Beaver Token (One Made Beaver), 1820. PCGS VF-30.

Important North West Company Beaver Token Issued for Western Canada & the United States

Br-925 (R-5); Lr-485 (R-8). Struck in brass. Engrailed edge. Old head of King George III facing right, "TOKEN" above, "1820" below; Reverse: North American beaver standing right on landscape, "NORTH WEST" above, "COMPANY" below. The Northwest Company was one of the most significant companies involved in the North American fur trade during the 18th and 19th centuries. Founded in Montreal in 1779, the North West Company grew to be the biggest competitor to the Hudson Bay Company. This token was issued in 1820, valued at one beaver pelt. The following year the company merged with and into Hudson Bay Company. The tokens are believed to have been struck in Birmingham, England, by John Walker & Co for the Canadian and American market. Normally, these tokens are found very well worn and often corroded having been unearthed in region of the Lower Columbia River and Umpqua River valleys in Oregon. This newly discovered example comes to us from the American North West, having just recently been sent to PCGS for certification by our firm. Despite having been holed, PCGS has assigned this coin a numeric grade as it is believed that these tokens were issued with holes in them for suspension. Reportedly only one example is known which is not holed, that being the copper example housed in the Bank of Canada collection. Pleasing olive brown surfaces with darker red and brown tones, quite attractive for the VERY RARE type and certainly among the nicer examples known.

PCGS#: 396409
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Price
This coin has been sold for   $7637.0 / 2014-06-13

Transaction details: https://www.hobbyray.com/page-cache/52c946180ee24395ace6bf5da9a7ef56.html
Posted by: anonymous
2015-05-01
 
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