Colonial Coins by Type | U.S. Coins by Denomination

  
NEW YORKE TOKEN

PCGS Number: 226

Variety equivalents: Breen 245

Notes:
From "The Early Coins of America" by Sylvester S. Crosby --

"The first of these is called the New Yorke Token, and has until quite recently been considered unique, but within three years, three new specimens have been discovered; two of these are owned in Boston, Mr. Appleton having one in lead, and Mr. Parmelee one in brass. The other specimen is in lead, but its present ownership is unknown to us. The only specimen in lead accessible to us is so much corroded as to furnish no satisfactory basis for ascertaining its original weight.

The only account we have found of this piece, is in the Historical Magazine for 1861, from which we make the following extracts: 'The style in which it is executed is more Dutch than English; and as the only existing specimen has been preserved in Holland, it is probable that the dies were originally cut there.'"

Notes:
The 1991 ANS Proceedings publication Money of Pre-Federal America contains an excellent study of the New Yorke Token by John Kleeburg, where he listed 20 examples that either appeared at public auction or were in institutional collections. 
Based on similarities between the eagle on the coin and the crest of New York Governor Francis Lovelace, Kleeburg proposes that these coins were made sometime between 1668 and 1673. 

PCGS has graded only two New Yorke Tokens, both in the VG-VF range.

Significant examples:
In the February 2005 issue of NUMISMATIST (page 63), William Anton offered a 1670 New Yorke Token in Pewter for $260,000.00, describing it as follows: "Gem Uncirculated with full square edges."

Recent appearances:
"VF-20"
- Bowers and Merena Galleries, November 6-9, 2002, Lot 31, plated, "...37.3 grains.  Diameter: 22.0 x 22.4 grains...Recently discovered in Belgium, sold for $12,650.00

Sources and/or recommended reading:
Walter Breen, "Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins

"The PCGS Population Report, January 2005" by The Professional Coin Grading Service