Morpeth (1863) 3 pence token KM-Tn34

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from the Stacks Bowers 2018 ANA sale, lot 20149
Australia SB815-20149r.jpg

This specimen was lot 20149 in Stack's Bowers ANA sale (Philadelphia, August 2018), where it sold for $3,360. The catalog description[1] noted, "AUSTRALIA. New South Wales. Morpeth. 3 Pence Silver, ND (1863). PCGS AU-53. Estimated mintage of only 400 pieces. According to Renniks who assigned an R9 rarity only an estimated 20 examples are thought to exist. VERY RARE, one of the classics of the series. Issued by James Campbell of Morpeth, New South Wales. Moderate wear consistent for the grade with minor debris amongst the devices. Light attractive tone. A real treat for the specialist." Filling a shortage of coinage in the expanding economy, private tokens flourished until finally being banned in the 1870's. The SCWC lists nearly three hundred varieties. Today most are very scarce.

Recorded mintage: est. 400.

Specification: silver.

Catalog reference: KM-Tn34; Renniks-N69.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1801-1900, 7th ed., Iola, WI: Krause Publications, 2012.
  • McDonald, Greg, The Pocket Guide to Australian Coins and Banknotes, 23rd ed., Lavington, Australia, 2017.
  • [1]Ponterio, Richard, Kyle Ponterio and Chris Chatigny, The August 2018 Philadelphia ANA Auction: World Coins and Selections from the El Dorado Collection of Colombian Coins, Santa Ana, CA: Stack's Bowers LLC, 2018.

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