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Posts Tagged ‘Zeddies’

Another stunning treasure from the Dice-Hicks’ Collection of Hard Times Tokens was Lot 3129, another extremely rare Merchants Token from the historical seaport of New Orleans, Louisiana.  This lot was a brass, plain edge, Walton, Walker & Company token dated 1834. The token was engraved by Bale & Smith of New York.  It is Low 106, Rulau HT-129, 162.5 gns, 33.7 mm, with a rarity of R-7 (one of a handful known) and Struck Medal Turn.  The hammer price including the buyer’s fee was $63,250. 

The obverse: Walton, Walker & Co. 1834.  IMPORTERS OF AND DEALERS IN HARDWARES AND SHIP CHANDLERY No. 17 NEW LEVEE NEW ORLEANS. 

The reverse: FINE CUTLERY, GUNS, PISTOLS, IRON NAILS, CASTINGS DUPONTS POWDER MILL STONES &C.&C &C. 

This token has only been sold publicly two times in the past half century.  It was sold on June 23, 2004 (Lot 187) in the John J. Ford, Jr. Collection, Part IV where it sold for $48,875.  Previous to that it was listed in Ken Rendell’s Fixed Price List of September 5, 1958, consigned by Donald Miller; earlier, ex-Dupont and Tilden Collections.  We do not know what it was listed for on the Rendell Price List (which would be interesting, maybe someone has that infromation).  It was also auctioned in the 1916 Henry C. Miller collection sale.  Stacks makes the point in their description that this particular token is missing from almost all of the great Hard Times Tokens collections ever auctioned (including the Krause, Zeddies, Steinberg and Litman collections).  That puts it in perspective in terms of rarity!

To view this token go to this “link”.

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