Sap did a wonderful job answering the questions, but I'll add a bit.
Quote:
1) Who sets the rarity numbers on tokens like this?
In many cases, there are records from token producers as to how many were ordered / delivered. In the case of a maverick like this, we can make estimates based on the potential need. With only 3000 people in Taft, it is not likely that the saloon owner needed a great number of such tokens. I would set an upper limit of 50, with 25 much more likely. They didn't need many because of how they were used.
R factors can also be changed. Within the last few months, someone listed an R8 token (supposedly 4-6 known) on
ebay and there was frantic bidding. A week later, the seller listed another. Then another. Then listed a cigar box full of them they had acquired.
Quote:2) I know it will DETAILS - ED but should I consider submitting to a
TPG?
Most token collectors are tightwads like me, and would prefer to not pay extra for the plastic. We can evaluate a token better than any
TPG. Also, grades are not a consideration when a token is unique - people will bid on it regardless of condition (within limits, of course). There is not much turnover of rare tokens - they tend to be held by a collector for decades. When one does enter the market, there is fierce competition for it.
I have seen slabbed tokens, but these are usually pristine examples of well-known and highly sought-after ones.
Quote:3) It has a robust
DDR - do values increase with minting errors on tokens?
I've never seen this to be the case. I have seen people asking really high prices for some errors, such as double-struck or off-center strikes. Such things generally don't interest me, however.
Inordinately fascinated by bits of metal with strange markings and figures
Posted 10/24/2024 11:03 am
