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Stephen Album Rare Coins
Auction 22  14-15 May 2015
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Lot 1286

Starting price: 220 USD
Price realized: 260 USD
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FAROE ISLANDS: 16 skilling token, ND, Sieg-7, C. F. Siemsen, About EF, R, ex Bruun Rasmussen Auction, ex Dr. John Lund Collection. According to Sieg, the royal monopoly on trade in the Faroe Islands was abolished in January, 1856. This resulted in many new businesses springing up. One was run by a German, C. F. Siemsen, who ran baths in Iceland and the Faroe Islands. He produced these tokens at his own private mint.

Estimate: 300- 400 USD
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