Watch List notes:

FAROE ISLANDS: 10 öre token, ND (1929-33), Sieg-17, S. P. Petersens Eftf., Fuglefjord, brass, hexagonal, large lettering, uniface, small obverse scratch, EF, ex Dr. John Lund Collection. These tokens came about because of a coin shortage in the islands, which was due to not enough small change being sent from Denmark. Two merchants, J. F. Kjølbro and S. P. Petersen, had private tokens produced to alleviate these shortages. The Petersen tokens were produced in Spain. They were accepted by other merchants and circulated freely throughout the islands. They were not legal tender, and the Danmarks National Bank halted production in 1933.

Estimate: 150- 200 USD