DANISH WEST INDIES: 3 cents token, ND (ca. 1890), Sieg-1, Carlsen-3, Higgie-400, G. Beretta, St. Thomas, EF, ex Dr. John Lund Collection. According to Higgie, most of the merchant tokens for the Danish West Indies were made between 1888 and 1892. These were issued to meet the need for small change in transactions involving Mexican pesos, which were in circulation at the time. These tokens were valued using the Mexican monetary units. Many of the merchants could not or refused to redeem their tokens. Because of this, the Governor of the islands banned the further issue of these tokens on November 4, 1892.
Estimate: 125- 175 USD