Davissons Ltd.
E-Auction 36 26 Aug 2020
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UNITED STATES. Merchant Token. Wood's Minstrels. AR quarter. 6.31 gm. 24 mm. Admission token to Wood's Minstrels' new marble performing hall. 1857. Their new theater building, ERECTED 1857; ADMIT TO WOOD'S MINSTRELS TEMPLE OF MINSTRELSY 561 & 563 BD WAY N.Y. / WARRANTED PURE SILVER INTRINSIC VALUE 25 CTS.... Miller-NY-964. Extremely Fine; nicely toned.
A silver quarter was a lot of money in this era, and having a quarter-size token with the right intrinsic silver value was quite unusual for pre-Civil War issues. This allowed this token to circulate as a quarter.