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Stack's Bowers & Ponterio
Summer 2022 Global Showcase Auction  22-26 Aug 2022
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Lot 34408

Starting price: 480 USD
Lot unsold
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DANISH WEST INDIES. St. Thomas. L. Tissot & Co. Copper-Nickel 10 Cents Mexic Token, ND (ca. 1890). PCGS Genuine--Cleaned, Unc Details.
Sieg-56; H-58. No real evidence of handling is observed, though some minor cleaning as noted is seen though lightly scattered hairlines. Nevertheless, a SCARCE and desirable token issue, especially when encountered this presentable.

Born in Amsterdam, Louis Tissot was a shopkeeper and rum merchant beginning in 1889. His are the last of the Danish West Indies token series, which were born as a solution by local merchants to prevent losing money when making change (as the value of the Mexican Peso--the dominant coin in the Danish West Indies--was always fluctuating). On 4 November 1892, the Danish Governor of the islands forbade the further importation and issuance of private tokens.

Estimate: $800 - $1200

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