Heritage World Coin Auctions
CICF Signature Sale 3032 Online Sessions 15-16 April 2014
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Honduras
Puerto Cortez Token Octet, Rulau Crt- 16 and Crt-18 are 6 ¼ Centavos of J.A. Aybar 19mm CuNi in similar-style with the first dated 1898 and other undated. The undated 24mm CuNi 12 ½ Centavos completes the set. Scarce Rulau Crt -20 has Cortez Co. and ½ Real in 23mm brass. Rulau Crt -25 CuNi 20mm Un Real of Victor Kuylen in original Eklund envelope is easily nicest traced by Dana. Crt -33 and Crt -34 are oval brass of the Pittsburgh & Honduras Co. with circulating values of 1 Real and ½ Real. Final, unlisted by Rulau, is Aluminum 21mm of Foss y Whitmore with indication of its value as 6 ¼ (Centavos) or ½ (Real). Half the pieces are typical circulated-token quality around VF. The first two are a bit less and two others are much better. Puerto Cortez was historically important because in 1889 the national government of Honduras exempted steamships servicing it from port duties in an attempt to strengthen banana exports; such exports had begun in the mid-1870s but their high profit potential took a decade to be proven conclusively. From The Dana Roberts Collection and Study Group
Estimate: 400-800 USD
Puerto Cortez Token Octet, Rulau Crt- 16 and Crt-18 are 6 ¼ Centavos of J.A. Aybar 19mm CuNi in similar-style with the first dated 1898 and other undated. The undated 24mm CuNi 12 ½ Centavos completes the set. Scarce Rulau Crt -20 has Cortez Co. and ½ Real in 23mm brass. Rulau Crt -25 CuNi 20mm Un Real of Victor Kuylen in original Eklund envelope is easily nicest traced by Dana. Crt -33 and Crt -34 are oval brass of the Pittsburgh & Honduras Co. with circulating values of 1 Real and ½ Real. Final, unlisted by Rulau, is Aluminum 21mm of Foss y Whitmore with indication of its value as 6 ¼ (Centavos) or ½ (Real). Half the pieces are typical circulated-token quality around VF. The first two are a bit less and two others are much better. Puerto Cortez was historically important because in 1889 the national government of Honduras exempted steamships servicing it from port duties in an attempt to strengthen banana exports; such exports had begun in the mid-1870s but their high profit potential took a decade to be proven conclusively. From The Dana Roberts Collection and Study Group
Estimate: 400-800 USD