I wonder what the world economy would be like if we all stuck to the PURE COPPER PREFERABLE TO PAPER idea. Gold and silver are long-gone from the world's currencies, and copper was removed from American one cent coins in 1982. Things would be different. Would they be better?
But I digress ...
Canada and a few other nations issued several different patterns of TRADE AND NAVIGATION tokens during the mid-to-late 1800s. The one in our picture comes from British Guiana and is on sale at Coin Haus SESAM Basel in Riehen, Switzerland for 35 euros, about $41 US dollars, a good price for a nice-looking specimen with average wear and no problems. (Problems include scratches, stains, cleanings, spots, nicks, gouges, and the like.)
The SESAM Basel coin gives a good idea of value, which run like this:
average circulated: $50
well preserved: $100
fully uncirculated: $300
These are catalog values which must be adjusted to get actual buy and sell pricing. See our Important Terminology page for a discussion about how to change catalog values into actual values. CoinQuest thanks Coin Haus SESAM Basel for use of their coin image. It is a nice one!