Expert: Dmitry Livshits - 6/14/2010

Question
i have what looks to be at least a ms 65 1857 bank of upper canada 1 penny token   cant find a value    can you help ???  its really gem bu  i would be stunned if its less than ms65   but a price for ms 63 would be good too..  thankyou sooooo much  james

Answer
Hi James,
An MS-65 Red would be a rare find indeed!
Of course, the coin would have to be officially graded and certified by one of the major companies (I would personally suggest NGC) in order to be worth the following prices. An MS-63 Red has an auction value of $250 to $300. The most recent MS-64 that I saw went for $300, but it was brown. A red one would be $300 to $400 and a little higher if sold in Canada. For an MS-65 red I would expect somewhere between $750 and $1,000. However, it may go well beyond that since there have not been any on the market in a while. An especially unmarred, full red example may even be graded as a specimen, which would boost the value dramatically.
Thanks for the question! =)