"Money & Medals is the numismatic publication associated with the Money and Medals Network based at the British Museum and in association with the RNS, BNS and a number of key partner
museums. The Network aims to act as an information exchange for curators within the UK whose collections include coins, medals and other objects relating to monetary and economic history and
numismatics."
The December 2016 issue includes an article by Stephen Lloyd on a coin collection at at Knowsley Hall, Merseyside, which includes a nice example of the South Carolina Elephant token. -Editor
Coin Discovery at Knowsley Hall, Merseyside br/> Stephen Lloyd, Curator of the Derby Collection
Following my discovery during 2012 in the archive at Knowsley of a collection of 670 previously unrecorded coins – mostly Roman – wrapped in a piece of mid-nineteenth-century paper and stored in
one of the boxes relating to the 17th Earl of Derby’s passion for racing and breeding of thoroughbreds, I contacted Henry Flynn for advice at the Money and Medals network based at the British
Museum.
Having published an article for the M&M Newsletter about the discovery of this accumulation of coins by various Earls of Derby, I was contacted by the Ormskirk and West Lancashire Numismatic
Society. Since then two of their members, Alan Dawson and Graham Jones, have been assiduously cataloguing these coins at Knowsley on a volunteer basis, one day a month.
A compact 28-drawer Crozier mahogany cabinet has been made to store the coins, having been constructed by Peter Nichols of Nottingham. In 2014 Henry Flynn chaired a roundtable seminar at Knowsley
Hall, where discoveries concerning the Knowsley hoard were presented to local museum curators from the North West. I was also able to make a short presentation that same year about the coins at a M&M
Network study day at the British Museum. Research is continuing into the history and provenance of the Knowsley miscellany of coins, which date from the reign of Julius Caesar up until the late
eighteenth century.
Perhaps the rarest object is a South Carolina Elephant token of 1694, which was struck in copper in London, and which were thought to been a form of advertising jettons to promote interest in the
young American colony.
For more information about the South Carolina Elephant token, here's an excerpt from a 2014 Coin World article by Steve Roach about the sale of one of the coins from the
Eric P. Newman collection. This better-condition piece shows the complete legend. -Editor
London Elephant tokens were struck around 1672 to 1694, probably weren’t intended to circulate in the colonies, and are available in well-worn Very Good condition for around $300.
Similar tokens dated 1694 with a reverse reading GOD PRESERVE CAROLINA AND THE LORDS PROPRIETORS were likely struck in England and were possibly intended to heighten interest in the Carolina
Plantation in the American colonies.
A third variant (the rarest) states GOD PRESERVE NEW ENGLAND on the reverse; it is also dated 1694.
The Carolina Elephant token has two distinct reverse types, one with the correct spelling of proprietors and another with the misspelling PROPRIETERS. Heritage adds, “Although described in most
references as different dies, the placement and shape of all lettering is nearly identical, suggesting that a single reverse die was corrected after a small production of the misspelled pieces.”
The majority of the known Carolina Elephant tokens are well-worn, grading Very Good to Very Fine. Extremely Fine and finer examples are rare. This EF-45 piece sold for $47,000.
To read the complete article, see:
1694 Elephant
token promoting the Carolina Plantation in the American colonies sells for $47,000
(www.coinworld.com/news/us-coins/2014/06/1694-Elephant-token-promoting-the-Carolina-Plantation-in-the-American-colonies-sells-for-47K-at-Eric-P-Newman-auction.all.html)
For more information on the Money & Medals Network, see:
www.moneyandmedals.org.uk
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Wayne Homren, Editor
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