So there are two things wrong with this post title. First "Love Tokens" are not really tokens and second sometimes the raise the value of a coin. A traditional love token is just a coin that has been altered to include initials or a name of someone that is loved. Awww so sweet.
Inspired by James' recent post about his latest find I finally got around to scan a love token I bought from that huge lot. It has some sort of writing on front maybe initials or the word/name Joy but it's hard to tell. The design is simple a border made with two rows of dots in a wave pattern. You also see a second design that was never finished. I suspect this token was incomplete.
The reverse can be altered but in this case it wasn't showing us that this was a Nova Scotia cent from 1861. It is detailed enough to see this one is the Small Rosebud variety which is worth slightly more.
Assuming the coin would have similar obverse grade if it were whole then the coin would be around $5.00. However since it was altered it has no coin value but some artistic and collector value.
Love tokens are part of the numismatic world. They're listed under After Strike Modifications Division in most books. They were very popular in the 18th and 19th centuries and were presented as gifts sometimes in small pouches. The worth of any love token depends on the following;
- Quality of the engraving.
- Enameling or any other color added to the design.
- Amount of the engraving.
- History or provenance.
- Legible or readable initials, dates, or words.
Here are the stats for this token and the coin itself...
Type/Country: 1 Cent / Nova Scotia
Year: 1861 Small Rosebud (SR)
Mintage: 1,800,000 / Unknown for variety.
Metal: 95% Copper, 4% Tin, and 1% Zinc
Value: $0.50 (Hard to say because it has some damage and it is not fancy)
Obverse Writing: ?oy
These were done mostly by young men as gifts. Today some people still make love tokens but most loved one prefer digital toys or something store bought so a penny with your initials doesn't quite cut it.
Update: To show you an exquisite example of a love token.
Do you have a love token and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.