Los Banos Token

[mickfin]

url=http://www.freeimagehosting.net/] [/url] Dose someone got some histry on this one,

[TominSalinasCA]

That's in the first Kappens book, at $7.50 value. Not a very small town (31 tokens attributed in this book). But being that it's octagon, which isn't as common, I'd say you've got a $15 to $20 token?

later, Tom

[oldfresno1]

There are numerous Merced County token collectors. I have seen this token before. About twenty years ago numerous diggers were digging and screening tokens at a site near LB. I read the history of LB and found out the main dowtown area burned in apprrox. 1919 and the remants of the building were hauled out to the outskirts of town. Tons of tokens., coins and bottles were found at that time. I was told it later determined that to be a hazardous waste site because of the heavy metals.

Oldfresno

[TominSalinasCA]

Old Fresno brings up the twist to the book price guides: They only hold true, if there are not numerous exact tokens surfacing.

The trouble with tokens, unlike coins, is that there is a limited market of buyers. Whereas thousands upon thousands would be interested in a 1909s VDB cent, the same can not be said of a particular token. Even certain saloon tokens that are supposedly $200 tokens, can quickly go down to $10, if, say for example, 10 of those tokens are put on the market.

Most collectors want tokens for their own locales. Why would they care about tokens in another state? It is possible to fill out a complete penny or dime collection of every mint and year, but impossible to do the same for tokens. So collectors aim to get their own state, or hone in on just dairy tokens, or just saloon tokens, or just the southern half the state, or just their own city, etc..... There may be only 5 or 6 buyers bidding up the prices we've come to expect from our guides, for a particular piece. Once those 5 or 6 have that piece, the demand goes down. They wouldn't want multiple of the same token.

Supply and demand.