Merchant advertising token Circa 1850's, Malcolm & Gaul of New York, M-NY-516. Choice Uncirculated, certified NGC MS-64, a bright, flashy attractive example. Despite being a relatively common piece, only eight shown in the NGC Census (Dec. 2022), this single MS-64, three MS-65 (one of which I am also offering), and four graded higher, which must be screamers. NGC's population statistics for this series must be taken with a small grain of salt, as they seem to have certified a number of pieces prior to establishing the Census, thus not all certified pieces may be listed for each variety.
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