New acquisition. Undocumented die paring. 1/4 oz gold obverse paired with a new (unrecognized) reverse die. Very crisp strike on a polished bronze planchet.
I believe this is a bronze pattern and was to be struck/may have been struck in gold.
I contacted the seller prior to bidding and he assured me that Telle Presley (co-founder of Royal Hawaiian Mint) confirmed it was struck in bronze. Unfortunately. no mintage numbers. However, this coin completes my 1991 Kaiulani Design metal type collection (bronze, silver, gold, and platinum). There is only 1 documented bronze striking of the 1991 Kaiulani design, but luckily this pattern appeared.
It’s my opinion the price is too high…
A June 5th Heritage Auction lot 5441 sold for $1880 (final price with buyers premium) for a damaged token also.
I also did bid on the Heritage sale, but price was above my set limit.
I did bid on the exact same token as listed in the June 5th Heritage Auction (lot 9607) that is now listed on Ebay.
I lost due to over bidding.
Hammer price was $616.88 (final price with buyers premium).
Marked up by $278.12 (buy it now $895).
The obverse and reverse of 2M-226
M&R provided no image. Here is an image to recognize and identify correctly.