This is a very rare type that actually represents a blunder on the part of the die engraver. The small sword in the reverse shield is placed in the upper-right quadrant instead of in the upper-left quadrant, as was customary. We are aware of only six specimens of this type, as follows:
1. Ex: The A.W. Jackman Collection (Henry Chapman, 1918), lot 48; The John L. Roper, 2nd Collection of Colonial and Early American Coins (Stack's, 12/1983), lot 140. This is the plate coin on page 32 of the 1988 book Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins. "Choice Uncirculated."
2. British Museum, and obviously unavailable for private ownership. Grade Unknown.
3. John J. Ford, Jr. The website www.coinfacts.com lists this pedigree. In searching through the various Ford Collection sales conducted by Stack's from October 2003 through October 2007, however, this cataloger did not locate an example of the Hodder 1-C Elephant Token. Grade Unknown.
4. New York collection. The author(s) of the Coin Facts website state that this coin might be the piece that William Anton offered for sale in the February 2005 issue of The Numismatist. "Superb Gem Uncirculated."
5. Ex: Fred Baldwin (5/1963); The Norweb Collection (Bowers and Merena, 10/1987), lot 1228; The Collections of Craig N. Smith and George William Youngman (Bowers and Merena, 3/2003), lot 36. "VF-20."
6. The present example, prior pedigree unknown but believed have been discovered recently in England. PCGS VF-20.Discounting the Ford specimen whose grade is not known to this cataloger, the only other example of the Hodder 1-C variety that approximates the present example in terms of grade is the Norweb specimen. The two coins are definitely different pieces, however, and the piece that we are offering here is identifiable by the presence of a small, nearly circular planchet void above the elephant's shoulder. Additional physical attributes for this piece include glossy steel-brown and pinkish-brown patina with some deeper color intermingled around much of the obverse periphery. Moderately worn, yet still retaining overall bold definition to both sides. A tremendously important offering for the Colonial-era specialist, this piece would serve as a centerpiece in the finest cabinet.