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Set
of five (5) NYC subway tokens.
All
of these tokens are highly collectible and very rare
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The last token in the New York City collection
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1970 - Large dye-cut Y token The 1970-1980 quarter
sized token with the Y cut out. With the new employee contract of 1970 a 23mm token was introduced for the 30-cent fare, which
in September 1973 became 35-cents, and in 1975 50-cents. Osborne Coinage Company and the Roger Williams Mint made these tokens.
There are two distinct die varieties, again noticeable in the letter G of Good. The "C" in NYC also has distinct differences
between the two varieties.
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1953 - Small dye-cut Y token The 1953-1970 small dime-sized token with the Y cut out. Due to time constraints, a solid token
was used from June through September of 1953. The Osborne Coinage Company and Scoville Manufacturing Co made these solid tokens.
By September the originally desired 16mm specimens with the Y-cut out were being delivered and phased into use. The 16mm token
remained in use at the 15-cent fare until 1966 and then at a 20-cent fare until 1970. There are three distinct varieties noticeable
in the letter G in the word Good. Included here is the variety that is common with a vertical line at the tail end of the
"G" making the letter look something like an arrow pointing up. There are two sans serif varieties that are far more difficult
to find, one slightly more so than the other.
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1979 - Diamond Jubilee Commemorative token The 1979 Diamond Jubilee token with the diamond cutout. In 1979, to celebrate the 75th anniversary of the IRT,
the New York City Transit Authority, now under the jurisdiction of the state controlled Metropolitan Transportation Administration,
jointly planned the celebrations. The MTA had a graphic designer from the J.C. Penney Company, William Bonell, present a draft
of the Diamond Jubilee token. Osborne Coinage struck ten million in brass for general circulation concurrent with the Y-Cutout
issue. 5,000 were struck in proof brass, from polished dies and made available to the public from the revenue office at 370
Jay Street. 10,000 pieces were struck in copper-nickel, but were never released, and are presumed destroyed. The Fifth Avenue
Jewelry firm of H. Stern had a numbered edition of 250 made in 14-karat gold. The design includes a subway kiosk entrance
on one side, and the 1904 subway car on the other, with a large diamond above. It is interesting to note that nowhere on the
token does it say "Good for One Fare!" Due to the speed of manufacture, many were struck with off-center diamonds, and some
are known as un-punched solids. An error also exists with the token made of two subway car designs, and no kiosk design!
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1986 - "Bullseye" token The 1986-1995 bullseye token, brass with a silver metal bullseye. In 1986 50 million new steel centered
brass tokens were minted by the Roger Williams Mint at a cost of $5,750,000. Under GOOD FOR on the reverse are small initials,
SJD, they are for Silvester J. Dubosz, then Assistant Controller of the New York City Transit Authority. He was responsible
for ordering the tokens, and was fired once it was discovered that he had his initials placed on the token order. Later strikes
of the design do not carry the initials, eventually over 90 million of these bi-metallic tokens were minted.
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