ALL NEW!!! - 2027 Red Books Available
Order Your Copy Today!

1694 1/2 P Elephant, Carolina, PROPRIETORS, O/E MS BN

Greysheet & CPG® Values
1694 1/2 P Elephant, Carolina, PROPRIETORS, O/E MS BN
Thank you to our sponsors!
Go check them out!

Although no law is known authorizing coinage for Carolina, two very interesting pieces known as Elephant tokens were made with the date 1694. These copper tokens were of halfpenny denomination. The reverse reads GOD PRESERVE CAROLINA AND THE LORDS PROPRIETERS 1694.

The second and more readily available variety has the last word spelled PROPRIETORS. The correction was made on the original die, for the E shows plainly beneath the O. The elephant’s tusks nearly touch the milling on the second variety.

The Carolina pieces were probably struck in England and perhaps intended as advertising to heighten interest in the Carolina Plantation.

Obverse Description

A prominent elephant fills the majority of the design.

Catalog Information

GSID: 13
Strike Type: Business
Coin Shape: Round
Edge: Plain
Variety: Elephant
Variety 2: Carolina, PROPRIETORS, O/E
Coin Date: 1694
Denomination: 1/2 P
Designation: MS
Coinage Type: Elephant Coinage
Coinage Years: 1694
Composition: Copper
PCGS #: 73
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

Coin Value History
1694 1/2 P Elephant, Carolina, PROPRIETORS, O/E MS BN
Value By Grade
1694 1/2 P Elephant, Carolina, PROPRIETORS, O/E MS BN
CPG (retail) values
Value by grade is available to subscribers. Subscribe to View

Values

Greysheet & CPG® Values
GSID:13 PCGS:73 Shop related

Values

Greysheet & CPG® Values
Greysheet & CPG® Values by grade for 1694 1/2 P Elephant, Carolina, PROPRIETORS, O/E MS BN
Grade CPG Value (Retail) Greysheet Price (Wholesale)
MS61 $48,000 $1,234
MS60 $43,000 $1,234
AU58 $1,234 $1,234
AU55 $1,234 $1,234
AU53 $1,234 $1,234
AU50 $1,234 $1,234
XF45 $1,234 $1,234
XF40 $1,234 $1,234
VF35 $1,234 $1,234
VF30 $1,234 $1,234
VF25 $1,234 $1,234
VF20 $1,234 $1,234
F15 $1,234 $1,234
F12 $1,234 $1,234
VG10 $1,234 $1,234
VG8 $1,234 $1,234

Related Items

Other items from this series
See all

Auction Prices

Recent public sale records for this item
See all
Fr. 73. 1880 $5 Legal Tender Note. PCGS Banknote Fine 12.
Fr. 73. 1880 $5 Legal Tender Note. PCGS Banknote Fine 12.
$390
Sold 5/20/2026
Stack’s Bowers Galleries
1694 1/2 P Carolina Elephant Token, PROPRIETORS, AU50 NGC. Betts-79, Hodder 2-F, W-12120, R.6....
1694 1/2 P Carolina Elephant Token, PROPRIETORS, AU50 NGC. Betts-79, Hodder 2-F, W-12120, R.6....
$15,000
Sold 10/2/2025
Heritage Auctions
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. Fine Details--Environmental Damage (PCGS).
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. Fine Details--Environmental Damage (PCGS).
$1,500
Sold 11/18/2024
Stack’s Bowers Galleries
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF20 PCGS. CAC. Hodder 2-F, W-12120, R.6....
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF20 PCGS. CAC. Hodder 2-F, W-12120, R.6....
$13,800
Sold 1/10/2024
Heritage Auctions
1694 Carolina Elephant Token. Hodder 2-F, W-12120, Breen-194, Betts-78. Rarity-6. PROPRIETORS, O/E. EF-40 (PCGS).
1694 Carolina Elephant Token. Hodder 2-F, W-12120, Breen-194, Betts-78. Rarity-6. PROPRIETORS, O/E. EF-40 (PCGS).
$19,200
Sold 3/20/2023
Stack’s Bowers Galleries
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. EF-45 (PCGS).
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. EF-45 (PCGS).
$16,800
Sold 11/1/2022
Stack’s Bowers Galleries
1694 1/2 P Carolina Elephant Token, PROPRIETORS, Hodder 2-F, W-12120, R.6, VF35 PCGS. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, Hodder 2-F, W-12120, R.6, VF35 PCGS. ...
$9,600
Sold 10/7/2021
Heritage Auctions
1694 1/2 P Carolina Elephant Token, PROPRIETORS, MS61 Brown NGC. Betts-79, Hodder 2-F, W-12120, R.6. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, MS61 Brown NGC. Betts-79, Hodder 2-F, W-12120, R.6. ...
$39,600
Sold 1/21/2021
Heritage Auctions
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF30 PCGS. Betts-79, Hodder 2-F, W-12120, R.6. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF30 PCGS. Betts-79, Hodder 2-F, W-12120, R.6. ...
$10,200
Sold 9/6/2019
Heritage Auctions
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VG10 PCGS. CAC. Hodder 2-F, W-12120, R.6. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VG10 PCGS. CAC. Hodder 2-F, W-12120, R.6. ...
$8,519
Sold 9/11/2016
Heritage Auctions
1694 TOKEN Carolina Elephant Token, PROPRIETORS Fine 15 PCGS. Hodder 2-F, W-12120, R.6. ...
1694 TOKEN Carolina Elephant Token, PROPRIETORS Fine 15 PCGS. Hodder 2-F, W-12120, R.6. ...
$7,638
Sold 10/21/2012
Heritage Auctions
1694 TOKEN Carolina Elephant Token, PROPRIETORS Fair 2 PCGS. ...
1694 TOKEN Carolina Elephant Token, PROPRIETORS Fair 2 PCGS. ...
$3,450
Sold 8/3/2008
Heritage Auctions
$20,700
Sold 5/11/2004
Stack’s Bowers Galleries
1694 TOKEN Carolina Elephant Token, PROPRIETOR VG8 PCGS. ...
$4,600
Sold 3/1/2003
Heritage Auctions
1694 1/2 P Carolina Elephant Token, PROPRIETORS, AU50 NGC. Betts-79, Hodder 2-F, W-12120, R.6. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, AU50 NGC. Betts-79, Hodder 2-F, W-12120, R.6. ...
$17,400
Sold 5/5/2022
Heritage Auctions
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. VG Details--Environmental Damage (PCGS).
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. VG Details--Environmental Damage (PCGS).
$1,560
Sold 11/18/2024
Stack’s Bowers Galleries
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF20 PCGS. CAC. Hodder 2-F, W-12120, R.6. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, VF20 PCGS. CAC. Hodder 2-F, W-12120, R.6. ...
$13,200
Sold 8/17/2023
Heritage Auctions
1694 TOKEN Carolina Elephant Halfpenny, PROPRIETORS XF45 NGC. CAC. Hodder 2-F, W-12120, R.6. ...
1694 TOKEN Carolina Elephant Halfpenny, PROPRIETORS XF45 NGC. CAC. Hodder 2-F, W-12120, R.6. ...
$39,950
Sold 8/16/2015
Heritage Auctions
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. VF-35 (PCGS).
1694 Carolina Elephant Token. Hodder 2-F, W-12120. Rarity-6. PROPRIETORS, O/E. VF-35 (PCGS).
$9,600
Sold 8/16/2021
Stack’s Bowers Galleries
1694 1/2 P Carolina Elephant Token, PROPRIETORS, Hodder 2-F, W-12120, R.6, VF30 NGC. ...
1694 1/2 P Carolina Elephant Token, PROPRIETORS, Hodder 2-F, W-12120, R.6, VF30 NGC. ...
$14,100
Sold 8/2/2017
Heritage Auctions
Subscribe to View

View more data, info, and visualizations. Get access to retail and wholesale pricing as well as auction data.

From the Greysheet Marketplace

Live listings from Greysheet dealers
See all

Greysheet News

A New Chapter for Raleigh Money Expo Starting in 2027
A New Chapter for Raleigh Money Expo Starting in 2027

Whitman Expos and Raleigh Coin Club Partner to Create the Carolinas' Premier Collecting Event and a New National Numismatic Destination.

Dollars Struck Over Three Centuries
Dollars Struck Over Three Centuries

As dealers, collectors and investors all know, Morgan and Peace silver dollars are extremely popular American coins because of their history, legends, and silver content.

Greysheet Market Report: Rare Coin Secrets & Franchising [Video]
Greysheet Market Report: Rare Coin Secrets & Franchising [Video]

Talking Franchising and Coins! A Podcast featuring John Feigenbaum and John McGrath.

Events

Heritage Auctions: US Currency Tuesday Select Auction
Heritage Auctions: US Currency Tuesday Select Auction Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: World Paper Money Tuesday Select Auction
Heritage Auctions: World Paper Money Tuesday Select Auction Location: Heritage Auctions
Tuesday, June 2, 2026
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction
Heritage Auctions: US Coins Tuesday & Wednesday Select Auction Location: Heritage Auctions
Wednesday, June 3, 2026