Owner Comments:
Purchased on 3/23/2012.
This is a very well preserved example of the NY630AK-1a token issued in 1863. This token has a rarity of R2 with approximately 2000-5000 expected to remain in existence today. A very nice description of this token can be found below from a recent article on the Nova Numismatics website.
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By A. Packard, Numismatist - 30 October 2011
Mr. Hussey began his career at the Bank of New York in 1834. Working in the banking industry, Hussey saw a need for a service which could courier documents. At the time, the only services available for businesses were private postal services as well as the United States Postal Service. Unfortunately, neither of these two options could rapidly move documents amongst the various financial institutions located throughout New York City.
Seizing his opportunity, while remaining an employee at the bank, in 1854 Hussey founded the "Bank and Insurance City Post." Immediately Hussey's service was a resounding success. Filling a need so desperately sought, firms throughout the greater New York area employed his delivery services. Besides New York City itself, Hussey's territories also included delivery and pick-up in Brooklyn, Harlem, Staten Island, and Jersey City.
In 1858 Hussey renamed his firm "Hussey's Instant Special Message Service". It was at this time that he also moved his operations to 50 William Street. Employing a rotating staff of 25-40 messengers, Hussey issued his own "postal stamps" at a cost of 1-cent apiece. By 1862 Hussey raised his rates to 2-cents, and subsequently issued a 2-cent denomination stamp. For special deliveries, Hussey charged higher fees, and issued higher-denominated stamps accordingly.
In addition to his stamps, Hussey also issued his own Civil War Store Card in 1863. For another 12 years Hussey ran his Instant Special Message Service until 1875. Retiring due to ill health, Hussey sold his operation to Mr. Robert Easson. Unique to all merchants who issued Civil War Tokens, George Hussey is the only known businessman who also issued his own private postage stamps.