World Tokens (14 February 2012)

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Date of Auction: 14th February 2012

Sold for £400

Estimate: £250 - £350

Cat Cay, Cat Cay Club, uniface gold One Key, c. 1946, cat on key, back engraved with ewj monogram, stamped 10k lgb (L.G. Balfour, Attleboro, Mass.), 38mm, 22.70g. A pocket piece; better than very fine, with loop and ring mount, unusual and presumably a one-off £250-350


Provenance: Bt Thompson & Strong 1996.

The initials are thought to be those of Erwin, Wasey & Jefferson, the original name of the advertising agency set up by Louis Rice Wasey (1884-1961) and Will Jefferson in Chicago in September 1914. Wasey moved to New York in 1924 and, with his wife Rae, purchased the island of Cat Cay in 1931 for approximately $400,000 from the widow of Milo Strong (†1931). Wasey and his business partner, O.B. Winters, spent about $1 million in the late 1930s creating a private club with a membership restricted to 100