Spectacular Spring Coin Consignments 3 of 6: Day 2
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Apr 5, 2022
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LOT 831:

J.G.Townsend 1 Token Political Token Grades ng

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Sold for: $10
Start price:
$ 20
Estimated price :
$25 - $100
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J.G.Townsend 1 Token Political Token Grades ng
J.G.Townsend 1 Token Grades ng. John Gillis Townsend Jr. (May 31, 1871 – April 10, 1964) was an American businessman and politician from Selbyville in Sussex County, Delaware. He was a member of the Republican Party who served one term as Governor and two terms as U.S. Senator from Delaware.When the railroad first came through Bishopville, Townsend learned telegraphy and was hired by the Pennsylvania Railroad. Soon he recognized the need for railroad ties, set up a sawmill to make them, and began selling them. In 1896, he moved his family to Selbyville, Delaware, where he began growing strawberries. Before long he was known as the "Strawberry King." To better manage his business he set up his own bank, the Baltimore Trust Company, which became the state's second-largest bank. Townsend, Inc. moved into poultry, corn and soybeans. By the time he died, it was one of the state's largest and most diversified agricultural businesses. He continued his businesses after entering politics and returned to their management when he was not in office.

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