(sold for $170.0)

Description:
CoinWorldTV

1900s, USA, North Carolina. Brass "Reid Queen" $1 Dollar Trade Token Coin. VF+

Mint Period: ca. 1900-1920 Denomination: 1 Dollar (Trade Token) Region: Little Switzerland, North Carolina, USA Condition: A few edge-hits and scratches, deposits, otherwise VF+ Diameter: 33mm Weight. 8.09gm Material: Brass

In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Tokens have a denomination either shown or implied by size, color or shape. "Tokens" are often made of cheaper metals: copper, pewter, aluminium, brass and tin were commonly used, while bakelite, leather, porcelain, and other less durable materials are also known.

A key point of difference between a token coin and a legal tender coin is that the latter is issued by a governmental authority and is freely exchangeable for goods. However, a token coin typically has a much more limited use and is often issued by a private company, group, association or individual. In the case of "currency tokens" issued by a company but also recognized by the state there is a convergence between tokens and currency.

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Price
This coin has been sold for   $170.0

Notes: https://www.ebay.com/itm/153857911656 2020-03-15

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Posted by: anonymous
2020-03-11
 
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