Token Found On Building Site

Could be a tool check generally they have a hole in it for hanging in place of the tool,or a larger equipment check for test equipment that doesn't hang on a board. With the after stamped number it also could be some form of company in house purchase token for use in the company cafeteria.

Can't make out what is in the oval at the bottom? What was located on the site of the building that was removed in the past. Check your local library for business directories from the early 1900's to the last year the building was in use.

Also check with the reference desk at the library you would be surprised at what people drag in to be identified. Or if you have a local museum they might have some info. With out a location, It would be impossible to even try to locate one in the token catalog.

I just was cutting the number of directories you would have to search limiting it to the 1900's Biggest thing is looking for companies or Businesses that were on or near the location. With those letters, with the two crowns it might have government ties. The broad arrow design reminded me of the Brits old prison uniforms.

"The idea of covering the uniforms of Penal Servitude prisoners with the broad arrow was first introduced by Sir Edmund Du Cane in the 1870s after his appointment as Chairman of Convict Directors and Surveyor-General of prisons. Du Cane considered the broad arrow to be a hindrance to escape and also a mark of shame. It was certainly unpopular with the convicts. "All over the whole clothing were hideous black impressions of the Broad Arrow", wrote one prisoner. Another considered the "hideous dress" to be "the most extraordinary garb I had ever seen outside a pantomime". Men sent to public-works prisons were issued with boots. One prisoner, Jeremiah O'Donovan Rossa, left this description: "Fully fourteen pounds in weight. I put them on and the weight of them served to fasten me to the ground. It was not that alone, but the sight of the impression they left on the gutter as you looked at the footprints of those who walked before you, struck terror to your heart. There was the felon's brand of the ‘broad arrow' impressed on the soil by every footstep...the nails in the soles of your boots and shoes were hammered in an arrow shape, so that whatever ground you trod you left traces that Government property had travelled over it." The broad arrow markings were used until 1922."

This was known as the convict era.

Also under the broad arrow.
"The broad arrow was not widely used for convict clothing during the early period of transportation, due to the lack of government issued uniforms. The Board of Ordnance took over supply in the 1820s, and uniforms from this period are marked with the broad arrow, and the mark can be seen on the so-called "magpie" uniforms. It continued to be used to denote government property in the Australian colonies from the earliest times of settlement until well after federation."
"The broad arrow is used currently by the Australian Army to denote property owned by the Department of Defense."
So you have a couple of directions to look under.

Could be an armed forces base scrip for commissary or club.

or some other government dept. or prison all only because of the broad arrow design and its use history.

The broad arrow was also used as a military mark on WW1 era vehicles.

I have seen photos of British WW1 lorries marked with "W^D", (where ^ means the broad arrow). The "WD" means "war department".