| Author |
 Replies: 15 / Views: 4,430 |
|
|
Pillar of the Community
United States
4883 Posts |
Rather a smaller token at just over 19 mm in diameter. Interesting for the anchor shaped cutout that obliterates much of the legends on the reverse, which I believe is advertising for Osborne reapers.   Colligo ergo sum
|
|
|
|
Pillar of the Community
United States
3079 Posts |
It is an Osborne register co manufactured token, The cancelled punch can indicate it would no longer be accepted at any of that companies stores if they had more then one. Or it could indicate a change of ownership of the company. They can be shapes, letters, numbers or simply a drilled hole. The Osborne Register co. is still in business today and making tokens today. I believe that they made the MacDonald coins of late.
|
|
Pillar of the Community
United States
3079 Posts |
Here is one with numbers and from a coal company,  The reason for these were two fold, They had to spend them at the company store as other establishments couldn't collect real money for them. The second was since a lot of the mines Lumber camps/mills and turpentine camps were off the the beaten path and small change was hard to get. Edited by Circus
10/16/2018 05:51 am
|
|
Pillar of the Community
 United States
5029 Posts |
Circus that is a fantastic token!  |
|
Moderator
United States
188770 Posts |
Very nice! |
|
Bedrock of the Community
United States
36782 Posts |
|
|
Pillar of the Community
 United States
4883 Posts |
Circus, thank you for the correction as to the Osborne legend.
It had been already suggested to me that the cutout constituted a cancellation of the token. My initial reaction was that it was a somewhat elaborate shape if solely for that purpose.
Colligo ergo sum
|
|
Pillar of the Community
United States
3079 Posts |
The shaped ones I believe are more indicators that anchor company bought the other out so the clerks in the company stores would only be allowed to take the correct punch outs. since to get such a nice clean token after punching you need a bottom hollow punch and a corresponding punch in the shape of the anchor sort of mating male and female punches. which would cost provocative at the time for small change counterfeiting .
|
|
Moderator
United States
56855 Posts |
Edited by John1
10/16/2018 5:05 pm
|
|
Pillar of the Community
United States
3325 Posts |
These company store tokens are an interesting, yet sad, story about how workers were often taken advantage of by their employers. I have one from Erlanger Mills in Lexington, NC with an "E" cutout. Below is a link to an article that sheds some light on how these tokens and paper scrip were used. Not the whole story, but an interesting read. "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
|
|
New Member
United States
2 Posts |
Lucky Cuss, that token has a pick stamped out of it representing PICKering Lumber whose logo was a pick with a ring around it. I grew up in Standard, CA which was wholly owned by Pickering. These tokens were used at the company store. I have a one dollar, 50 cent & 25 cent token from that store.
|
|
Moderator
United States
188770 Posts |
 to the Community, BatG! |
|
Bedrock of the Community
Canada
24885 Posts |
@ BatG To the Forum. |
|
Pillar of the Community
United States
4883 Posts |
BatG - Welcome and thank you for the first hand information!
Colligo ergo sum
|
|
New Member
United States
2 Posts |
 Here are some more Pickering tokens |
|
Moderator
United States
188770 Posts |
Quote:
Here are some more Pickering tokens Very nice! |
| |
Replies: 15 / Views: 4,430 |
|
Posted 10/16/2018 05:48 am
