Upper Peninsula Dollar?

The only information I have is that they were issued in antique bronze and brass. I don't know the year, mintage, mint or anything else. This info came from Jean-Guy Cote's The Handbook of United States Municipal Trade Currency, 1991

Oh, and a catalogue value of $4.50 is listed for the brass, but no value is listed for the antique bronze.

Ok, I talked to someone who was familiar with the coin and they said the coin was given away as a promotional type coin and is only worth 2 dollars and was from the 70's. I don't know if I believe that or not though. Will do some more searching on this.

Paul

They are municipal Trade dollars. They were promotional items usually issued by the local chamber of commerce and would be worth a dollar at participating merchants. In Canada we refer to them as Trade dollars ... they are often called so called dollars in the States. Usually they will have an expiry date on them, but this one doesn't.

John, I'm curious, do you know if you have the brass or the antique bronze version. PChammer's appears to be brass.

Paul, I'm a new member and not sure how this works, here goes...
I was given the coin in 2001 in DeTour, Michigan (I was the Postmaster) from a Great Lakes Ships Captain (who has pasted about 10years ago at 94) who said he was given the coin as change while in port, it's value was $1 and you could purchase them for $1 and was used as legal currency at stores across the Upper Peninsula. Captain said he acquired it around 1952 sailing and then ran tugs while they built the Big Mac 54-57...I was born in 1954 and Captain wanted the coin to continue, I was going to post picks of the coin but I don't know how to upload on this, I posted on Facebook.

It is called a so called dollar4, used either as a promotional deal, collectors item or some times to make a point on how much a company contributes to the area. It is not and never was a legal tender currency in the USA Since only the government can mint/print money by law. They can be used at any participating establishment, But they don't have to accept it. There have been thousands of assorted So-called dollars minted by towns, cities, villages and festivals across the USA and Canada.


Couldn't find any reference in either of the above books under different headings
It isn't listed in the token catalog either
In Michigan the so-called Trade dollars, end up in the bargain bin or $5.00 at the high end, unless they are really old

It's been nearly nine years since the OP posted the question. Time to move this one out of "ID Required", methinks.