Since it has a hole drilled into it, I think it might have been part of a souvenier that had a ribbon attached. The top of the ribbon might have had a pin which would be pinned to a lapel.
I just saw a display of such ribbons and tokens at the ANA convention. A lot of the tokens were specially made for an event -- like the anniversary of statehood or for a political convention.
I expect there are books on the subject.
I inherited a couple these and it was driving me nuts -- didn't know what they were! LOL One of mine is a colonial coin (with a clear date) and I just couldn't figure out why someone would drill two holes in it. But after seeing the display at the convention I feel fairly certain that the coin is the only part that remains of a souvenier pin of some sort.
I just saw a display of such ribbons and tokens at the ANA convention. A lot of the tokens were specially made for an event -- like the anniversary of statehood or for a political convention.
I expect there are books on the subject.
I inherited a couple these and it was driving me nuts -- didn't know what they were! LOL One of mine is a colonial coin (with a clear date) and I just couldn't figure out why someone would drill two holes in it. But after seeing the display at the convention I feel fairly certain that the coin is the only part that remains of a souvenier pin of some sort.



















