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By: Travis
Images:

Coins of the World
Latin letters

Metallic brown

17 days ago
Post: 1326
US
Inscription: Front: GOOD FOR 5¢ IN TRADE Back: GEO. ARMATAS - Questions: Identification? Value? Condition?

I can’t find much info. on this particular coin. Any help would be appreciated. I’ve had this since I was eight years old.

 
By: Paul
Web reference:
1. [coinquest.com]
Image:

17 days ago
Post: 1331

Nice. It is an old-time 'good for' token. Today merchant use 'loyalty' promotions to retain customers. Yesterday they use 'good for' tokens. Customers could spend their tokens just like money, as long as they were in the merchant's store.

It would be interesting to know who George Armatas was. A merchant of some type, to be sure.

Tokens like yours are collected by coin collectors. That gives them value. For approximate value, go to the [coinquest.com] link under Web Reference to the left.

 
By: SNF
Web reference:
1. [tokencatalog.com]
16 days ago
Post: 1340
I only found one auction record for this token (linked under web reference to the left) - it sold for $9.38 in an eBay auction in 2012.

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