Is this something some one would have in a coin collection or token collection it says token on it but it was used to replace/ or in the absence of a coin for those who dont know what this is http://www.coinsandcanada.com/tokens-medals-banks.php?title=&id=140
that's a bank token, the new foundland tokens were currency though hence them having proper Km's rather than km Tn. They are similar in a way to the British conder token but they are from pre federated Canada so really varied from colony to colony It will have circulated as currency no doubt but it was never officially recognised
