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<p>[QUOTE="cladking, post: 795928, member: 68"]In case you're wondering scarce probably means around 50 known. (I don't have one) With tokens like this the number known can change suddenly as hundreds come on the market if the original order is found. </p><p><br /></p><p>Most tokens of this sort were ordered 1000 at a time and will be distinct from reorders since dies were not retained. The tokens were issued to customers in many imaginitive ways. Sometimes they were issued at full value (usually 5c) in change or sold at a small discount. They operated machines which dispensed gum or entertainment or just about anything. </p><p><br /></p><p>A staggering number of the issues do not survive at all; not even a single specimen. This was the result of the proprieter intentionally destroying the entire order he had on hand because he feared they would come into the possession of someone who would redeem them. This meant only those that were outstanding could survive and the attrition on these is staggering. Who keeps expired coupons? </p><p><br /></p><p>I'd guess there are nio surviving examples of about 60% of all issues. Many are rare or unique because of the extremely low survival rates. There are thousands of issues with 600 to 1000 surviving. Higher numbers tend to be unc and lower numbers tend to be circulated, sometimes heavily. </p><p><br /></p><p>There are few collectors of these and they are poorly documented. </p><p><br /></p><p>It's a shame how much modern coins, tokens, and medals are overlooked.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 795928, member: 68"]In case you're wondering scarce probably means around 50 known. (I don't have one) With tokens like this the number known can change suddenly as hundreds come on the market if the original order is found. Most tokens of this sort were ordered 1000 at a time and will be distinct from reorders since dies were not retained. The tokens were issued to customers in many imaginitive ways. Sometimes they were issued at full value (usually 5c) in change or sold at a small discount. They operated machines which dispensed gum or entertainment or just about anything. A staggering number of the issues do not survive at all; not even a single specimen. This was the result of the proprieter intentionally destroying the entire order he had on hand because he feared they would come into the possession of someone who would redeem them. This meant only those that were outstanding could survive and the attrition on these is staggering. Who keeps expired coupons? I'd guess there are nio surviving examples of about 60% of all issues. Many are rare or unique because of the extremely low survival rates. There are thousands of issues with 600 to 1000 surviving. Higher numbers tend to be unc and lower numbers tend to be circulated, sometimes heavily. There are few collectors of these and they are poorly documented. It's a shame how much modern coins, tokens, and medals are overlooked.[/QUOTE]
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