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<p>[QUOTE=&quot;doug444, post: 1911632, member: 38849&quot;]I think it was more of a case that there was a persistent shortage of small-denomination coins throughout Great Britain, at least until World War One.&nbsp; Merchants took advantage of this situation by minting tokens, #1 good only at their establishment, and #2 providing free advertising.&nbsp; As long as they did not call or consider them &quot;money,&quot; the Government didn&#039;t mind.&nbsp; On the downside, merchants, #1 had to bear the cost of minting, and #2 the risk of counterfeiting.&nbsp; As tokens went out of favor, a merchant would withdraw them permanently and perhaps destroy them, as their usage and redemption reduced his real-money revenues.[/QUOTE]</p><p><br /></p>

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