Dang paddy where do you find these things? Nice one! Is some thing you’ll send in to grade? How do those tokens and stuff work? Reed.
Well........send it to me I have a nice 2X2 all warmed up for the little guy. Anyways fun stuff. Now let’s go cause some more fun!
It is a slot machine token 1890 to 1940's Not worth the postage to get slabbed. Since it is worth .25¢ to 50¢ less in Quantity The numbers can go as high as 50,000 and stand for the individual machines ,machine operators or the businesses were located. The bow tie is a stock widget design used as a fill on any number of styles of generic tokens. There are thousands of different nu8mbers and hundred of thousands of tokens out there. Due to the number in use and the number of years used.
Wow everyone on this site knows such different stuff! I love it, thanks for the expert information. Sincerely, Reed
I once dug one of these while detecting. Some oldtimer told me that these were where the term "plug nickel" (as in, "not worth a plug nickel") originated. Apparently people could plug the hole in these with lead or something, so that they'd weigh the same as a regular nickel, then attach them to a string, and use them to dupe vending machines. Or that's how I heard it, anyway. Seems plausible to me, though an internet search produces all sorts of different origin stories for the phrase.