Product Details

This is a trade token that was typically used as a form of private currency by businesses in the United States. The token is for "10 [cents] IN TRADE". It was likely issued by a local establishment, such as a tavern or general store, and the letters "N J" and "M" may indicate the business or location. Trade tokens were redeemable for goods or services at the issuing business, but had no value as legal tender. These items are now considered collectibles, valued for their historical significance.