Need help with identification of a token

SlabSlayR

Greenie
Jan 20, 2013
11
0
My buddy that I MD with found this token a few years ago when he was visiting in Minnesota. I have looked all over the Web for info about it and have turned up nothing about this company. It says R.M. Abbott & Co. Paynesville, Minn on the front and Good for .50 in trade on the reverse side.

If anyone knows anything about this company please let me know.

Thanks
 

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idahotokens

Bronze Member
Aug 30, 2003
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Raymond Marcus Abbott (1880-1961) was his full name - I don't know the nature of the business, but will check with the fellow who is cataloging Minnesota trade tokens and has a lot of directories that may show the business. He was a farmer in most of the references I find. Asking for him, would you be willing to let him use your photos? Thanks!
John in the Great 208
 

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SlabSlayR

SlabSlayR

Greenie
Jan 20, 2013
11
0
Yes, he can use the photos. Thanks for the info that you gave me so far.

I called the Paynesville, Minn Historical Society today and the didn't even know who or what the company was.
 

idahotokens

Bronze Member
Aug 30, 2003
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I'm going to predict that we will find that he ran a general merchandise store and that the "& Company" was a silent partner like his father, brother, etc. Things in these operations were pretty low-key. Most of these little stores used a denomination set of tokens - 5¢, 10¢, 25¢, 50¢, and $1. I'll bet there are more waiting to be found!
John
 

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SlabSlayR

SlabSlayR

Greenie
Jan 20, 2013
11
0
That was my guess, I assume that it was a general store or a drug store token.
 

tokensmith

Full Member
Aug 8, 2007
140
47
R.M. Abbott is listed in the 1912 Bradstreet as a grocery in Paynesville. No mention of the '& Co.'
 

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