Coin with writing on??

[Zacman3669]

Hi all this is quite random found in newton abbot, it appears to be a coin but almost looks like someone has stamped the letters on, any ideas what this could be

 

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[Silver Searcher]

Hi all this is quite random found in newton abbot, it appears to be a coin but almost looks like someone has stamped the letters on, anyView attachment 1508220View attachment 1508223 ideas what this could be

Probably a trade token, made from a worn British copper coin.

SS

 

[Zacman3669]

Probably a trade token, made from a worn British copper coin.

SS

I am special, but a trade token? What would that be used for as on trade of what x x x

 

[DCMatt]

From Wikipedia:

From the 17th to the early 19th century in the British Isles and North America, tokens were commonly issued by merchants in times of acute shortage of coins of the state to enable trading activities to proceed. The token was in effect a pledge redeemable in goods but not necessarily for currency. These tokens never received official sanction from government but were accepted and circulated quite widely.

 

[Zacman3669]

Thankyou matt and now I know x x x x