First 5 Cent Token for Newbie!

[Sandy]

Hi,
I am a newbie, and while digging in my own yard, found my first 5 Cent Token. It reads "GOOD FOR 5cents IN TRADE", and on the back there is only a number, which is " 8955". There is a hole in the center, not sure if that is original to the token or not. Any information on this would be greatly appreciated.

Sandy lol

 

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[Chiz]

Normally, "Good For" tokens were issued by Merchants as gifts or exchange to attract customers back to the store, just like the coupons in the Sunday paper. They normally range from a nickle to a quarter.

Hope this helps!!!

Chiz
8)

 

[beetle662]

A cool token from days-gone-by. Probably at least 30 years old, maybe even back to the 30's or 40's.
A very cool find nonetheless!!!
From one NEWBIE to another, nice work!!!

 

[Thonolan]

I found an identical token at a sidewalk strip just a few months ago. A month later, I saw another guy find a similar one that was for two or three cents. I'd love to know exactly what time span this type token was issued.

 

[coinshooter]

My token book says the following about this token:
"NUMBERED SLOT MACHINE TOKENS: 1890's-1940's - Tokens with thousands of different numbers are known. The numbers represent individual machines or machine operators or businesses. The numbers range from 0 to the 35,000's, plus some higher numbers.
Values: Shown for your token.
a) Nickel-size tokens: 1) With central hole: 5cents-15cents value.

This book was written in 1992, so I tend to double or sometimes even triple prices as tokens are starting to be collected more these days and values are going up.

 

[Thonolan]

coinshooter, thanks for the info.