help please!

[richardchranium]

i found a j.m. mitchell 50 cent token metaldetecting in holiday florida on the back it says in trade 50 pat.jun.1909 ingle system cant find any info on this token any info will be appreciated

 

[DCMatt]

From a Treasurenet post by PBK back in 2006:

J. M. Mitchell -- Elfers, Florida ? listed in a 1914 business directory.

The Ingle System was a method of bookkeeping which allowed merchants to treat customers' credit purchases the same as cash transactions. If you got $10 credit, you were given $10 in tokens of various denominations, to be "spent" in that store only. There were 1?, 5?, 10?, 25?, 50?, $1, and $5 Ingle tokens. Wagaman's bookIngle System Scrip lists only 5? and $1 denominations for J. M. Mitchell.

The Ingle System was introduced in 1908, and the company went out of business in 1918.

Special thanks to PBK. I still miss him.

DCMatt

 

[Bigcypresshunter]

June 19? Pat. Jun. 1909 H. W. Stutzman Ingle System 1 S in Trade Token Cent 1c | eBay
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