Token HELP YALL..

[Tim Helms]

f ound this trade token in monroe n c .on the back it says pat jun 1909 Ingle system?

 

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[Tim Helms]

the front says Luther Willams

 

[nhbenz]

Well, the Ingle system used "script" tokens that companies gave to employees to use at company stores, as described here: Coin Value: Token: US Ingle (Ingle System Script) 1909 to 1924

 

[DCMatt]

Well, the Ingle system used "script" tokens that companies gave to employees to use at company stores, as described here: Coin Value: Token: US Ingle (Ingle System Script) 1909 to 1924

Kinda like Bitcoin...

 

[idahotokens]

The Ingle company of Dayton, OH sold their "system" of bookkeeping to grocery stores (primarily) throughout the midsection of the country. The stores could buy produce from their customers using this scrip (not script) or cash at a discount. Also stores often loaned money to their customers in the form of these tokens. There are two basic series of Ingle System tokens - those with patent dates of 1909 and 1911. There has been extensive research done on them, since most are "mavericks" and don't say on them the town and state. I'll ask the Ingle expert about Luther Williams - could you please post a pic of the obverse?
John in the Great 208

 

[Tim Helms]

Here is a pic of the token

both sides

 

[idahotokens]

The Ingle expert says that Luther Williams operated a general store in Monroe, NC and that his order for tokens was shipped to him there in 1913. I see him in the 1910 Census in Monroe as "merchant - retail grocery". I'd encourage you to post pics of this one at TokenCatalog.com
John in the Great 208

 

[idahotokens]

Thanks for the pics! I can post it to tokencatalog with permission to use your pics.
John

 

[Tim Helms]

sure thing you can and thank you.

 

[idahotokens]

Monroe, North Carolina, U.S.A.

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LUTHER WILLIAMS / 50

IN TRADE / 50 / PAT. JUN. 1909

TC-412777 *** Collection of Tim Helms*** Ingle Shipping Record #1662 shipped 1913 to Monroe, NC ; 1910 Census: Merchant - Retail Grocery

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