token info

[iwannafindsome]

hi all i found this token ,looking for any info on it or value of it.

in trade only E.N. HART
25 25
ingle system McMECHEN W.VA.
pat.apr.7,1914

thx for looking

 

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[PBK]

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. The Ingle System was introduced in 1908, and the company went out of business in 1919, at which time it was succeeded by the Insurance Credit System. E. N. Hart is among the merchants listed in Lloyd E. Wagaman's book, Ingle System Scrip. However, Wagaman reports only a $1 token.

 

[iwannafindsome]

thank you for the info