Token?

[Keith123]

I think I found some sort of token. The location was a school in Southeastern, CT (build in the early 1900s).

It looks to be about the size of a quarter. One side has the letters K. H. P. M. around the outer edge with a 5c in the center. The other side has the roman numeral 2 stamped in it twice. The numerals don't appear to be strategically placed like the markings on the reverse. Maybe it was used for something and stamped with the Roman numerals to show it's use?

Can anybody ID this token and tell me how old it is and what it was used for?

 

[Breezie]

It looks to be a trade token. I'm guessing the 'M' stands for mercantile. You might want to do some research on vintage stores in your area to see if the initials match.

Neat find
Breezie

 

[DiggerKep]

I can't seem to get the pictures to load but by the sound of it I would look into civil war tokens or civil war trade tokens and see if you can match it for one side die or the other to anything. Just an idea.

 

[Silver Searcher]

They are called trade Tokens.. 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.

SS