MALAYSIA LABUAN Estate token (circa 1887)

$35.00

MALAYSIA, LABUAN, token, no date (circa 1887), Obverse: N.L.B.T.O.L. ESTATE SHOP, one cent, Reverse: 4 Chinese characters., brass, 20mm, MNI-3337 (c1887), corroded, VF

1 in stock

SKU: 2402186171 Categories: ,

Description

Labuan is an island currently part of Malaysia.

A token is used like a coin but is not a coin. Rather, it stands for a coin without the value of the coin. Maybe its copper, but says its value is the same as a silver coin. Usually tokens were made privately, but sometimes governments got involved.

The word “exonumia” is used to describe all kinds of things that are “like” coins but are not coins. I wrote a blog post on that subject. Basic categories: 1. used like a coin but not issued by a national government, 2. looks like a coin but not made for spending, 3. other things that we are interested in.