USA KENTUCKY Covington transit token (circa 1950)

$25.00

USA, KENTUCKY, transit token, no date (circa 1950), Obverse: GREEN LINE, C.N. & C.R.Y.CO., Vondersmith signature, Reverse: GREEN LINE GOOD FOR ONE FARE, L-shaped cutout, copper-nickel, 16mm, Covington, VF

1 in stock

SKU: 2884024 Categories: , Tag:

Description

One of the rare items in the transit token series which was thousands of items made throughout the 20th century.

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.

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.