FADED INTO the MISTS of TIME

Wayne County, IL

 

Trade tokens



Picture courtesy of Michael J. Von Gebel

Pictured:

Trade tokens are kind of like early coupons, issued by merchants. Generally they have a merchant's name or initials, sometimes a town and state, and a value, such as "good for 10 cents" (or other denominations). Tokens were issued by general stores, grocers, department stores, dairies, meat markets, drug stores, saloons, bars, taverns, barbers, coal mines, lumber mills and many other businesses. The era of 1870 through 1920 marked the highest use of "trade tokens" in the United States, spurred by the proliferation of small stores in rural areas. Thousands of small general stores and merchandise stores were to be found all over the United States, and many of them used trade tokens to promote trade and extend credit to customers.  This particular trade token was from my cousin who operated a small dry goods store in New Madison, OH and is made out of brass.

 

 

 

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