Tokens & Medals

Explore fascinating tales of currency substitutes and bold, artistic works told by the hobby’s leading experts.

Honesty Is the Best Policy

Honesty Is the Best Policy

March 7, 2025

Read time 6 min read

The owner of a Kentucky taxi business restored customers’ confidence in the industry by focusing on safety and integrity.

Honesty Is the Best Policy
The Royal Economic Society of Havana Medal

The Royal Economic Society of Havana Medal

February 20, 2025

Read time 3 min read

Havana's Royal Economic Society of Friends issued medals of oxidized silver as a mark of distinction for its members.

The Royal Economic Society of Havana Medal
Tokens from the Fringe

Tokens from the Fringe

February 10, 2025

Read time 4 min read

The ANA Library helped this author with his research on the connection between American hobo nickels and Australian convict tokens.

Tokens from the Fringe
Living Statues

Living Statues

February 7, 2025

Read time 5 min read

The Franklin Museum advertised its risqué entertainment featuring women posing as statues 
by counterstamping circulating coinage.

Living Statues
Ugly…but Oh So Rare!

Ugly…but Oh So Rare!

January 7, 2025

Read time 5 min read

A maverick token that only a collector could love turned out to be issued by a previously unknown Virginia merchant.

Ugly…but Oh So Rare!
Vicksburg Peace Jubilee

Vicksburg Peace Jubilee

December 6, 2024

Read time 5 min read

Union and Confederate veterans celebrated the 50-year anniversary of the Civil War’s end in Vicksburg, Mississippi.

Vicksburg Peace Jubilee
Coast to Coast Bicycle Race

Coast to Coast Bicycle Race

November 7, 2024

Read time 5 min read

It took bicyclists less than two weeks to complete transcontinental relay races across the United States in 1896 and 1934.

Coast to Coast Bicycle Race
Underground Wealth

Underground Wealth

October 7, 2024

Read time 6 min read

North Carolina mining companies issued tokens in small quantities that could be redeemed for merchandise at their stores.

Underground Wealth
Bottoms Up!

Bottoms Up!

September 12, 2024

Read time 3 min read

A 19th-century liquor wholesaler issued a merchant token to drum up business at his Tacoma-based establishment.

Bottoms Up!
Trip Cancellation

Trip Cancellation

September 9, 2024

Read time 5 min read

A medal was issued for President William McKinley’s planned visit to Montana in 1901, but the tour never took place.

Trip Cancellation
Tracking Down Mavericks

Tracking Down Mavericks

August 7, 2024

Read time 5 min read

Uncommon names and unusual locations are helpful clues when trying to identify tokens issued by unknown merchants.

Tracking Down Mavericks
Effervescent Remedy

Effervescent Remedy

July 2, 2024

Read time 4 min read

A chemist who developed a drug to relieve headaches relied heavily on all forms of advertising to promote his cure.

Effervescent Remedy