Hi everyone. So I proposed a question were tokens legal tender. The answer is no. However tell that to the people who used the tokens below. One says pay the bearer one penny. Or an exchange of coinage for a purchase. You buy something for half a penny and receive a half in return. What just happened? Coinage changed hands during a purchase of an item. Legal Tender. Who says? Well the Monarchy does yet they will not release legal tender so consumers use these. No taxes on something not legal tender is there? The civil war tokens. Many didn't have denominations on them some did. It didn't make a difference because I could redeem that grocery token for goods in that store. A transaction took place. Someone bought an item with that token. Legal Tender. No. Who says? The government said. But there's not enough legal tender to go around people have to live. To eat, buy clothes. I wonder if you asked them if it was legal tender they would say of course! The other two are half penny's. More tokens with a denomination on it. You could buy many things for a penny. But how it's not legal tender. Store owners and merchants had to survive. Was anyone ever arrested for buying goods and services with tokens? Never heard of it have you? But ask a coin collector today you already know the answer no way we're tokens legal tender. What is legal tender. Coinage put out by a government to buy and purchase goods. But if a government doesn't do what it's supposed to do there obligation how do people live?Tokens. Thousands of them in England and the United States and other countries. So I will sum up my thoughts. If a token is used to purchase goods to live on then i would consider that legal tender. Especially if it carries a denomination. But what is backing it? Nothing but faith like today's dollar. Interesting. We immediately say no it's not legal tender yet there something that sustained thousands of men, women, children and store merchants for years and years. What do you think. Think outside the box. Thanks for taking time. I do have a reason why I asked. Comments. I'm interested in comments.Remember if you can have a transaction and not be arrested then nothing illegal took place correct. You know my answer even though it's just a theory. I believe during these times they were legal tender simply because there was none. Enjoy. Mike
1986, Sears celebrates its 100 years in business with a token made from copper from the Statue of Liberty. Material was from the renovation of the statue. Sear appears to be struggling to stay afloat at this time, so it may the last hurrah for them.