Trade token (obverse), of Alloa Colliery, Clackmannanshire

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Postcard of Trade token (obverse), of Alloa Colliery, Clackmannanshire.
© National Museums Scotland

Trade token (obverse), of Alloa Colliery, Clackmannanshire

This is the obverse of a copper five shilling trade token of Alloa Colliery in Clackmannanshire. Originally a Mexican 8 real coin of 1794, the coin was counter-stamped and reissued as a token.

The obverse has a circular stamp in the centre with the text, 'Payable at Alloa Colliery' surrounding a 5 shilling motif.

In the second half of the 18th century trades and companies began issuing trade tokens to alleviate the shortage of short change. The tokens circulated locally and could be used to buy goods or could be redeemed by their issuers for regal coinage.

Record details

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Online ID: 000-100-048-191-C
Image Rights Holder: National Museums Scotland
Project: 0098: National Museums Scotland
Project description | View all records in project
Ref: National Museums Scotland  H.1960.37
Date: 18th/19th century
Material: Inscription: PAYABLE AT ALLOA COLLIERY / 5/-
Dimensions: 39 mm Dia
What: Trade token / coin, counterfeit
Subject: Trade tokens
Who: Alloa Colliery (Issuer)
Lingford Collection (Previous owner)
Paget Collection (Previous owner)
Schulman (Sale Lot 305 $22)
Where: Mexico
Scotland, Clackmannanshire, Alloa
Description: Trade token of Alloa Colliery, countermarked on a copper counterfeit of a Mexico 8 real of 1794
  • Davis, 67 
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