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Auction T16  2 Oct 2019
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Lot 45

Estimate: 200 GBP
Price realized: 240 GBP
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World Tokens, the Property of a North Country Collector

Bermuda, IRELAND ISLAND, Ireland Island Co-Operative Society Ltd., uniface, 11 Pence, legend around 11d, brass, 29mm (Lyall 105). Very fine, some spots of staining, very rare £200-£300

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Provenance: Bt. Larry Swain, 1994

Ireland Island was the Royal Navy base in Bermuda and these tokens were issued by the Co-Op storn near the navy base. It is believed they were used for small change purposes when the Royal Navy ratings were paid to the nearest shilling to minimise the effort of handling small value coins by the R.N. pay section
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