Watch List notes:

Malaysia, British North Borneo. New Labuan Borneo Tobacco Company Ltd. Æ One Cent Token. Undated, 1887. N.L.B.T.C.L. ESTATE SHOP✶ around ONE CENT divided by central hole / Four Chinese characters around central hole. Pridmore 72; KM 50; Mitchiner 3337. 4.39g, 25mm, 12h.

Extremely Fine. Scarce.

From the inventory of a UK dealer.