5 Cents - Lincoln Business College (Lincoln, Nebraska) ND front 5 Cents - Lincoln Business College (Lincoln, Nebraska) ND back
5 Cents - Lincoln Business College (Lincoln, Nebraska) ND photo
© worth (CC0)

5 Cents - Lincoln Business College (Lincoln, Nebraska) ND

 
Aluminium 1.4 g 22.5 mm
Description
Location
United States
Period
Federal republic (1776-date)
Type
Trade tokens › Business tokens
Value
5 Cents (0.05&nbspUSD)
Currency
Dollar (1785-date)
Composition
Aluminium
Weight
1.4 g
Diameter
22.5 mm
Thickness
1.5 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Demonetized
Yes
Updated
2024-11-14
References
Numista
N#258965
Rarity index
97%

Reverse

Script: Latin

Lettering:
BUSINESS DEPT.
¢5¢
LINCOLN, NEB.

Edge

Plain

Comment

Lincoln Business College was founded in 1884, and by 1925 had merged with the Nebraska School of Business to become the Lincoln School of Commerce. Its successor still exists today.
These tokens were used to train clerks on the proper methods of handling money. Examples would be how to properly make change with the fewest coins returned, how to "break" a larger denomination for a customer or tally the total of the register at then end of the day.