Token - Atlantic Coast Lumber Corp. Georgetown, South Carolina ND

Reverse

Value surrounded by wreath and legend.

Script: Latin

Lettering:
GOOD FOR
5
PAT. JULY 1899
IN MERCHANDISE

Edge

Plain

Comment

https://en.wikipedia.org/wiki/Atlantic_Coast_Lumber_Company

“Atlantic Coast Lumber Company was formed in 1899 when the potential value of the vast amounts of standing timber in the Pee Dee River watershed was discovered by a group of Northern lumbermen. Options were taken by the company on this timber and that of surrounding counties. A large sawmill was built west of the city of Georgetown and production began. In 1903, the company was incorporated with a capital of one million dollars.” 

http://www.kaminskimuseum.org/blog/2020/6/19/eighth-owner-of-the-kaminski-house-edgar-lee-lloyd

"This flurry of activity created hundreds of new jobs and stimulated economic growth in Georgetown with an infusion of outside capital. It brought a number of new folks to town, among them Edgar L. Lloyd, who became assistance secretary and assistant treasurer of the company."

https://www.angelfire.com/sc2/tokenofthemonth/

“The Atlantic Coast Lumber Company was one of the most prolific issuers of tokens in South Carolina, although few survive in collectors hands today. The company issued at least six distinctly different sets of trade tokens. Most of these sets were made up of five different denominations, ranging in value from five cents to one dollar. At least two of the sets also encompassed one-cent denominations. Two sets were struck in aluminum; the rectangular set …, and an octagonal set. The other sets were struck in a bimetallic composition, with aluminum centers inside brass collars. As mentioned above, few trade tokens from the Atlantic Coast Lumber Company have survived the years, all specimens presently known are rare.”