Token - Selecta ND

Reverse

Wording in a circle.

Script: Latin

Lettering: TO BE EXCHANGED FOR GOODS ONLY ◆

Edge

Plain

Comment

Coin looks to be punched out and have wording stamped in.

Https://www.selecta.com/
https://en.wikipedia.org/wiki/Selecta_(vending_company)
Selecta Group is a European vending services operator.
In 1950, Joseph Jeger, a Swiss employee working in Basel, went on a business trip to the United States and saw his first vending machines in factories there. He thought it would be a great idea to put similar vending machines in the factory of the company he worked for. Spending all his savings, he ordered five machines from the US producer and was allowed to install them in the factory. Joseph Jeger’s employer is still a client of Selecta.
Factory workers used Jeger's machines day in and day out. The American machines were produced with American fittings making them expensive to maintain. To overcome this, Joseph rented a garage in his home town of Murten, hired his first employee and produced the first vending machine made in Switzerland. This vending machine was the first to carry the name Selecta. It was 1957.
Since then, Selecta has grown and expanded in Europe.