1895, Sumatra, Asahan, Simpang TIga. Cu Dollar Plantation Token. PCGS SP-63!

Description

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1895, Sumatra, Asahan, Simpang TIga. Cu Dollar Plantation Token. PCGS SP-63!
Region: Sumatra
Mint Period: 1890-1895
Reference: LeWe 310b, LaBe 215b. (
RRR!
).
Condition:
Certified and graded by PCGS as SP-63!
Denomination: 1 Dollar (
the slab says 50cents which is wrong!
)
Material: Red Copper
Diameter: 36mm
Obverse:
Two Chinese characters (ONE DOLLAR) within inner circle. Chinese legend around.
Reverse
: Value in Malay script (ONE DOLLAR)  within inner circle. Malay legend around.
Legend: "KEDEH CHINA ONDERNEMING SIMPANG-TIGA * ASAHAN *"
Simpang Tiga
is a small township located 5 km south of Bagan Datoh, in Perak, one of the 13 states of Malaysia. This Township is formed by only a few rows of shop houses and a few hundred families, most of them farmers. This township is also the hometown for the Parliament Member of Bagan Datoh and the Deputy Minister of Tourism.
Authenticity unconditionally guaranteed.
Bid with confidence!
From about 1872 plantation and estate tokens were used, on a large scale, for payment on many tobacco plantations in the so called " Residence of the East coast of Sumatra" in the Netherlands East Indies. This "money" was used to pay the coolies who worked there on the plantations.The planters established on Sumatra's East coast started issuing this exchange item in a way which was directly related to the plantation or estate. As their main reason they said that there was a shortage of small change in these areas. But that was not really the main reason: what they really wanted was to get total control of money circulation on the estates. With that, the coolies were obliged to buy their daily supplies in the plantation shops
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