Obverse Design "NCO CLUB" curves along the top. An bow-shaped ornament appears in the top middle. In the middle is "LIFELINERS" in quotes, and another bow-shaped ornament appears below it. "FORT KOBBE" is below that, curving along the bottom. Circle of beads close to the edge. Smooth plain raised edge.
Reverse Design A large "5" with "IN TRADE" in an oval block across the lower half of the number. Small C to the right of the upper part of the "5". Circle of beads close to the edge. Smooth plain raised edge.
Metal Copper-Nickel. Weight 3.6 ± .1 grams. Size and Shape Round, 22.5 mm in diameter.
Dates Issued Unknown; similar designs used around 1970.
Issuer Fort Kobbe, on the west bank of the canal near the Pacific entrance and next to Howard AFB.
Mintage Unknown.
Rarity Common. Manufacturer Unknown; design very similar to those used by Meyer and Wenthe Company. Other Catalog Numbers Asociación Numismático's F-150 (photo), Cunningham's CZ270f, Curto's F298-5, Henkle's CZ-60 and Plumer page #4.
Varieties One variety is in copper-nickel, one in brass with a hole, and a third exists in brass without a hole.
Function Perhaps a post exchange token.
Population Count Eleven specimens in collector hands are known to me. Recent sales include:
  1. Auction sale on eBay on January 9, 2007 for $26.87 plus $2.50 shipping.
  2. Auction sale on ebay on December 14, 2006 for $10.00 plus $3 shipping.
  3. Auction sale on ebay on November 1, 2006 for $26.87 plus $1 shipping in condition EF.
  4. Fixed price sale on eBay on July 5, 2006 for $25.00.
  5. Auction sale on ebay on Feburary 4, 2001 for $34 plus $2 shipping in condition VF+.