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Obverse Design
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"N.C.O. CLUB" curves along the top. An bow-shaped ornament appears in the
top middle. Curving in an upwards arc across the middle is "FORT SHERMAN",
and a diamond-shaped ornament appears below it. "C.Z." curves along
the bottom.
Circle of beads close to the edge. Smooth plain raised edge.
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Reverse Design
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"GOOD FOR" curved along the top. Large "50¢" in the center, with a
vertical cent sign.
"IN TRADE" curves along the bottom.
Circle of beads close to the edge. Smooth plain raised edge.
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Metal
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Aluminum.
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Weight
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Unknown.
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Size and Shape
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Round, size not listed (probably somewhere between 28 mm and 32 mm).
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Dates Issued
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Unknown; may be pre-World War II.
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Issuer
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Fort Sherman, on the west bank of the Canal across from Cristobal/Colon.
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Mintage
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Unknown.
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Rarity
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Rare.
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Manufacturer
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Unknown.
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Other Catalog Numbers
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Asociación Numismático's F-157 (photo), Henkle's CZ-67,
Plumer page #4.
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Varieties
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None known.
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Function
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Perhaps a post exchange token.
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Population Count
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Three specimens in collector hands are known to me.
I do not know of any recent sales.
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