112. The Fascinating World of Philippine JETONS

Jetons were metal tokens or medals that were widely used in Europe from the 13th to the 17th centuries. They were initially produced as counting devices for mathematical calculations, similar to an abacus. Over time, they evolved into currency substitutes for games of chance, much like modern casino chips or poker chips.

In the Middle Ages, jetons were produced for use in games and toys and were often made with intricate designs and ornate engravings. Some jetons also served as political or commemorative tokens, sometimes with designs inspired by well-known coins of the era.

In the Philippines, jetons and tokens had a similar widespread use, but their intended purpose was distinct. Jetons here were designed for promotional and commemorative purposes, with their main aim being to commemorate an event or promote a company. On the other hand, tokens were originally produced as exchangeable items with a specific monetary value assigned to them and used as a form of currency substitute.

Sample of Indian Head CALIFORNIA GOLD TOKEN
and Indian Head FILIPINO GOLD JETON

Some jetons were also used to promote certain events such as the Manila Carnival. For example, the 1927 Queen Luisa jeton features "Miss Philippine" on the reverse, while the 1926 La Bella jeton features "Islas Filipinas" within a wreath. These jetons were made of brass and served as promotional items for the Manila Carnival.

Jetons here were often designed after famous coins from other countries such as the US gold tokens. For example, some jetons were patterned after the California US gold tokens, featuring a bust of Lady Liberty or an American Indian on the obverse, and "FILIPINO GOLD" on the reverse. There were also designs resembling the Spanish Philippine Queen Isabel II gold coins from the 1860s, such as the "Reina De Las Joyas, Filipinas".

These jetons were typically made of 10K gold and were thin, with a diameter measuring between 16-21 mm. They were used for various purposes, including advertising jewelry stores such as La Perla de Oriente and other similar establishments. The use of gold and intricate designs on these jetons made them highly sought after by collectors and enthusiasts.

Regardless of their original purpose, jetons have become popular numismatic items, valued for their unique design and historical significance. Despite their small size, jetons have become cherished souvenir coins.

If you're looking for information on Philippine jetons, "Coins, Medals and Tokens of the Philippines 1728-1974" by Aldo Basso and "Philippine Medals and Tokens 1780-2010" by Earl D. Honeycutt, Ph.D. are great resources to consult.

  SOME SAMPLES OF PHILIPPINE JETONS

OBVERSE

   

REVERSE

MELVIN LAM Collection

MELVIN LAM Collection

Source: Wikipedia