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1/2 Loaf - Hall and Holtz Shanghai

Location Republic of China
Year 1900-1925
Type Trade token
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Obverse description Plain field surrounding a central round hole, with the issuer legend HALL & HOLTZ LTD. arcing around the upper periphery and SHANGHAI along the lower periphery. The denomination HALF LOAF is inscribed in large raised letters across the center field on either side of the hole.
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Reverse script Chinese
Reverse lettering 福利 麵包 半個
(Translation: Welfare. Bread. Half.)
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