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50 Cents - Gray's Merchant Token

Location United States
Year 1978
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Edge Reeded
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Obverse description The obverse features the issuer name GRAY in large bold relief at center, with the denomination numeral 50 below it in the field. A circular legend reads OUR GOLDEN YEARS at the top and A FRIEND OF THE FAMILY SINCE 1928 along the lower border, separated by dot stops.
Obverse script Latin
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Reverse description The reverse displays the large denomination 50¢ prominently in the center field. The legend REDEEMABLE AT GRAY'S FOR... arcs along the upper border, while redemption conditions are inscribed in smaller lettering below the denomination, specifying exclusions and an expiry date of October 31, 1978.
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