Unofficial currency used for centuries to be sold

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For centuries, an unofficial form of currency was used in towns across England - made by local businesses for local people. Now, the coins, known as tokens, are collectables and a large number of them are set to go under the hammer in Wiltshire.

Kim Day has examined hundreds of the tokens as part of her work at RWB Auctions in Royal Wootton Bassett.

"During periods where there isn't much official currency around, local businesses tend to step in and create their own little tokens. So these would have been exchanged for people shopping, to pay people," she said.

A large private collection featuring hundreds of tokens is being sold at the auction house on 24 September. The coins date from the 1600s to the 1950s, with the majority from businesses and towns in Wiltshire.

Kim Day smiles at the camera - she has long, fair hair and wears a beige cardigan and necklaces, Behind her on the wall are old framed paintings.
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Kim Day is a coin expert at the auction house and has been going through the collection

They would have been made all over the country, all unique to their own area, but this collector lived in Wiltshire.

A few in the collection from the 1600s are tiny, but very clean. Swindon can be clearly seen on one, with the name William Heath, and another is from Devizes.

An old coin close-up: it is a very muddy copper colour and the imprint of a stylised castle can be seen in the middle with words round the edge - one of them says Grace in capitalsImage source, RWB Auctions
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One of the earliest in the collection is from Devizes in the 1600s, from a female businesswoman called Grace Naish

"This one's really interesting because it's got the name Grace Naish on it. That tells us it was made by a woman.

"This was in the 1650s, so you didn't really have many female business owners back then," said Ms Day.

The token has an imprint of what appears to be cloves on one side, an indication that Grace could have been a grocer, she added.

Ms Day found a marriage record in Devizes from the time, proving Grace was a real person and important enough to issue her own local currency.

An old copper coin well-preserved with leaves round the edge and in the middle declaring it is from 'John Lamb: draper, grocer, ironmonger'Image source, RWB Auctions
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A token from the regency period shows one businessman to have many talents

Ms Day explained it is likely the tokens "would have been used no further than the town they were made in".

It is not just shops, but pubs that issued them too. One from 1810, the regency period, is very well-preserved and decorated and was from business owner John Lamb in the Cricklade area.

He covered a few trades, according to the coin, which reads draper, grocer and ironmonger.

There are numerous tokens from over the centuries in the collection - from pubs in Trowbridge, to businesses in Melksham and tokens for pay from the old Great Western Railway works.

Small clear plastic bags with plastic-like counters in them in red and yellow
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Many tokens from the 1940s onwards are more colourful

The more recent tokens - from the 1940s and 1950s - are more colourful, some looking more like plastic tiddlywink counters in red and yellow, while others are aluminium.

A lot of this part of the collection are dairy tokens from Amesbury or for loaves in Swindon.

Head auctioneer Gareth Wasp explained: "They would take it from your salary or your wages and get the tokens in return. You would have been able to exchange them for eggs, dairy products."

Gareth Wasp smiles at the camera. He has a beard and is wearing a pink shirt and stripy tie. He stands in front of a large antique cabinet and there are old framed paintings.
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Head auctioneer Gareth Wasp explained the more recent tokens had obvious uses - such as for pints of milk

Ms Day said the items are not expected to fetch high prices at auction, but they reveal a lot about a place.

"The Wiltshire tokens, even the quite old ones, they're not super valuable on a collectors market.

"You can pick these up for as little as £50, even really old coins, so it's a very accessible area of coin and token collecting to get into. You can own a piece of local history for not that much really," she added.

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