note: extra-large token

1980 Belgium Ghent Gent 25 Gandae trade token {1-year-issue} 1S 2L

FEATURING
front: Top center - Gravensteen 1180-1980 Stad Gent
At the bottom center - 25 Gandae in omloop te gent van 15 augustus tot 15 oktober 1980.
25 gandae = 25 Belgian francs, valid in the City of Ghent, capital of the Province of East-Flanders

back: In center - Medieval inscription
"ANNO INCARNATIONS MCLXXX PHILIPPUS, COMES FLANDRIE ET VIROMANDIE, FILIUS THIRICI COMITIS ET CIBILIE, FECIT HOC CASTELLUM COMPONI." - on a circle

Municipal tokens were born in Flanders in 1980.
The first that came into circulation was the 25 Franc of Leuven and was given the name "Lovenaar".
The city of Leuven had launched the idea that a medal could/should be minted for the city.
This was valid for a limited time and only exchangeable at the local dealers.
Most coins went straight into the collection of numismatists or private individuals who thought it was a nice must-have.
Due to the law of supply and demand, the value of this occasional coin rose rapidly
and reached a value of around 1,000 Francs (= 25 EUR) in a short time.
As a result, few coins returned to the city treasury.

• quantity 1
• demonetized {no longer in circulation} polished Brass plated steel coin
• diameter: 30 mm
• weight: 7.91 g

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1980 Belgium Ghent Gent trade municipal token coin pendant necklace Belgian jewelry Gravensteen medieval castle Counts of East Flanders river Lys Bruges Liège Limbourg Bilstain Wallonia Namur Charleroi Schaerbeek Mechelen Leuven