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Madeira Islands Portuguese islands located off the North West coast of Africa. Commercial trade token from the 1800's are rare especially in high grade.
1802 Madeira 50 Reis (Trade Token) issued for I. W. Phelps & Co. Rev. PAGARAO. AO. PORTADOR CINQ LA REIS The coin is choice EF for issue £350.00
1803 Madeira 100 Reis (Trade Token) issued for Phelps. Page & Co. Rev. PAGARAO. AO. PORTADOR CINQ LA REIS The coin is weakly struck but still considered to be EF for issue £350.00
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