World of Coins

Other tokens and medals => Other tokens used for payments => Topic started by: scroggs on October 11, 2019, 11:57:49 AM

Title: SEO co-operative token
Post by: scroggs on October 11, 2019, 11:57:49 AM
Could anyone help me with identifying this token S.E.O , looks like a postal token with post horn ,anchors and lightning bolts on the back.
Zinc Square with 5mm centre hole, 24.31mm , 3.69g
Title: Re: SEO co-operative token
Post by: saro on October 11, 2019, 01:02:40 PM
Belgian Token of the City of Ostend : SEO = SPAARZAAMHEID ECONOMIE OOSTENDE .
Title: Re: SEO co-operative token
Post by: scroggs on October 11, 2019, 02:32:10 PM
Thank you very much, its been puzzeling me for a while  :D
Title: Re: SEO co-operative token
Post by: malj1 on October 12, 2019, 12:00:36 AM
One of a series of various shaped tokens.

Wikipedia (https://nl.wikipedia.org/wiki/Spaarzaamheid_Economie_Oostende) says:
The consumption cooperative Economy Economy Oostende (SEO for short) is the largest cooperative the province of West Flanders has ever known. The organization provided years of work for hundreds of Ostend citizens.
The SEO was established on October 24, 1892, initially under the name 'Samenwerkende Maatschappij Spaarzaamheid'. What emerged as a small cooperative company , founded by 'iron road workers' for the purchase of coal, grew over the years into a large association. Their objective was: to work together and to work together to create a society that would deliver quality goods at affordable prices to the people of Ostend.
In 1981 they had to close the doors. All branches (most of which are already out of date) were sold and the SEO was declared bankrupt.