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Interborough Rapid Transit Token

Interborough Rapid Transit Token

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Description (Brief)
The Scovill Manufacturing Company of Waterbury, Connecticut produced this transportation token during the early 20th century. The Scovill Company was established in 1802 as a button manufacturer and is still in business today. Scovill was an early industrial American innovator, adapting armory manufacturing processes to mass-produce a variety of consumer goods including buttons, daguerreotype mats, medals, coins, and transportation tokens. The center bears the overlapping initials IRT.
Obverse: The legend reads: INTERBOROUGH RAPID TRANSIT CO.
Reverse: The legend reads: GOOD FOR ONE FARE.
Location
Currently not on view
Object Name
token
referenced
Interborough Rapid Transit Company
maker
Scovill Manufacturing Company
Measurements
overall: 2.2 cm; 7/8 in
ID Number
1981.0296.1386
accession number
1981.0296
catalog number
1981.0296.1386
See more items in
Work and Industry: Production and Manufacturing
Industry & Manufacturing
Scovill Manufacturing Collection
Transportation
Data Source
National Museum of American History
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Comments

I just want to add information regarding the IRT token. It was minted in 1928 when the IRT Co. was sure that the State of NY and the courts would grant a fare increase from 5 cents to 7 cents. The fare increase was denied. The tokens were never circulated. In 1943 a large number of them were sold to the Hudson & Manhattan Railroad Company and remanufactured into new tokens for H & M use. In 1948 the remainder were sold and melted down for their metal content.

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