History

Tokens / Fichas

The Almanach de lembranças Madeirense, for the year 1908, published an article entitled Fichas Madeirenses, written by our compatriot Dr. Carlos da Silva Carvalho, a civil servant at the Customs of Lisbon, which we will transcribe with due respect, as it is the most comprehensive work on the subject that we know of:

So closely linked to the commercial development of this island are the tokens or chips, whether used to facilitate change in times when small change was scarce, or for payment of carters and wheelwrights who, at the end of each week, exchanged them for currency, that we believe a brief account of these equivalents, currently known, would be of some interest, thus expanding on a summary published some time ago in the Diario de Noticias of this city.

The first known tokens date back to the end of the 18th century, and, it is an honor to say, it was a Madeiran who first introduced them into fiduciary circulation, the merchant J. F. Esmeraldo; subsequently, other commercial houses took advantage of the same benefits, such as Vicente d'Oliveira & Companhia, Phelps, Page & Co., Colson, Smith & Robinson, Diogo Adams, etc..

Their use gradually became widespread and today it is rare to find a commercial house of some importance or a club where games are played that does not have them coined, such is the confidence that the public places in these pieces of brass, copper, zinc, and even sheet of Flanders, that almost everyone accepts them, certain that they represent money. Witness the curious tokens of the Count of Calçada Diogo d'Ornelas Frazão (seal on wax D. O. F. and value), which are in circulation among the numerous stewards of the same opulent house in the town of Calheta.

In addition to the list that we publish below, we know that many other houses coined them, but neglect and the eager crucibles of the foundries left us no trace of them.

Known Tokens

YearDescriptionValue, rs.MaterialObservations
1793João Francisco Esmeraldo50, 100 and 200BrassExtremely rare, as only three specimens are known, one of each.
1799Vicente d'Oliveira e Companhia40, 50, 80 and 100CopperThey are common and are still in use at the house of Messrs. Francisco da Costa & Filhos, with the exception of the 80 rs. specimen, of which the only known specimen was offered in the past by the Exm° Padre Schmitz to a museum abroad.
18021. W. Phelps and Company40, 50 and 100CopperRare.
1803Phelps, Page & Company40, 50 and 100CopperRare. There is an error on some 100 rs. tokens, having fifty reis on the obverse. The only two known specimens belong to the Ex.mos Snrs. Padre Schmitz and H. Hempel.
1804Colson, Smith and Robinson40, 50 and 100CopperExtremely rare.
1815Thaumaturgo de Souza Drummond20, 50, 75, 100 and 200ZincThey are all extremely rare.
1816João Antonio de Bianchi50, 60, 80 & 100CopperNot very common.
1831Diogo Adams & Company40, 50, 60, 80 and 100CopperCommon.
1840Blandy Brothers & Co.50, 100, 200, 240, and 300BrassStill in circulation.
1841Diogo d'Ornelas Frazão100 and 200Wax seal on cardboardNot very common.
1842Administration of the Commerce Capstan80ZincNot very common.

12–1855–Carlo de Bianchi–100 rs. in sheet of Flanders. Extremely rare. A single specimen in the possession of Ex.m° Snr. Hempel.

13-Fabrica do Torreão. (W. Hinton & Sons)–50, 100, 150, 200, 250, 300, 400, 500 and 600 rs. in brass and still in circulation.

14–1876–Customs of Funchal–40, 50, 60, 80, 100, 200, 250, 300 and 400 rs. in brass and still in circulation.

15–1884–Fenay & Brothers.

F. 1.. Countermark on those of n.° 3.

F. 1.. Countermark on those of n.° 4; there is the same error on some 100 rs. tokens.

. F. 1.. Countermark on those of n.° 5.

The latter are extremely rare.

16–1887–Manuel Ferreira Cabral, 50 and 100 rs. in zinc. Rare.

17–1888–Widow of Romano Gomes & Sons, without indication of value, in sheet of Flanders.

18–1889–A. Izidro Gonçalves, without indication of value, in lead.

19–1990–Luiz Gomes da Conceição without indication of value, two varieties in sheet of Flanders.

20–1892–Francisco Rodrigues & Company, without indication of value, in zinc.

21–1896–D. Erminio Pojal,–1 token in vermeil without indication of value, circulating with the 500 rs; 1 of 100 rs. in nickel; 1 of 100 rs. in vermeil; 1 without indication of value in aluminum, circulating for 3$600 rs.

22–1896. Club Funchalense. 1. 2. 5. 10, representing 100, 200, 500 and 1$000 rs., in ivory. Rare.

23–1897–Krohn Brothers & Co. -40, 100, 150, 200, 240 and 500 rs. in brass.

24–1898–William J. Krohn–100 and 200 rs., in aluminum.

25–1898 -Almeida & Company. 24 varieties without indication of value, but with numbers indicating the quantity of milk supplied to the factory at Adegas in Ponta do Sol, in sheet of Flanders.

26–1899–Confraria de S. Vicente de Paulo–50 rs. in silver-plated aluminum. Beautiful design.

27–1899–José Fernandes d'Azevedo–60, 100, 120, 150, 200 and 250 rs., in sheet of Flanders. Uncommon.

28–1901–Casino da Quinta Vigia–200 rs. in silver.

29–1901–Club Restauração–-100, 200 and 500 rs., in aluminum. 100, 200, 250, 500 and 1$000 rs. in bone.

30–190l–Cory's Madeira Coaling Company Limited–2 varieties without indication of value (in copper). 1 without indication of value, in aluminum.

31–1902–Cossart Gordon & Company. 50, 100 and 200 rs. in nickel, 50, 100, 200, and 500 rs. in brass.

32–1902–Wilson Sons & Company Limited, without indication of value, in brass.

33–1903–Club Recreio Musical–50, 100, 200, 250, 500, and 1$000 rs. in silver-plated aluminum. Superb engraving.

34-1903–John Payne & Sons (Successors Martin- Wartemberg). With values, in German: 10, 20, 50, 100 and 200 Pfenings, in brass. Likewise, 1, 3, 10, 30, 50 and 100 Pfenings in aluminum.

35–1904–Luiz Augusto da Silva Carvalho. L A S C. 120 rs. Countermark on 40, 50, 60 and 80 rs. of n.° 8. L A S C. 200 rs. Countermark on 40, 50, 60 and 80 rs. of n.° 8. Rare.

36–1905–Carlos Teixeira–2 varieties without indication of value, in sheet of Flanders.

37–1905–M. Gonsalves & Company– 2 varieties without indication of value, in zinc, and 1 without indication of value, in copper.

38–1905–Fort of São Philippe (A. Giorgi & Company)–1 without indication of value, in brass.

Tokens believed to have circulated in Madeira, whose houses are unknown:

1st–S. I. D. & Co.–Undated, 40, 50 and 100 in copper, existing in the collection of Mr. Andrade, a Madeiran resident in Brazil. In February 1907, a 40 rs. specimen (Samuel John Dreff & Co.?) was sold for 6 florins in Amsterdam.

2nd–R. I. M.–undated, without value, in copper, found in the works of the Blandy house's quay, at Pontinha, existing in the museum of the Seminary.

3rd O. P. undated, without value, in brass. (Public Works?)

4th–10 and 50 undated, without value, in brass.

5th–CFF 3 varieties undated, without value, in zinc.–(Correia, França & Sons?)

6th- P. L). undated and without value, in copper.

7th–W. H. undated, without value, in copper (William Hatchison?)

Tokens in circulation in Portugal, Madeira, and the Azores. T (abacus), S (soap), P. (gunpowder). (5 varieties PX RX PXX RXX PXXX).

In the German newspaper Munz Blatter, the Rev. E. Schmitz published a brief account of the Madeiran tokens, and the same subject was also addressed by Major Alberto Altur Sarmento, in an article that appeared in the now-defunct Diário do Commercio of Funchal.

People mentioned in this article

Administração do Cabrestante do Commercio
Institution
Blandy Brothers & Cº.
Commercial company
Colson, Smith & Robinson
Commercial company
Diogo Adams
Trader
Diogo d'Ornelas Frazão
Individual
Dr. Carlos da Silva Carvalho
Official at the Customs of Lisbon
J. F. Esmeraldo
Merchant
João Antonio de Bianchi
Merchant
Phelps, Page & C.°
Commercial company
Thaumaturgo de Souza Drummond
Individual
Vicente d'Oliveira
Trader

Years mentioned in this article

1793
João Francisco Esmeraldo introduced the first known tokens into fiduciary circulation.
1799
Vicente d'Oliveira e Companhia minted tokens with values in copper.
1802
Phelps, Page & Companhia minted tokens with values in copper.
1803
Phelps, Page & Companhia minted tokens with values in copper, some with errors in the value.
1804
Colson, Smith e Robinson minted tokens with values in copper.
1815
Thaumaturgo de Souza Drummond minted tokens with values in zinc.
1816
João Antonio de Bianchi minted tokens with values in copper.
1831
Diogo Adams & Companhia minted tokens with values in copper.
1840
Blandy Brothers & Cº. minted tokens with values in brass.
1841
Diogo d'Ornelas Frazão minted tokens with values in wax over cardboard.
1842
Administração do Cabrestante do Commercio minted tokens with values in zinc.
1855
Carlo de Bianchi issued tokens of 100 rs. in sheet of Flanders.
1876
The Customs of Funchal issued tokens of 40, 50, 60, 80, 100, 200, 250, 300, and 400 rs. in brass.
1884
Fenay & Irmãos issued tokens with countermark on those of n.° 3, 4 and 5.
1887
Manuel Ferreira Cabral issued tokens of 50 and 100 rs. in zinc.
1888
The Widow of Romano Gomes & Sons issued tokens without indication of value, in sheet of Flanders.
1889
A. Izidro Gonçalves issued tokens without indication of value, in lead.
1892
Francisco Rodrigues & Companhia issued tokens without indication of value, in zinc.
1896
D. Erminio Pojal issued several tokens, including one in vermeil without indication of value, circulating with the 500 rs.
1897
The Krohn Brothers & C.a issued tokens of 40, 100, 150, 200, 240, and 500 rs. in brass.
1898
William J. Krohn issued tokens of 100 and 200 rs. in aluminum.
1899
The Confraria de S. Vicente de Paulo issued tokens of 50 rs. in silver-plated aluminum.
1901
The Casino da Quinta Vigia issued tokens of 200 rs. in silver.
1902
Cossart Gordon & Companhia issued tokens of 50, 100, and 200 rs. in nickel, and 50, 100, 200, and 500 rs. in brass.
1903
The Club Recreio Musical issued tokens of 50, 100, 200, 250, 500, and 1$000 rs. in silver-plated aluminum.
1904
Luiz Augusto da Silva Carvalho issued tokens of 120 and 200 rs. with countermark on 40, 50, 60, and 80 rs. of n.° 8.
1905
Carlos Teixeira, M. Gonsalves & Companhia, and Forte de São Philippe (A. Giorgi & Companhia) issued several tokens without indication of value, in different materials.
1990
Luiz Gomes da Conceição issued two varieties of tokens without indication of value, in sheet of Flanders.