Philippines, Rio Grande Estates Ltd., 50 Cents c. 1910-1913, RIO GRANDE ESTATES LTD. around 50 / CENTS, rev. similar, brass, 30mm. Nearly very fine, rare £80-£100

This lot was sold as part of a special collection, World Tokens, the Property of a North Country Collector.

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Rio Grande Estates, was a public company in Edinburgh. They established a rubber tapping company in March 1910 in the Rio Grande Valley, Mindanao. The company ceased operations in the Philippines in 1913 and was dissolved in 1918