Jetton in Commemoration of the 50th Anniversary of the Krengolm Textile Factory (in Estonia), 1907.
In unmarked silver, 77.8 mm in overall height; 36.5 mm in width. Beautifully detailed piece in Art Nouveau showing the factory on the obverse. The reverse has Latin numeral L (50) and raised inscription "Krengolm Manufactory, 1857 -1907." This jetton has a relatively uncommon attachment on a silver base in order to wear it inserted into a pocket of a jacket, as opposed to a conventional key fob or pin attachment (this style of attachment is often mistaken for a bookmark.)
The jetton is in excellent condition, with perfectly preserved artwork. There are a couple of dings on the reverse, but the writing is nice and crisp.
The Krengolm factory complex is located on a river island near the city of Narva in Estonia. Powered by nearby waterfalls, this textile manufacturer was considered a very modern enterprise when it was built in 1857. The factory is still running now, over 150 years after its construction. Interestingly, there was a Soviet badge awarded to best workers of this factory in 1957 to commemorate its 100th anniversary.
Please note, penny in our photo is for size reference.
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