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1982 Belgium Leuven 50 Lovenaar Brass Plated Steel Token Only 50,000 Minted

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Product details

Management number 48981841 Release Date 2026/02/04 List Price $13.33 Model Number 48981841
Category

Pictured is the exact rare token you will receive.
1982 Belgium Leuven 50 Lovenaar Brass Plated Steel Token Only 50,000 Minted
Numista = N#45180

Municipal tokens were born in Flanders in 1980.
The first that came into circulation was the 25 Franc of Leuven and was given the name "Lovenaar".
The city of Leuven had launched the idea that a medal could/should be minted for the city.
This was valid for a limited time and only exchangeable at the local dealers.
Most coins went straight into the collection of numismatists or private individuals who thought it was a nice must-have.
Due to the law of supply and demand, the value of this occasional coin rose rapidly
and reached a value of around 1,000 Francs (= 25 EUR) in a short time.
As a result, few coins returned to the city treasury.
Soon the "Lovenaar" was imitated in other cities and municipalities that also saw their chance to generate extra income.

CategoryToys & Collectibles > Trading Cards > Other Trading Cards
SizeN/A
BrandNone
ConditionGood

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