What can you tell me about "BANTAM"

[NicktheMainer]

I recently found a token that says "For amusement only" "Bantam" and "This token has no cash or trade value".

What can you tell me about the age, and the company Bantam?

Picture is for reference:

 

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[idahotokens]

Bantam Mint Vender - Slot Machine by Pace Manufacturing Co.

John in the Great 208

 

[NicktheMainer]

Okay so Bantam made games and machines for amusement parks, so the token could basically have been used in any one of their machines?

 

[idahotokens]

Did you click on the link? The Pace Manufacturing Co. made the machines and Bantam was one of their models. These slot machines were sold or leased to operators, either individuals like a cigar store owner who would put it by his cash register so customers could dispose of any spare change they might have, or to a route operator who would make deals with area businesses to place the machines in their businesses. The machines often would take nickels only (some would take either tokens or nickels), and would pay out in tokens. The wording on the token (no cash or trade value) was a bit of a ruse to get around gambling laws since the machines were then technically not slot machines, even though the tokens generally could be used to buy candy, cigars, etc. from the business at 5¢ per token.
John in the Great 208

 

[NicktheMainer]

Okay thanks for clarifying!