1902-1945天津法租界。"南方俱乐部"黄铜代用币。 为南方俱乐部所铸，梅花边。深打，黄铜光满溢。PCGS品鉴中最高分，亦是我们经手的最佳者。2019年8月香港拍卖中，一枚获评PCGS MS-63的同版别币以美金$960成交。<p><em>LeCompte宣称此币源自中国，但亦有人言此币是在北加州流通使用。</em> (t)
CHINA. Tien-tsin French Concession "Nam Fong Club" Brass Token, ND (ca. 1902-45). PCGS MS-65. Lec-1. Struck for the Nam Fong Club, with scalloped edges. A boldly struck token with full brassy luster. The finest certified example at PCGS and will be the finest we have offered. In our August 2019 Hong Kong Sale, a PCGS MS-63 sold for $960. <p><p><em>Attributed in LeCompte to Chinese origin, but some allege this token was struck for circulation in northern California.</em>
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