Obverse Design "NCO CLUB" curved along the top. Bow-shaped ornament in the center. "COROZAL, C.Z." curving along the bottom (C.Z. stands for Canal Zone). Circle of small beads close to the edge. Smooth plain raised edge.
Reverse Design "GOOD FOR" curved along the top. Large "25¢" in the center, with a nearly vertical cent sign under the letter "R". "IN TRADE" curves along the bottom. Circle of small beads close to the edge. Smooth plain raised edge.
Metal Brass. Weight 4.5 grams. Size and Shape Round, 26.0 mm in diameter.
Dates Issued Unknown. May be pre-World War II. One dollar token listed in 1954 Curto catalog.
Issuer Corozal, a sub-post of Fort Clayton and located about two miles from Balboa.
Mintage Unknown.
Rarity Scarce. Manufacturer Unknown. Other Catalog Numbers Asociación Numismático's F-123 (photo), Conte Porras page #106 (photo), Cunningham's CZ80c, Curto's SC19-25, Henkle's CZ-19, Plumer page #3 and Schimmel #23.
Varieties Unknown.
Function Mess token.
Population Count Eight specimens in collector hands are known to me. Recent sales include:
  1. Fixed price sale on eBay on July 5, 2006 for $35.00.
  2. Auction sale on ebay on February 4, 2001 for $158 plus $2 shipping.