Oil Exchange saloon token, Good For One Drink, circa 1890s, presumed unique
(meaning it is believed that this example is the only one of this type in existence today). Aluminum, 23mm.
Borrowed from the owner in June 2006 for the purpose of photographing it.
Listed in Kappen ("California Tokens" by Charles V. Kappen, 1976) as OIL EXCHANGE / 710 NEWHALL. // GOOD FOR / ONE / DRINK
which is actually a mistake. It's not "710" Newhall. The author read "OIL" twice, once upside-down.
There are two known types of Oil Exchange tokens:
Oil Exchange Newhall / Good For One Drink (Kappen Newhall-8); and
Oil Exchange Bar / Good For 5¢ In Trade. This token is unlisted in Kappen; however, the Kappen supplement associates a maverick "Oil Exchange"
token with Newhall — meaning, there exists an Oil Exchange token that doesn't bear a community name, and it's from Newhall.
Originally Powell's Palace Saloon when downtown Newhall reestablished itself at its present location in 1878, the Oil Exchange bar was located on the
west side of Railroad Avenue just south of 8th Street. See this image for orientation.